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2022
Exports $241MWorld Rnk 29 / 216
Flag Rnk 66 / 1177
2022
Destination $2.97M China
2021 - 2022
FASTEST GROWING MARKET $2.97MUnited States
2022
PRODUCT COMPLEXITY IN Beauty Products0.42Rnk 400 / 1025
2022
Imports $3.78BWorld Rnk 3 / 223
Flag Rnk 17 / 1207
2022
Origin $30M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $30MPoland
2022
ECONOMIC COMPLEXITY of Hong Kong1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $241M in Beauty Products, making it the 29th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 66th most exported product in Hong Kong. The main destination of Beauty Products exports from Hong Kong are: China ($92.1M), Macau ($82.3M), Singapore ($10.4M), United States ($8.82M), and Malaysia ($6.25M).

The fastest growing export markets for Beauty Products of Hong Kong between 2021 and 2022 were United States ($2.97M), France ($1.85M), and Brazil ($1.64M).

Imports In 2022, Hong Kong imported $3.78B in Beauty Products, becoming the 3rd largest importer of Beauty Products in the world. At the same year, Beauty Products was the 17th most imported product in Hong Kong. Hong Kong imports Beauty Products primarily from: South Korea ($722M), Japan ($634M), Singapore ($601M), France ($360M), and China ($335M).

The fastest growing import markets in Beauty Products for Hong Kong between 2021 and 2022 were Poland ($30M), Switzerland ($26.1M), and Finland ($2.95M).

COMPANIES In 2023, leading companies such as John Deere (1) were at the forefront of shipping Beauty Products 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 Beauty Products. 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)$241M
IMPORTS (2022)$3.78B
NET TRADE (2022)-$3.54B

In 2022, Hong Kong exported $241M in Beauty Products. The main destinations of Hong Kong exports on Beauty Products were China ($92.1M), Macau ($82.3M), Singapore ($10.4M), United States ($8.82M), and Malaysia ($6.25M).

In 2022, Hong Kong imported $3.78B in Beauty Products, mainly from South Korea ($722M), Japan ($634M), Singapore ($601M), France ($360M), and China ($335M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$2.97M (50.7%)
France$1.85M (185%)
Brazil$1.64M (2.56k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY Hong Kong WERE (2021 - 2022):
Macau-$22.3M (-21.3%)
China-$13M (-12.4%)
Singapore-$5.83M (-35.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Beauty Products were:
France $10.8B
South Korea $7.09B
United States $6.02B
In 2022, Hong Kong's main importing competitors in Beauty Products were:
China $11.1B
United States $5.77B

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $18.5M
TOP IMPORT POTENTIALChina+ $98.9M

Beauty Products’s highest export potential is China. With an export gap of $18.5M.   Beauty Products’s highest import potential is China with an import gap of $98.9M.

See methodology.

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