2022
Exports
$118kWorld Rnk 55 / 133
Flag Rnk 1066 / 1177
2022
PRODUCT COMPLEXITY IN Felt Carpets
0.3Rnk 450 / 1025
2022
Imports
$503kWorld Rnk 71 / 196
Flag Rnk 1078 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $118k in Felt Carpets, making it the 55th largest exporter of Felt Carpets in the world. At the same year, Felt Carpets was the 1066th most exported product in Hong Kong. The main destination of Felt Carpets exports from Hong Kong are: Philippines ($46k), Denmark ($26.7k), Australia ($11.2k), Czechia ($10.2k), and Panama ($8.55k).

The fastest growing export markets for Felt Carpets of Hong Kong between 2021 and 2022 were Philippines ($46k), Australia ($11.2k), and Czechia ($10.2k).

Imports In 2022, Hong Kong imported $503k in Felt Carpets, becoming the 71st largest importer of Felt Carpets in the world. At the same year, Felt Carpets was the 1078th most imported product in Hong Kong. Hong Kong imports Felt Carpets primarily from: China ($246k), United States ($75k), France ($74.1k), Belgium ($49.6k), and Netherlands ($23.7k).

The fastest growing import markets in Felt Carpets for Hong Kong between 2021 and 2022 were France ($53.1k), United States ($34.3k), and Spain ($3.86k).

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 Felt Carpets. 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)$118k
IMPORTS (2022)$503k
NET TRADE (2022)-$385k

In 2022, Hong Kong exported $118k in Felt Carpets. The main destinations of Hong Kong exports on Felt Carpets were Philippines ($46k), Denmark ($26.7k), Australia ($11.2k), Czechia ($10.2k), and Panama ($8.55k).

In 2022, Hong Kong imported $503k in Felt Carpets, mainly from China ($246k), United States ($75k), France ($74.1k), Belgium ($49.6k), and Netherlands ($23.7k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Felt Carpets EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Philippines$46k (1%)
Australia$11.2k (1%)
Czechia$10.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Carpets BY Hong Kong WERE (2021 - 2022):
Jamaica-$66.2k (-100%)
United Kingdom-$55.4k (-100%)
Denmark-$29.6k (-52.5%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Felt Carpets were:
In 2022, Hong Kong's main importing competitors in Felt Carpets were:

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Trade Value of Felt Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.54k
TOP IMPORT POTENTIALChina+ $144k

Felt Carpets’s highest export potential is United States. With an export gap of $8.54k.   Felt Carpets’s highest import potential is China with an import gap of $144k.

See methodology.

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