2022
Exports | Imports
$160M | $704MWorld Rnk 33 / 214
Flag Rnk 94 / 1177
World Rnk 17 / 223
Flag Rnk 73 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
0.99Rnk 26 / 124
2022
PRODUCT COMPLEXITY IN Thermostats
1.1Rnk 139 / 1025

About

Exports In 2022, Hong Kong exported $160M in Thermostats, making it the 33rd largest exporter of Thermostats in the world. At the same year, Thermostats was the 94th most exported product in Hong Kong. The main destination of Thermostats exports from Hong Kong are: China ($51.3M), Israel ($17M), Hungary ($16.9M), Germany ($9.2M), and India ($8.6M).

The fastest growing export markets for Thermostats of Hong Kong between 2021 and 2022 were China ($22.8M), Israel ($5.85M), and Poland ($2.14M).

Imports In 2022, Hong Kong imported $704M in Thermostats, becoming the 17th largest importer of Thermostats in the world. At the same year, Thermostats was the 73rd most imported product in Hong Kong. Hong Kong imports Thermostats primarily from: China ($526M), United States ($51.1M), Germany ($46.9M), Japan ($23.3M), and Singapore ($10.7M).

The fastest growing import markets in Thermostats for Hong Kong between 2021 and 2022 were Germany ($8.45M), United States ($6.17M), and Australia ($1.42M).

COMPANIES In 2023, leading companies such as EBM-PAPST INC. (30) were at the forefront of shipping Thermostats from Hong Kong to the United States.

Latest Trends

Feb 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 Thermostats. 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)$160M
IMPORTS (2022)$704M
NET TRADE (2022)-$544M

In 2022, Hong Kong exported $160M in Thermostats. The main destinations of Hong Kong exports on Thermostats were China ($51.3M), Israel ($17M), Hungary ($16.9M), Germany ($9.2M), and India ($8.6M).

In 2022, Hong Kong imported $704M in Thermostats, mainly from China ($526M), United States ($51.1M), Germany ($46.9M), Japan ($23.3M), and Singapore ($10.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$22.8M (79.9%)
Israel$5.85M (52.4%)
Poland$2.14M (566%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Hong Kong WERE (2021 - 2022):
United Kingdom-$6.93M (-45.7%)
Singapore-$4.19M (-74.8%)
Iran-$2.3M (-98.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Hong Kong's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

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