2022
Exports
$463MWorld Rnk 34 / 225
Flag Rnk 26 / 96
2022
PRODUCT COMPLEXITY IN Footwear
-0.49Rnk 696 / 1025
2022
Imports
$1.68BWorld Rnk 23 / 225
Flag Rnk 30 / 96
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $463M in Footwear, making it the 34th largest exporter of Footwear in the world. At the same year, Footwear was the 26th most exported product in Hong Kong. The main destination of Footwear exports from Hong Kong are: Israel ($41.4M), China ($40M), Netherlands ($37.2M), Macau ($31M), and United States ($29.7M).

The fastest growing export markets for Footwear of Hong Kong between 2021 and 2022 were Israel ($17.7M), China ($12.9M), and Colombia ($6.97M).

Imports In 2022, Hong Kong imported $1.68B in Footwear, becoming the 23rd largest importer of Footwear in the world. At the same year, Footwear was the 30th most imported product in Hong Kong. Hong Kong imports Footwear primarily from: China ($531M), France ($299M), Italy ($276M), Vietnam ($201M), and United States ($45.2M).

The fastest growing import markets in Footwear for Hong Kong between 2021 and 2022 were France ($59.6M), Vietnam ($44.8M), and United States ($13.7M).

COMPANIES In 2023, leading companies such as Adidas (13), ASOS (6), and Helly Hansen (4) were at the forefront of shipping Footwear from Hong Kong to the United States.

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 Footwear. 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)$463M
IMPORTS (2022)$1.68B
NET TRADE (2022)-$1.22B

In 2022, Hong Kong exported $463M in Footwear. The main destinations of Hong Kong exports on Footwear were Israel ($41.4M), China ($40M), Netherlands ($37.2M), Macau ($31M), and United States ($29.7M).

In 2022, Hong Kong imported $1.68B in Footwear, mainly from China ($531M), France ($299M), Italy ($276M), Vietnam ($201M), and United States ($45.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Israel$17.7M (74.5%)
China$12.9M (47.6%)
Colombia$6.97M (731%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear BY Hong Kong WERE (2021 - 2022):
Macau-$31M (-50%)
Germany-$20.1M (-51.7%)
Japan-$14.7M (-50.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Footwear were:
China $63.5B
Vietnam $27.2B
Italy $13.1B
In 2022, Hong Kong's main importing competitors in Footwear were:

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Trade Value of Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.2M
TOP IMPORT POTENTIALChina+ $308M

Footwear’s highest export potential is United States. With an export gap of $30.2M.   Footwear’s highest import potential is China with an import gap of $308M.

See methodology.

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