Hong Kong | Imports and Exports | World | Ferrous waste and scrap; remelting scrap ingots of iron or steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." from Hong Kong totalled $ 431 million in 2023. Sales of commodity group 7204 from Hong Kong went up by 2.25% compared to 2022: exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." went up by $ 9.51 million (cumulative exports of commodity group 7204 from Hong Kong amounted $422 million in 2022)
Exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." amounted to 0.075% of total exports from Hong Kong (cumulative merchandise exports from Hong Kong totalled $ 575 billion in 2023). The share of commodity group 7204 in total exports from Hong Kong increased by 0.005 p.p. compared to 2022 (it was 0.069% in 2022 and cumulative exports from Hong Kong were equal to $ 610 billion).
Exports of commodity group 7204 amounted to 54% of total sales of group "" from Hong Kong in 2023 (the value of exports of commodity group from Hong Kong amounted to $798 million in 2023). The share of exports of commodity group 7204 in sales of commodity group from Hong Kong increased by 12.8 p.p. compared to 2022 (it was 41% in 2022, and exports of commodity group from Hong Kong were $1.02 billion).
Where does Hong Kong export Ferrous waste and scrap; remelting scrap ingots of iron or steel.?
Top export destinations of "Ferrous waste and scrap; remelting scrap ingots of iron or steel." from Hong Kong in 2023:
- Vietnam with a share of 34% (147 million US$)
- Indonesia with a share of 31% (134 million US$)
- Malaysia with a share of 9.61% (41 million US$)
- Other Asia, nes with a share of 7.43% (32 million US$)
- India with a share of 6.02% (26 million US$)
- Bangladesh with a share of 5.72% (24 million US$)
- China with a share of 2.45% (10.5 million US$)
- Thailand with a share of 2.39% (10.3 million US$)
- Pakistan - 2.75 million US$
- Philippines - 1.2 million US$
Exports structure of 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel. - from Hong Kong in 2023 represented by the following main commodity groups:
- 92% (397 million US$): 720449 - Ferrous waste and scrap; n.e.s. in heading no. 7204
- 6.96% (30 million US$): 720421 - Waste & scrap of stainless steel
- 0.905% (3.9 million US$): 720429 - Waste & scrap of alloy steel other than stainless steel
- 0.013% (59 thousand US$): 720410 - Waste & scrap of cast iron
The value of imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." to Hong Kong totalled $ 18.5 million in 2023. Sales of commodity group 7204 to Hong Kong decreased by 31% in value terms compared to 2022. imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." decreased by $ 8.63 million (the value of imports of commodity group 7204 to Hong Kong was equal to $27 million in 2022)
Imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." accounted for 0.002% of total import flow to Hong Kong (in 2023, total imports to Hong Kong amounted to $ 654 billion). The share of commodity group 7204 in total imports to Hong Kong decreased by 0.001 p.p. compared to 2022 (it was 0.004% in 2022 and cumulative imports to Hong Kong were equal to $ 668 billion).
Imports of commodity group 7204 reached 1.03% of total imports of group "" to Hong Kong in 2023 (imports of commodity group to Hong Kong totalled $1.78 billion in 2023). The share of purchases of commodity group 7204 in imports of commodity group to Hong Kong went down by 0.179 p.p. compared to 2022 (it was 1.21% in 2022, and imports of commodity group to Hong Kong accounted for $2.23 billion).
Where does Hong Kong import Ferrous waste and scrap; remelting scrap ingots of iron or steel. from?
Top trading partners (import of "Ferrous waste and scrap; remelting scrap ingots of iron or steel.") of Hong Kong in 2023:
- China, Macao SAR with a share of 36% (6.83 million US$)
- USA with a share of 20% (3.72 million US$)
- China with a share of 11.7% (2.17 million US$)
- United Kingdom with a share of 5.75% (1.06 million US$)
- Canada with a share of 5.67% (1.05 million US$)
- Australia with a share of 4.18% (775 thousand US$)
- Japan with a share of 2.2% (409 thousand US$)
- Korea with a share of 2.2% (409 thousand US$)
- Malaysia with a share of 2.18% (405 thousand US$)
- South Africa with a share of 1.5% (278 thousand US$)
Imports structure of 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel. - to Hong Kong in 2023 represented by the following main commodity groups:
- 63% (11.7 million US$): 720449 - Ferrous waste and scrap; n.e.s. in heading no. 7204
- 31% (5.89 million US$): 720421 - Waste & scrap of stainless steel
- 3.85% (714 thousand US$): 720429 - Waste & scrap of alloy steel other than stainless steel
- 0.396% (73 thousand US$): 720430 - Waste & scrap of tinned iron/steel
- 0.164% (30 thousand US$): 720410 - Waste & scrap of cast iron
- 0.163% (30 thousand US$): 720441 - Ferrous turnings, shavings, chips, milling waste, sawdust, filings, trimmings & stampings, whether or not in bundles
