2022
Exports
$16.9MWorld Rnk 29 / 197
Flag Rnk 386 / 1177
2022
PRODUCT COMPLEXITY IN Other Headwear
0.5Rnk 367 / 1025
2022
Imports
$35.4MWorld Rnk 34 / 225
Flag Rnk 465 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $16.9M in Other Headwear, making it the 29th largest exporter of Other Headwear in the world. At the same year, Other Headwear was the 386th most exported product in Hong Kong. The main destination of Other Headwear exports from Hong Kong are: Germany ($2.66M), Denmark ($1.82M), Malaysia ($1.55M), United States ($1.34M), and United Kingdom ($1.22M).

The fastest growing export markets for Other Headwear of Hong Kong between 2021 and 2022 were Germany ($1.66M), Malaysia ($844k), and Romania ($605k).

Imports In 2022, Hong Kong imported $35.4M in Other Headwear, becoming the 34th largest importer of Other Headwear in the world. At the same year, Other Headwear was the 465th most imported product in Hong Kong. Hong Kong imports Other Headwear primarily from: Japan ($9.62M), Italy ($7.13M), China ($6.52M), Netherlands ($3.09M), and South Korea ($1.92M).

The fastest growing import markets in Other Headwear for Hong Kong between 2021 and 2022 were China ($2.92M), Japan ($1.15M), and Portugal ($239k).

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 Other Headwear. 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)$16.9M
IMPORTS (2022)$35.4M
NET TRADE (2022)-$18.5M

In 2022, Hong Kong exported $16.9M in Other Headwear. The main destinations of Hong Kong exports on Other Headwear were Germany ($2.66M), Denmark ($1.82M), Malaysia ($1.55M), United States ($1.34M), and United Kingdom ($1.22M).

In 2022, Hong Kong imported $35.4M in Other Headwear, mainly from Japan ($9.62M), Italy ($7.13M), China ($6.52M), Netherlands ($3.09M), and South Korea ($1.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Headwear EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Germany$1.66M (165%)
Malaysia$844k (119%)
Romania$605k (1.81k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Headwear BY Hong Kong WERE (2021 - 2022):
Netherlands-$1.21M (-62.8%)
Saudi Arabia-$1.12M (-99.5%)
United Kingdom-$978k (-44.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Other Headwear were:
China $2.77B
Italy $287M
In 2022, Hong Kong's main importing competitors in Other Headwear were:

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Trade Value of Other Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.11M
TOP IMPORT POTENTIALChina+ $7.22M

Other Headwear’s highest export potential is United States. With an export gap of $1.11M.   Other Headwear’s highest import potential is China with an import gap of $7.22M.

See methodology.

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