2023
Exports
$86.9MWorld Rnk 51 / 225
Flag Rnk 126 / 1181
2023
PRODUCT COMPLEXITY IN Knit T-shirts
-1.53Rnk 948 / 1025
2023
Imports
$920MWorld Rnk 11 / 225
Flag Rnk 56 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $86.9M in Knit T-shirts, making it the 51st largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 126th most exported product in Hong Kong. The main destination of Knit T-shirts exports from Hong Kong are: South Korea ($26.7M), Malaysia ($10.7M), Vietnam ($7.26M), Netherlands ($5.55M), and Israel ($5.33M).

The fastest growing export markets for Knit T-shirts of Hong Kong between 2022 and 2023 were South Korea ($25.9M), Vietnam ($7.24M), and Malaysia ($3.04M).

Imports In 2023, Hong Kong imported $920M in Knit T-shirts, becoming the 11th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 56th most imported product in Hong Kong. Hong Kong imports Knit T-shirts primarily from: China ($470M), Italy ($137M), France ($55.2M), Vietnam ($35.7M), and South Korea ($33.9M).

The fastest growing import markets in Knit T-shirts for Hong Kong between 2022 and 2023 were China ($186M), Italy ($16.8M), and France ($16.5M).

COMPANIES In 2024, leading companies such as ASOS (3), Cotton On (3), and Adidas (1) were at the forefront of shipping Knit T-shirts from Hong Kong to the United States.

Latest Trends

Dec 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 T-shirts. 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 (2023)$86.9M
IMPORTS (2023)$920M
NET TRADE (2023)-$833M

In 2023, Hong Kong exported $86.9M in Knit T-shirts. The main destinations of Hong Kong exports on Knit T-shirts were South Korea ($26.7M), Malaysia ($10.7M), Vietnam ($7.26M), Netherlands ($5.55M), and Israel ($5.33M).

In 2023, Hong Kong imported $920M in Knit T-shirts, mainly from China ($470M), Italy ($137M), France ($55.2M), Vietnam ($35.7M), and South Korea ($33.9M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
South Korea$25.9M (3.03k%)
Vietnam$7.24M (46.6k%)
Malaysia$3.04M (39.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Hong Kong WERE (2022 - 2023):
Mexico-$18.9M (-91.9%)
Israel-$13.7M (-72%)
India-$3.81M (-85.5%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Knit T-shirts were:
China $8.58B
Turkey $2.98B
In 2023, Hong Kong's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.11M
TOP IMPORT POTENTIALChina+ $55.1M

Knit T-shirts’s highest export potential is United States. With an export gap of $6.11M.   Knit T-shirts’s highest import potential is China with an import gap of $55.1M.

See methodology.

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