Japan’s imports from Hong Kong reflected a diverse range of products, showcasing the ongoing trade relationship between the two regions in 2023. The total value of imports from Hong Kong to Japan reached approximately $1.03 billion USD.
Major Categories of Imports
The imports from Hong Kong to Japan included various commodities, with significant contributions from the following categories:
- Commodities Not Specified According to Kind: $1.03 billion
- Pearls, Precious Stones, Metals, Coins: $158.86 million
- Fish, Crustaceans, Molluscs, Aquatic Invertebrates: $155.82 million
- Electrical and Electronic Equipment: $56.31 million
- Machinery, Nuclear Reactors, Boilers: $22.27 million
- Miscellaneous Edible Preparations: $15.48 million
- Copper: $7.14 million
- Plastics: $4.79 million
- Toys, Games, Sports Requisites: $4.24 million
- Works of Art, Collectors’ Pieces, and Antiques: $3.15 million
These figures indicate a robust trade relationship, with a variety of goods being exchanged, from precious metals to electronics and food products [1].
Trends and Observations
- Diverse Product Range: The variety of goods imported from Hong Kong highlights the multifaceted nature of the trade relationship, with significant contributions from both consumer goods and industrial products.
- Economic Impact: The imports from Hong Kong play a crucial role in Japan’s supply chain, particularly in sectors such as electronics and machinery, which are vital for Japan’s manufacturing industries.
Conclusion
The import relationship between Hong Kong and Japan in 2023 demonstrates a strong economic partnership, with a total import value of approximately $1.03 billion USD. The diversity of products exchanged underscores the importance of this trade relationship for both regions.
Learn more: