2022
Exports
$6.59MWorld Rnk 26 / 133
Flag Rnk 570 / 1177
2022
PRODUCT COMPLEXITY IN Felt
0.56Rnk 340 / 1025
2022
Imports
$11.7MWorld Rnk 32 / 206
Flag Rnk 682 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $6.59M in Felt, making it the 26th largest exporter of Felt in the world. At the same year, Felt was the 570th most exported product in Hong Kong. The main destination of Felt exports from Hong Kong are: China ($3.99M), Indonesia ($947k), Israel ($346k), India ($315k), and Bangladesh ($206k).

The fastest growing export markets for Felt of Hong Kong between 2021 and 2022 were China ($3.46M), Indonesia ($485k), and Israel ($137k).

Imports In 2022, Hong Kong imported $11.7M in Felt, becoming the 32nd largest importer of Felt in the world. At the same year, Felt was the 682nd most imported product in Hong Kong. Hong Kong imports Felt primarily from: Japan ($5.34M), Thailand ($3.82M), United States ($892k), China ($615k), and United Kingdom ($415k).

The fastest growing import markets in Felt for Hong Kong between 2021 and 2022 were Thailand ($3.81M), Japan ($751k), and United States ($609k).

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. 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)$6.59M
IMPORTS (2022)$11.7M
NET TRADE (2022)-$5.06M

In 2022, Hong Kong exported $6.59M in Felt. The main destinations of Hong Kong exports on Felt were China ($3.99M), Indonesia ($947k), Israel ($346k), India ($315k), and Bangladesh ($206k).

In 2022, Hong Kong imported $11.7M in Felt, mainly from Japan ($5.34M), Thailand ($3.82M), United States ($892k), China ($615k), and United Kingdom ($415k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$3.46M (654%)
Indonesia$485k (105%)
Israel$137k (65.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt BY Hong Kong WERE (2021 - 2022):
Malaysia-$257k (-78.5%)
Sri Lanka-$136k (-98.7%)
Thailand-$110k (-94.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Felt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $456k
TOP IMPORT POTENTIALChina+ $820k

Felt’s highest export potential is China. With an export gap of $456k.   Felt’s highest import potential is China with an import gap of $820k.

See methodology.

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