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2022
Exports $5.12MWorld Rnk 41 / 179
Flag Rnk 630 / 1177
2022
Destination $346k United States
2021 - 2022
FASTEST GROWING MARKET $346kNetherlands
2022
PRODUCT COMPLEXITY IN Candles0.33Rnk 433 / 1025
2022
Imports $97.2MWorld Rnk 13 / 219
Flag Rnk 292 / 1207
2022
Origin $84M China
2021 - 2022
FASTEST GROWING ORIGIN $84MChina
2022
ECONOMIC COMPLEXITY of Hong Kong1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $5.12M in Candles, making it the 41st largest exporter of Candles in the world. At the same year, Candles was the 630th most exported product in Hong Kong. The main destination of Candles exports from Hong Kong are: United States ($1.13M), United Kingdom ($1.07M), Netherlands ($460k), Israel ($304k), and Republic of the Congo ($261k).

The fastest growing export markets for Candles of Hong Kong between 2021 and 2022 were Netherlands ($346k), United States ($279k), and Republic of the Congo ($234k).

Imports In 2022, Hong Kong imported $97.2M in Candles, becoming the 13th largest importer of Candles in the world. At the same year, Candles was the 292nd most imported product in Hong Kong. Hong Kong imports Candles primarily from: China ($87M), France ($3.87M), United States ($1.23M), United Kingdom ($854k), and Italy ($713k).

The fastest growing import markets in Candles for Hong Kong between 2021 and 2022 were China ($84M), Malaysia ($408k), and Switzerland ($131k).

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 Candles. 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)$5.12M
IMPORTS (2022)$97.2M
NET TRADE (2022)-$92.1M

In 2022, Hong Kong exported $5.12M in Candles. The main destinations of Hong Kong exports on Candles were United States ($1.13M), United Kingdom ($1.07M), Netherlands ($460k), Israel ($304k), and Republic of the Congo ($261k).

In 2022, Hong Kong imported $97.2M in Candles, mainly from China ($87M), France ($3.87M), United States ($1.23M), United Kingdom ($854k), and Italy ($713k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Netherlands$346k (302%)
United States$279k (33%)
Republic of the Congo$234k (875%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY Hong Kong WERE (2021 - 2022):
United Kingdom-$1.69M (-61.1%)
Malaysia-$268k (-97.7%)
Chinese Taipei-$144k (-88.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Candles were:
China $1.27B
Poland $987M
Vietnam $615M
In 2022, Hong Kong's main importing competitors in Candles were:
United States $1.08B
Germany $681M
United Kingdom $373M

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Trade Value of Candles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $733k
TOP IMPORT POTENTIALUnited States+ $865k

Candles’s highest export potential is United States. With an export gap of $733k.   Candles’s highest import potential is United States with an import gap of $865k.

See methodology.

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