2022
Exports
$36.4MWorld Rnk 17 / 197
Flag Rnk 254 / 1177
2022
PRODUCT COMPLEXITY IN Party Decorations
-0.73Rnk 764 / 1025
2022
Imports
$26.5MWorld Rnk 44 / 221
Flag Rnk 524 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $36.4M in Party Decorations, making it the 17th largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 254th most exported product in Hong Kong. The main destination of Party Decorations exports from Hong Kong are: United States ($14.1M), Brazil ($3.82M), Indonesia ($2.49M), United Kingdom ($2.31M), and Germany ($1.54M).

The fastest growing export markets for Party Decorations of Hong Kong between 2021 and 2022 were United States ($3.8M), Indonesia ($1.05M), and France ($978k).

Imports In 2022, Hong Kong imported $26.5M in Party Decorations, becoming the 44th largest importer of Party Decorations in the world. At the same year, Party Decorations was the 524th most imported product in Hong Kong. Hong Kong imports Party Decorations primarily from: China ($18.7M), United States ($3M), United Kingdom ($1.85M), Italy ($455k), and Thailand ($383k).

The fastest growing import markets in Party Decorations for Hong Kong between 2021 and 2022 were United Kingdom ($1.54M), Vietnam ($194k), and United States ($190k).

COMPANIES In 2023, leading companies such as Cinmar (31) and Spencer Gifts (2) were at the forefront of shipping Party Decorations from Hong Kong to the United States.

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 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 (2022)$36.4M
IMPORTS (2022)$26.5M
NET TRADE (2022)$9.91M

In 2022, Hong Kong exported $36.4M in Party Decorations. The main destinations of Hong Kong exports on Party Decorations were United States ($14.1M), Brazil ($3.82M), Indonesia ($2.49M), United Kingdom ($2.31M), and Germany ($1.54M).

In 2022, Hong Kong imported $26.5M in Party Decorations, mainly from China ($18.7M), United States ($3M), United Kingdom ($1.85M), Italy ($455k), and Thailand ($383k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$3.8M (37%)
Indonesia$1.05M (72.8%)
France$978k (519%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Hong Kong WERE (2021 - 2022):
United Kingdom-$4.02M (-63.5%)
Netherlands-$3.15M (-70.3%)
Norway-$2.71M (-71%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Party Decorations were:
In 2022, 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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