2022
Exports
$89.9MWorld Rnk 12 / 172
Flag Rnk 140 / 1177
2022
PRODUCT COMPLEXITY IN Sewing Machines
0.71Rnk 275 / 1025
2022
Imports
$113MWorld Rnk 13 / 214
Flag Rnk 265 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $89.9M in Sewing Machines, making it the 12th largest exporter of Sewing Machines in the world. At the same year, Sewing Machines was the 140th most exported product in Hong Kong. The main destination of Sewing Machines exports from Hong Kong are: Bangladesh ($20.8M), India ($15.3M), Indonesia ($12.2M), China ($8.86M), and Vietnam ($7.8M).

The fastest growing export markets for Sewing Machines of Hong Kong between 2021 and 2022 were Indonesia ($4.37M), Burma ($2.45M), and Turkey ($2.06M).

Imports In 2022, Hong Kong imported $113M in Sewing Machines, becoming the 13th largest importer of Sewing Machines in the world. At the same year, Sewing Machines was the 265th most imported product in Hong Kong. Hong Kong imports Sewing Machines primarily from: Japan ($40.6M), China ($24.8M), Singapore ($20.4M), Vietnam ($17.9M), and Germany ($1.84M).

The fastest growing import markets in Sewing Machines for Hong Kong between 2021 and 2022 were Vietnam ($1.55M), South Korea ($457k), and United Kingdom ($307k).

COMPANIES In 2023, leading companies such as Brother Industries (50) were at the forefront of shipping Sewing Machines 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 Sewing Machines. 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)$89.9M
IMPORTS (2022)$113M
NET TRADE (2022)-$23.4M

In 2022, Hong Kong exported $89.9M in Sewing Machines. The main destinations of Hong Kong exports on Sewing Machines were Bangladesh ($20.8M), India ($15.3M), Indonesia ($12.2M), China ($8.86M), and Vietnam ($7.8M).

In 2022, Hong Kong imported $113M in Sewing Machines, mainly from Japan ($40.6M), China ($24.8M), Singapore ($20.4M), Vietnam ($17.9M), and Germany ($1.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sewing Machines EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Indonesia$4.37M (55.9%)
Burma$2.45M (3.6k%)
Turkey$2.06M (754%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sewing Machines BY Hong Kong WERE (2021 - 2022):
Bangladesh-$5.55M (-21%)
Vietnam-$2.96M (-27.5%)
Ethiopia-$2.63M (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Sewing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.25M
TOP IMPORT POTENTIALChina+ $20M

Sewing Machines’s highest export potential is China. With an export gap of $5.25M.   Sewing Machines’s highest import potential is China with an import gap of $20M.

See methodology.

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