2022
Exports
$41.9MWorld Rnk 45 / 216
Flag Rnk 239 / 1177
2022
PRODUCT COMPLEXITY IN Plastic Housewares
-0.46Rnk 686 / 1025
2022
Imports
$273MWorld Rnk 23 / 223
Flag Rnk 160 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $41.9M in Plastic Housewares, making it the 45th largest exporter of Plastic Housewares in the world. At the same year, Plastic Housewares was the 239th most exported product in Hong Kong. The main destination of Plastic Housewares exports from Hong Kong are: United States ($7.43M), Netherlands ($4.73M), Israel ($4.43M), Brazil ($3.51M), and United Kingdom ($2.04M).

The fastest growing export markets for Plastic Housewares of Hong Kong between 2021 and 2022 were Netherlands ($3.29M), Hungary ($1.08M), and Trinidad and Tobago ($408k).

Imports In 2022, Hong Kong imported $273M in Plastic Housewares, becoming the 23rd largest importer of Plastic Housewares in the world. At the same year, Plastic Housewares was the 160th most imported product in Hong Kong. Hong Kong imports Plastic Housewares primarily from: China ($242M), Japan ($9.68M), Chinese Taipei ($3.67M), Thailand ($2.6M), and South Korea ($2.54M).

The fastest growing import markets in Plastic Housewares for Hong Kong between 2021 and 2022 were China ($22.9M), Canada ($681k), and Malaysia ($474k).

COMPANIES In 2023, leading companies such as Spencer Gifts (2) were at the forefront of shipping Plastic Housewares from Hong Kong to the United States.

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 Plastic Housewares. 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)$41.9M
IMPORTS (2022)$273M
NET TRADE (2022)-$231M

In 2022, Hong Kong exported $41.9M in Plastic Housewares. The main destinations of Hong Kong exports on Plastic Housewares were United States ($7.43M), Netherlands ($4.73M), Israel ($4.43M), Brazil ($3.51M), and United Kingdom ($2.04M).

In 2022, Hong Kong imported $273M in Plastic Housewares, mainly from China ($242M), Japan ($9.68M), Chinese Taipei ($3.67M), Thailand ($2.6M), and South Korea ($2.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Housewares EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Netherlands$3.29M (229%)
Hungary$1.08M (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Housewares BY Hong Kong WERE (2021 - 2022):
United Kingdom-$2.82M (-58%)
United States-$2.79M (-27.3%)
Germany-$2.61M (-67.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Plastic Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.7M
TOP IMPORT POTENTIALChina+ $62.4M

Plastic Housewares’s highest export potential is United States. With an export gap of $5.7M.   Plastic Housewares’s highest import potential is China with an import gap of $62.4M.

See methodology.

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