2022
Exports
$7.97MWorld Rnk 21 / 148
Flag Rnk 532 / 1177
2022
PRODUCT COMPLEXITY IN Woven Fabrics
0.3Rnk 447 / 1025
2022
Imports
$9.05MWorld Rnk 46 / 192
Flag Rnk 733 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $7.97M in Woven Fabrics, making it the 21st largest exporter of Woven Fabrics in the world. At the same year, Woven Fabrics was the 532nd most exported product in Hong Kong. The main destination of Woven Fabrics exports from Hong Kong are: China ($4.84M), India ($618k), Philippines ($428k), Bangladesh ($345k), and Indonesia ($321k).

The fastest growing export markets for Woven Fabrics of Hong Kong between 2021 and 2022 were China ($2.21M), Philippines ($308k), and India ($173k).

Imports In 2022, Hong Kong imported $9.05M in Woven Fabrics, becoming the 46th largest importer of Woven Fabrics in the world. At the same year, Woven Fabrics was the 733rd most imported product in Hong Kong. Hong Kong imports Woven Fabrics primarily from: China ($2.45M), Japan ($1.78M), United States ($891k), France ($773k), and Italy ($739k).

The fastest growing import markets in Woven Fabrics for Hong Kong between 2021 and 2022 were Germany ($306k), France ($274k), and Singapore ($146k).

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 Woven Fabrics. 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)$7.97M
IMPORTS (2022)$9.05M
NET TRADE (2022)-$1.07M

In 2022, Hong Kong exported $7.97M in Woven Fabrics. The main destinations of Hong Kong exports on Woven Fabrics were China ($4.84M), India ($618k), Philippines ($428k), Bangladesh ($345k), and Indonesia ($321k).

In 2022, Hong Kong imported $9.05M in Woven Fabrics, mainly from China ($2.45M), Japan ($1.78M), United States ($891k), France ($773k), and Italy ($739k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woven Fabrics EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$2.21M (84%)
Philippines$308k (257%)
India$173k (38.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woven Fabrics BY Hong Kong WERE (2021 - 2022):
Bangladesh-$771k (-69.1%)
Indonesia-$536k (-62.6%)
Nigeria-$210k (-70.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Woven Fabrics were:
China $1.14B
Italy $167M
In 2022, Hong Kong's main importing competitors in Woven Fabrics were:

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Trade Value of Woven Fabrics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBangladesh+ $188k
TOP IMPORT POTENTIALChina+ $2.06M

Woven Fabrics’s highest export potential is Bangladesh. With an export gap of $188k.   Woven Fabrics’s highest import potential is China with an import gap of $2.06M.

See methodology.

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