2023
Exports
$221MWorld Rnk 20 / 217
Flag Rnk 71 / 1181
2023
PRODUCT COMPLEXITY IN Sports Equipment
0.55Rnk 343 / 1025
2023
Imports
$669MWorld Rnk 14 / 225
Flag Rnk 74 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $221M in Sports Equipment, making it the 20th largest exporter of Sports Equipment in the world. At the same year, Sports Equipment was the 71st most exported product in Hong Kong. The main destination of Sports Equipment exports from Hong Kong are: Mexico ($115M), South Korea ($26.7M), China ($10.2M), Vietnam ($9.88M), and Netherlands ($8M).

The fastest growing export markets for Sports Equipment of Hong Kong between 2022 and 2023 were South Korea ($25.6M), Chinese Taipei ($2.09M), and Argentina ($689k).

Imports In 2023, Hong Kong imported $669M in Sports Equipment, becoming the 14th largest importer of Sports Equipment in the world. At the same year, Sports Equipment was the 74th most imported product in Hong Kong. Hong Kong imports Sports Equipment primarily from: China ($549M), Chinese Taipei ($29.4M), Japan ($19.1M), United States ($16.5M), and Vietnam ($15.7M).

The fastest growing import markets in Sports Equipment for Hong Kong between 2022 and 2023 were China ($255M), Singapore ($1.67M), and Hungary ($585k).

COMPANIES In 2024, leading companies such as Callaway Golf (37), John Deere (5), and Conair (1) were at the forefront of shipping Sports Equipment 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 Sports Equipment. 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)$221M
IMPORTS (2023)$669M
NET TRADE (2023)-$448M

In 2023, Hong Kong exported $221M in Sports Equipment. The main destinations of Hong Kong exports on Sports Equipment were Mexico ($115M), South Korea ($26.7M), China ($10.2M), Vietnam ($9.88M), and Netherlands ($8M).

In 2023, Hong Kong imported $669M in Sports Equipment, mainly from China ($549M), Chinese Taipei ($29.4M), Japan ($19.1M), United States ($16.5M), and Vietnam ($15.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sports Equipment EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
South Korea$25.6M (2.33k%)
Chinese Taipei$2.09M (60.1%)
Argentina$689k (393%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sports Equipment BY Hong Kong WERE (2022 - 2023):
China-$91.3M (-90%)
Japan-$63.2M (-95%)
Mexico-$37.3M (-24.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Sports Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.2M
TOP IMPORT POTENTIALChina+ $101M

Sports Equipment’s highest export potential is United States. With an export gap of $18.2M.   Sports Equipment’s highest import potential is China with an import gap of $101M.

See methodology.

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