2022
Exports
$24.4MWorld Rnk 38 / 170
Flag Rnk 308 / 1177
2022
PRODUCT COMPLEXITY IN Utility Meters
0.046Rnk 536 / 1025
2022
Imports
$81.3MWorld Rnk 28 / 219
Flag Rnk 332 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $24.4M in Utility Meters, making it the 38th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 308th most exported product in Hong Kong. The main destination of Utility Meters exports from Hong Kong are: Romania ($7.54M), China ($4.33M), Germany ($1.91M), United Kingdom ($1.17M), and India ($1.15M).

The fastest growing export markets for Utility Meters of Hong Kong between 2021 and 2022 were Romania ($3.08M), China ($1.7M), and Bulgaria ($1.08M).

Imports In 2022, Hong Kong imported $81.3M in Utility Meters, becoming the 28th largest importer of Utility Meters in the world. At the same year, Utility Meters was the 332nd most imported product in Hong Kong. Hong Kong imports Utility Meters primarily from: China ($56.4M), Japan ($6.97M), Singapore ($4.84M), United States ($2.89M), and Vietnam ($2.67M).

The fastest growing import markets in Utility Meters for Hong Kong between 2021 and 2022 were China ($15M), Singapore ($3.27M), and Malaysia ($799k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Utility Meters. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24.4M
IMPORTS (2022)$81.3M
NET TRADE (2022)-$56.9M

In 2022, Hong Kong exported $24.4M in Utility Meters. The main destinations of Hong Kong exports on Utility Meters were Romania ($7.54M), China ($4.33M), Germany ($1.91M), United Kingdom ($1.17M), and India ($1.15M).

In 2022, Hong Kong imported $81.3M in Utility Meters, mainly from China ($56.4M), Japan ($6.97M), Singapore ($4.84M), United States ($2.89M), and Vietnam ($2.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Romania$3.08M (69%)
China$1.7M (64.6%)
Bulgaria$1.08M (42.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY Hong Kong WERE (2021 - 2022):
United Kingdom-$1.75M (-59.9%)
Japan-$1.58M (-73.9%)
Vietnam-$1.16M (-99%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Utility Meters were:
In 2022, Hong Kong's main importing competitors in Utility Meters were:

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Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.2M
TOP IMPORT POTENTIALChina+ $13.2M

Utility Meters’s highest export potential is China. With an export gap of $2.2M.   Utility Meters’s highest import potential is China with an import gap of $13.2M.

See methodology.

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