Hong Kong | Imports and Exports | World | Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 87 "Vehicles other than railway or tramway rolling stock, and parts and accessories thereof" from Hong Kong totalled $ 942 million in 2023. Sales of commodity group 87 from Hong Kong decreased by 5.6% in value terms compared to 2022. exports of commodity group 87 "Vehicles other than railway or tramway rolling stock, and parts and accessories thereof" decreased by $ 55 million (cumulative exports of commodity group 87 from Hong Kong amounted $998 million in 2022)
Exports of commodity group 87 "Vehicles other than railway or tramway rolling stock, and parts and accessories thereof" amounted to 0.163% of total exports from Hong Kong (cumulative merchandise exports from Hong Kong totalled $ 575 billion in 2023). The share of commodity group 87 in total exports from Hong Kong decreased by 0 p.p. compared to 2022 (it was 0.163% in 2022 and cumulative exports from Hong Kong were equal to $ 610 billion).
Where does Hong Kong export Vehicles other than railway or tramway rolling stock, and parts and accessories thereof?
Top export destinations of "Vehicles other than railway or tramway rolling stock, and parts and accessories thereof" from Hong Kong in 2023:
- China with a share of 28% (272 million US$)
- China, Macao SAR with a share of 22% (213 million US$)
- USA with a share of 5.04% (47 million US$)
- Mexico with a share of 4.89% (46 million US$)
- United Kingdom with a share of 4.26% (40 million US$)
- Singapore with a share of 3.25% (30 million US$)
- Thailand with a share of 2.88% (27 million US$)
- Other Asia, nes with a share of 2.73% (25 million US$)
- Japan with a share of 2.64% (24 million US$)
- France with a share of 2.18% (20 million US$)
Exports structure of 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof - from Hong Kong in 2023 represented by the following main commodity groups:
- 46% (440 million US$): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
- 30% (285 million US$): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
- 14% (132 million US$): 8714 - Parts and accessories of vehicles of headings 87.11 to 87.13
- 2.83% (26 million US$): 8711 - Motorcycles (including mopeds) and cycles fitted with an auxiliary motor, with or without side-cars; side-cars.
- 1.26% (11.9 million US$): 8704 - Motor vehicles for the transport of goods
- 0.894% (8.42 million US$): 8705 - Special purpose motor vehicles, other than those principally designed for the transport of persons or goods (for example, breakdown lorries, crane lorries, fire fighting vehicles, concrete-mixer lorries, road sweeper lorries, spraying lorries, mobile workshops, mobile radiological units)
- 0.773% (7.29 million US$): 8715 - Baby carriages and parts thereof
- 0.77% (7.26 million US$): 8702 - Motor vehicles for the transport of ten or more persons, including the driver
- 0.704% (6.63 million US$): 8706 - Chassis fitted with engines, for the motor vehicles of headings 87.01 to 87.05.
- 0.542% (5.11 million US$): 8716 - Trailers and semi-trailers; other vehicles, not mechanically propelled; parts thereof
The value of imports of commodity group 87 "Vehicles other than railway or tramway rolling stock, and parts and accessories thereof" to Hong Kong totalled $ 3.59 billion in 2023. Sales of commodity group 87 to Hong Kong went up by 15.9% compared to 2022: imports of commodity group 87 "Vehicles other than railway or tramway rolling stock, and parts and accessories thereof" went up by $ 494 million (the value of imports of commodity group 87 to Hong Kong was equal to $3.09 billion in 2022)
Imports of commodity group 87 "Vehicles other than railway or tramway rolling stock, and parts and accessories thereof" accounted for 0.548% of total import flow to Hong Kong (in 2023, total imports to Hong Kong amounted to $ 654 billion). The share of commodity group 87 in total imports to Hong Kong increased by 0.085 p.p. compared to 2022 (it was 0.463% in 2022 and cumulative imports to Hong Kong were equal to $ 668 billion).
Where does Hong Kong import Vehicles other than railway or tramway rolling stock, and parts and accessories thereof from?
Top trading partners (import of "Vehicles other than railway or tramway rolling stock, and parts and accessories thereof") of Hong Kong in 2023:
- China with a share of 34% (1.25 billion US$)
- Japan with a share of 19% (685 million US$)
- Germany with a share of 16.3% (588 million US$)
- Slovenia with a share of 5.03% (180 million US$)
- United Kingdom with a share of 3.87% (139 million US$)
- USA with a share of 3.68% (132 million US$)
- Korea with a share of 3.14% (112 million US$)
- Singapore with a share of 2.32% (83 million US$)
- Italy with a share of 1.73% (62 million US$)
- Belgium with a share of 1.21% (43 million US$)
Imports structure of 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof - to Hong Kong in 2023 represented by the following main commodity groups:
- 67% (2.42 billion US$): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
- 14.7% (528 million US$): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
- 4.03% (144 million US$): 8714 - Parts and accessories of vehicles of headings 87.11 to 87.13
- 3.97% (142 million US$): 8704 - Motor vehicles for the transport of goods
- 3.43% (123 million US$): 8702 - Motor vehicles for the transport of ten or more persons, including the driver
- 1.62% (58 million US$): 8711 - Motorcycles (including mopeds) and cycles fitted with an auxiliary motor, with or without side-cars; side-cars.
- 1.2% (43 million US$): 8705 - Special purpose motor vehicles, other than those principally designed for the transport of persons or goods (for example, breakdown lorries, crane lorries, fire fighting vehicles, concrete-mixer lorries, road sweeper lorries, spraying lorries, mobile workshops, mobile radiological units)
- 1.05% (37 million US$): 8701 - Tractors (other than tractors of heading 87.09)
- 0.626% (22 million US$): 8706 - Chassis fitted with engines, for the motor vehicles of headings 87.01 to 87.05.
- 0.575% (20 million US$): 8716 - Trailers and semi-trailers; other vehicles, not mechanically propelled; parts thereof
