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Exports In 2022, Hong Kong exported $3.52M in Iron Sewing Needles, making it the 15th largest exporter of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 700th most exported product in Hong Kong. The main destination of Iron Sewing Needles exports from Hong Kong are: India ($602k), Cambodia ($471k), Indonesia ($438k), Malaysia ($397k), and Philippines ($310k).

The fastest growing export markets for Iron Sewing Needles of Hong Kong between 2021 and 2022 were Indonesia ($250k), Cambodia ($242k), and India ($209k).

Imports In 2022, Hong Kong imported $3.4M in Iron Sewing Needles, becoming the 26th largest importer of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 886th most imported product in Hong Kong. Hong Kong imports Iron Sewing Needles primarily from: China ($1.67M), Malaysia ($429k), Chinese Taipei ($400k), Singapore ($276k), and Japan ($262k).

The fastest growing import markets in Iron Sewing Needles for Hong Kong between 2021 and 2022 were China ($554k), Malaysia ($95.2k), and Chinese Taipei ($29k).

Latest Trends

Oct 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 Iron Sewing Needles. 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)$3.52M
IMPORTS (2022)$3.4M
NET TRADE (2022)$116k

In 2022, Hong Kong exported $3.52M in Iron Sewing Needles. The main destinations of Hong Kong exports on Iron Sewing Needles were India ($602k), Cambodia ($471k), Indonesia ($438k), Malaysia ($397k), and Philippines ($310k).

In 2022, Hong Kong imported $3.4M in Iron Sewing Needles, mainly from China ($1.67M), Malaysia ($429k), Chinese Taipei ($400k), Singapore ($276k), and Japan ($262k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Sewing Needles EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Indonesia$250k (133%)
Cambodia$242k (105%)
India$209k (53.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Sewing Needles BY Hong Kong WERE (2021 - 2022):
China-$323k (-95%)
Philippines-$306k (-49.7%)
Malaysia-$244k (-38.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, Hong Kong's main exporting competitors in Iron Sewing Needles were:
In 2022, Hong Kong's main importing competitors in Iron Sewing Needles were:

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Trade Value of Iron Sewing Needles by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $112k
TOP IMPORT POTENTIALChina+ $751k

Iron Sewing Needles’s highest export potential is India. With an export gap of $112k.   Iron Sewing Needles’s highest import potential is China with an import gap of $751k.

See methodology.

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