2023
Exports
$84.5kWorld Rnk 88 / 134
Flag Rnk 1063 / 1181
2023
PRODUCT COMPLEXITY IN Raw Cotton
-2.55Rnk 1021 / 1025
2023
Imports
$201MWorld Rnk 12 / 179
Flag Rnk 184 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $84.5k in Raw Cotton, making it the 88th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 1063rd most exported product in Hong Kong. The main destination of Raw Cotton exports from Hong Kong are: Philippines ($39.1k), China ($26.3k), Cambodia ($6.29k), Indonesia ($3.87k), and Guyana ($2.65k).

The fastest growing export markets for Raw Cotton of Hong Kong between 2022 and 2023 were Philippines ($33.2k), Cambodia ($6.29k), and Indonesia ($3.68k).

Imports In 2023, Hong Kong imported $201M in Raw Cotton, becoming the 12th largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 184th most imported product in Hong Kong. Hong Kong imports Raw Cotton primarily from: United States ($184M), Turkey ($11.5M), Mexico ($2.1M), Zambia ($1.13M), and Ethiopia ($811k).

The fastest growing import markets in Raw Cotton for Hong Kong between 2022 and 2023 were United States ($163M), Turkey ($10.8M), and Mexico ($2.1M).

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 Raw Cotton. 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)$84.5k
IMPORTS (2023)$201M
NET TRADE (2023)-$201M

In 2023, Hong Kong exported $84.5k in Raw Cotton. The main destinations of Hong Kong exports on Raw Cotton were Philippines ($39.1k), China ($26.3k), Cambodia ($6.29k), Indonesia ($3.87k), and Guyana ($2.65k).

In 2023, Hong Kong imported $201M in Raw Cotton, mainly from United States ($184M), Turkey ($11.5M), Mexico ($2.1M), Zambia ($1.13M), and Ethiopia ($811k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Philippines$33.2k (561%)
Cambodia$6.29k (1%)
Indonesia$3.68k (1.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Hong Kong WERE (2022 - 2023):
China-$8.34M (-99.7%)
India-$1.05M (-100%)
Sweden-$4.87k (-89.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.27M
TOP IMPORT POTENTIALBrazil+ $1.9M

Raw Cotton’s highest export potential is China. With an export gap of $7.27M.   Raw Cotton’s highest import potential is Brazil with an import gap of $1.9M.

See methodology.

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