2022
Exports
$37.1MWorld Rnk 35 / 218
Flag Rnk 74 / 96
2022
PRODUCT COMPLEXITY IN Headgear
0.5Rnk 367 / 1025
2022
Imports
$94.2MWorld Rnk 31 / 225
Flag Rnk 80 / 96
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $37.1M in Headgear, making it the 35th largest exporter of Headgear in the world. At the same year, Headgear was the 74th most exported product in Hong Kong. The main destination of Headgear exports from Hong Kong are: United States ($4.42M), Germany ($3.57M), United Kingdom ($3.56M), Netherlands ($3.26M), and Malaysia ($2.31M).

The fastest growing export markets for Headgear of Hong Kong between 2021 and 2022 were Germany ($1.91M), Brazil ($808k), and Malaysia ($640k).

Imports In 2022, Hong Kong imported $94.2M in Headgear, becoming the 31st largest importer of Headgear in the world. At the same year, Headgear was the 80th most imported product in Hong Kong. Hong Kong imports Headgear primarily from: China ($23.6M), Italy ($14M), Japan ($10.9M), France ($7.28M), and South Korea ($6.95M).

The fastest growing import markets in Headgear for Hong Kong between 2021 and 2022 were United Kingdom ($5.07M), China ($3.64M), and France ($2.05M).

COMPANIES In 2023, leading companies such as Gap (2) were at the forefront of shipping Headgear 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 Headgear. 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)$37.1M
IMPORTS (2022)$94.2M
NET TRADE (2022)-$57.1M

In 2022, Hong Kong exported $37.1M in Headgear. The main destinations of Hong Kong exports on Headgear were United States ($4.42M), Germany ($3.57M), United Kingdom ($3.56M), Netherlands ($3.26M), and Malaysia ($2.31M).

In 2022, Hong Kong imported $94.2M in Headgear, mainly from China ($23.6M), Italy ($14M), Japan ($10.9M), France ($7.28M), and South Korea ($6.95M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Headgear EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Germany$1.91M (115%)
Brazil$808k (80.4%)
Malaysia$640k (38.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Headgear BY Hong Kong WERE (2021 - 2022):
Netherlands-$1.46M (-31%)
Mexico-$1.28M (-89.6%)
Saudi Arabia-$1M (-83.4%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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

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Trade Value of Headgear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.15M
TOP IMPORT POTENTIALChina+ $20.3M

Headgear’s highest export potential is United States. With an export gap of $3.15M.   Headgear’s highest import potential is China with an import gap of $20.3M.

See methodology.

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