2023
Exports
$27.4MWorld Rnk 18 / 201
Flag Rnk 268 / 1181
2023
PRODUCT COMPLEXITY IN Party Decorations
-1.05Rnk 843 / 1025
2023
Imports
$27.5MWorld Rnk 39 / 222
Flag Rnk 481 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $27.4M in Party Decorations, making it the 18th largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 268th most exported product in Hong Kong. The main destination of Party Decorations exports from Hong Kong are: United States ($11.3M), Brazil ($2.71M), Netherlands ($1.69M), Indonesia ($1.69M), and United Kingdom ($1.32M).

The fastest growing export markets for Party Decorations of Hong Kong between 2022 and 2023 were Canada ($416k), Netherlands ($358k), and Uruguay ($205k).

Imports In 2023, Hong Kong imported $27.5M in Party Decorations, becoming the 39th largest importer of Party Decorations in the world. At the same year, Party Decorations was the 481st most imported product in Hong Kong. Hong Kong imports Party Decorations primarily from: China ($22.5M), United States ($1.35M), United Kingdom ($1.04M), Japan ($957k), and Malaysia ($339k).

The fastest growing import markets in Party Decorations for Hong Kong between 2022 and 2023 were China ($4.15M), United States ($335k), and Switzerland ($253k).

COMPANIES In 2024, leading companies such as Chiquita (1) were at the forefront of shipping Party Decorations 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 Party Decorations. 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)$27.4M
IMPORTS (2023)$27.5M
NET TRADE (2023)-$134k

In 2023, Hong Kong exported $27.4M in Party Decorations. The main destinations of Hong Kong exports on Party Decorations were United States ($11.3M), Brazil ($2.71M), Netherlands ($1.69M), Indonesia ($1.69M), and United Kingdom ($1.32M).

In 2023, Hong Kong imported $27.5M in Party Decorations, mainly from China ($22.5M), United States ($1.35M), United Kingdom ($1.04M), Japan ($957k), and Malaysia ($339k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Canada$416k (85.4%)
Netherlands$358k (26.9%)
Uruguay$205k (42.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Hong Kong WERE (2022 - 2023):
United States-$2.81M (-20%)
Brazil-$1.13M (-29.4%)
United Kingdom-$991k (-42.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Party Decorations were:
In 2023, Hong Kong's main importing competitors in Party Decorations were:

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.66M
TOP IMPORT POTENTIALChina+ $13.3M

Party Decorations’s highest export potential is United States. With an export gap of $4.66M.   Party Decorations’s highest import potential is China with an import gap of $13.3M.

See methodology.

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