2022
Exports
$186kWorld Rnk 37 / 92
Flag Rnk 1044 / 1177
2022
PRODUCT COMPLEXITY IN Artificial Textile Machinery
1.99Rnk 5 / 1025
2022
Imports
$380kWorld Rnk 76 / 168
Flag Rnk 1096 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $186k in Artificial Textile Machinery, making it the 37th largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1044th most exported product in Hong Kong. The main destination of Artificial Textile Machinery exports from Hong Kong are: Dominican Republic ($57.9k), China ($55.3k), Malaysia ($30.3k), Indonesia ($9.24k), and United Kingdom ($7.27k).

The fastest growing export markets for Artificial Textile Machinery of Hong Kong between 2021 and 2022 were Dominican Republic ($57.2k), China ($50.4k), and Malaysia ($30.3k).

Imports In 2022, Hong Kong imported $380k in Artificial Textile Machinery, becoming the 76th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1096th most imported product in Hong Kong. Hong Kong imports Artificial Textile Machinery primarily from: Japan ($152k), China ($137k), Italy ($69.1k), and South Korea ($21.8k).

The fastest growing import markets in Artificial Textile Machinery for Hong Kong between 2021 and 2022 were Japan ($108k), Italy ($69.1k), and China ($55.2k).

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 Artificial Textile Machinery. 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)$186k
IMPORTS (2022)$380k
NET TRADE (2022)-$194k

In 2022, Hong Kong exported $186k in Artificial Textile Machinery. The main destinations of Hong Kong exports on Artificial Textile Machinery were Dominican Republic ($57.9k), China ($55.3k), Malaysia ($30.3k), Indonesia ($9.24k), and United Kingdom ($7.27k).

In 2022, Hong Kong imported $380k in Artificial Textile Machinery, mainly from Japan ($152k), China ($137k), Italy ($69.1k), and South Korea ($21.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Dominican Republic$57.2k (8.31k%)
China$50.4k (1.02k%)
Malaysia$30.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Hong Kong WERE (2021 - 2022):
Russia-$491k (-100%)
India-$377k (-100%)
France-$29.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Artificial Textile Machinery were:
In 2022, Hong Kong's main importing competitors in Artificial Textile Machinery were:
China $489M
India $161M

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Trade Value of Artificial Textile Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $102k
TOP IMPORT POTENTIALChina+ $139k

Artificial Textile Machinery’s highest export potential is China. With an export gap of $102k.   Artificial Textile Machinery’s highest import potential is China with an import gap of $139k.

See methodology.

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