2022
Exports
$3.27MWorld Rnk 25 / 175
Flag Rnk 719 / 1177
2022
PRODUCT COMPLEXITY IN Knotted Carpets
-1.05Rnk 848 / 1025
2022
Imports
$2.76MWorld Rnk 41 / 207
Flag Rnk 912 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $3.27M in Knotted Carpets, making it the 25th largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 719th most exported product in Hong Kong. The main destination of Knotted Carpets exports from Hong Kong are: Turkey ($1.32M), China ($444k), Macau ($284k), Chinese Taipei ($136k), and Cambodia ($133k).

The fastest growing export markets for Knotted Carpets of Hong Kong between 2021 and 2022 were Turkey ($1.32M), Macau ($281k), and Chinese Taipei ($136k).

Imports In 2022, Hong Kong imported $2.76M in Knotted Carpets, becoming the 41st largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 912th most imported product in Hong Kong. Hong Kong imports Knotted Carpets primarily from: China ($1.4M), Nepal ($241k), Italy ($178k), India ($146k), and France ($140k).

The fastest growing import markets in Knotted Carpets for Hong Kong between 2021 and 2022 were China ($563k), France ($130k), and Nepal ($118k).

Latest Trends

Sep 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 Knotted Carpets. 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)$3.27M
IMPORTS (2022)$2.76M
NET TRADE (2022)$515k

In 2022, Hong Kong exported $3.27M in Knotted Carpets. The main destinations of Hong Kong exports on Knotted Carpets were Turkey ($1.32M), China ($444k), Macau ($284k), Chinese Taipei ($136k), and Cambodia ($133k).

In 2022, Hong Kong imported $2.76M in Knotted Carpets, mainly from China ($1.4M), Nepal ($241k), Italy ($178k), India ($146k), and France ($140k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Turkey$1.32M (254k%)
Macau$281k (10.8k%)
Chinese Taipei$136k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY Hong Kong WERE (2021 - 2022):
United States-$172k (-86.5%)
Maldives-$155k (-97.1%)
Brazil-$92.4k (-49.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $186k
TOP IMPORT POTENTIALIndia+ $240k

Knotted Carpets’s highest export potential is China. With an export gap of $186k.   Knotted Carpets’s highest import potential is India with an import gap of $240k.

See methodology.

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