2022
Exports
$27MWorld Rnk 39 / 190
Flag Rnk 295 / 1177
2022
PRODUCT COMPLEXITY IN Knit Men's Undergarments
-1.37Rnk 926 / 1025
2022
Imports
$52MWorld Rnk 35 / 217
Flag Rnk 398 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $27M in Knit Men's Undergarments, making it the 39th largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 295th most exported product in Hong Kong. The main destination of Knit Men's Undergarments exports from Hong Kong are: Japan ($5.52M), Netherlands ($3.12M), Chinese Taipei ($2.52M), Israel ($1.87M), and Mexico ($1.74M).

The fastest growing export markets for Knit Men's Undergarments of Hong Kong between 2021 and 2022 were Saudi Arabia ($619k), Netherlands ($574k), and United States ($331k).

Imports In 2022, Hong Kong imported $52M in Knit Men's Undergarments, becoming the 35th largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 398th most imported product in Hong Kong. Hong Kong imports Knit Men's Undergarments primarily from: China ($28M), Macau ($11.2M), Sri Lanka ($2.54M), Bangladesh ($1.94M), and Italy ($1.45M).

The fastest growing import markets in Knit Men's Undergarments for Hong Kong between 2021 and 2022 were India ($216k), Sri Lanka ($211k), and Hungary ($154k).

COMPANIES In 2023, leading companies such as American Eagle Outfitters (3) were at the forefront of shipping Knit Men's Undergarments 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 Knit Men's Undergarments. 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)$27M
IMPORTS (2022)$52M
NET TRADE (2022)-$25M

In 2022, Hong Kong exported $27M in Knit Men's Undergarments. The main destinations of Hong Kong exports on Knit Men's Undergarments were Japan ($5.52M), Netherlands ($3.12M), Chinese Taipei ($2.52M), Israel ($1.87M), and Mexico ($1.74M).

In 2022, Hong Kong imported $52M in Knit Men's Undergarments, mainly from China ($28M), Macau ($11.2M), Sri Lanka ($2.54M), Bangladesh ($1.94M), and Italy ($1.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Saudi Arabia$619k (417%)
Netherlands$574k (22.5%)
United States$331k (42.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Hong Kong WERE (2021 - 2022):
Japan-$6.96M (-55.8%)
Israel-$4.26M (-69.5%)
China-$1.58M (-55.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.46M
TOP IMPORT POTENTIALChina+ $10.2M

Knit Men's Undergarments’s highest export potential is United States. With an export gap of $1.46M.   Knit Men's Undergarments’s highest import potential is China with an import gap of $10.2M.

See methodology.

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