2023
Exports
$887kWorld Rnk 34 / 168
Flag Rnk 875 / 1181
2023
PRODUCT COMPLEXITY IN Knotted Carpets
-1.01Rnk 829 / 1025
2023
Imports
$2.08MWorld Rnk 47 / 210
Flag Rnk 931 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $887k in Knotted Carpets, making it the 34th largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 875th most exported product in Hong Kong. The main destination of Knotted Carpets exports from Hong Kong are: China ($355k), Brazil ($161k), Macau ($95.6k), New Zealand ($57.2k), and Australia ($47.1k).

The fastest growing export markets for Knotted Carpets of Hong Kong between 2022 and 2023 were Brazil ($62.8k), New Zealand ($55k), and United Kingdom ($25.7k).

Imports In 2023, Hong Kong imported $2.08M in Knotted Carpets, becoming the 47th largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 931st most imported product in Hong Kong. Hong Kong imports Knotted Carpets primarily from: China ($773k), United Arab Emirates ($226k), India ($205k), Italy ($157k), and United States ($148k).

The fastest growing import markets in Knotted Carpets for Hong Kong between 2022 and 2023 were United Arab Emirates ($188k), United States ($118k), and India ($98.5k).

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 Knotted Carpets. 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)$887k
IMPORTS (2023)$2.08M
NET TRADE (2023)-$1.2M

In 2023, Hong Kong exported $887k in Knotted Carpets. The main destinations of Hong Kong exports on Knotted Carpets were China ($355k), Brazil ($161k), Macau ($95.6k), New Zealand ($57.2k), and Australia ($47.1k).

In 2023, Hong Kong imported $2.08M in Knotted Carpets, mainly from China ($773k), United Arab Emirates ($226k), India ($205k), Italy ($157k), and United States ($148k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Brazil$62.8k (63.9%)
New Zealand$55k (2.5k%)
United Kingdom$25.7k (178%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY Hong Kong WERE (2022 - 2023):
Turkey-$1.32M (-100%)
Macau-$188k (-66.3%)
Cambodia-$133k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $186k
TOP IMPORT POTENTIALIndia+ $240k

Knotted Carpets’s highest export potential is China. With an export gap of $186k.   Knotted Carpets’s highest import potential is India with an import gap of $240k.

See methodology.

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