2022
Exports
$2.55MWorld Rnk 40 / 183
Flag Rnk 756 / 1177
2022
PRODUCT COMPLEXITY IN Basketwork
-1.47Rnk 944 / 1025
2022
Imports
$24.5MWorld Rnk 18 / 216
Flag Rnk 536 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $2.55M in Basketwork, making it the 40th largest exporter of Basketwork in the world. At the same year, Basketwork was the 756th most exported product in Hong Kong. The main destination of Basketwork exports from Hong Kong are: Chinese Taipei ($528k), Israel ($493k), Netherlands ($404k), United Kingdom ($159k), and Australia ($92.7k).

The fastest growing export markets for Basketwork of Hong Kong between 2021 and 2022 were Israel ($314k), Netherlands ($274k), and Chinese Taipei ($193k).

Imports In 2022, Hong Kong imported $24.5M in Basketwork, becoming the 18th largest importer of Basketwork in the world. At the same year, Basketwork was the 536th most imported product in Hong Kong. Hong Kong imports Basketwork primarily from: China ($17.7M), Spain ($2.48M), Thailand ($1.72M), France ($962k), and Italy ($252k).

The fastest growing import markets in Basketwork for Hong Kong between 2021 and 2022 were China ($11.6M), Spain ($864k), and France ($602k).

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 Basketwork. 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)$2.55M
IMPORTS (2022)$24.5M
NET TRADE (2022)-$21.9M

In 2022, Hong Kong exported $2.55M in Basketwork. The main destinations of Hong Kong exports on Basketwork were Chinese Taipei ($528k), Israel ($493k), Netherlands ($404k), United Kingdom ($159k), and Australia ($92.7k).

In 2022, Hong Kong imported $24.5M in Basketwork, mainly from China ($17.7M), Spain ($2.48M), Thailand ($1.72M), France ($962k), and Italy ($252k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Israel$314k (175%)
Netherlands$274k (211%)
Chinese Taipei$193k (57.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Hong Kong WERE (2021 - 2022):
France-$142k (-74.8%)
United Kingdom-$131k (-45.2%)
Germany-$60.6k (-58.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $215k
TOP IMPORT POTENTIALChina+ $4.18M

Basketwork’s highest export potential is China. With an export gap of $215k.   Basketwork’s highest import potential is China with an import gap of $4.18M.

See methodology.

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