2022
Exports
$173MWorld Rnk 6 / 172
Flag Rnk 86 / 1177
2022
PRODUCT COMPLEXITY IN Narrow Woven Fabric
-0.052Rnk 562 / 1025
2022
Imports
$227MWorld Rnk 4 / 218
Flag Rnk 180 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $173M in Narrow Woven Fabric, making it the 6th largest exporter of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 86th most exported product in Hong Kong. The main destination of Narrow Woven Fabric exports from Hong Kong are: Bangladesh ($40.8M), Indonesia ($31.8M), Sri Lanka ($31.6M), India ($20.3M), and Cambodia ($9.87M).

The fastest growing export markets for Narrow Woven Fabric of Hong Kong between 2021 and 2022 were Burma ($2.03M), United States ($834k), and Morocco ($754k).

Imports In 2022, Hong Kong imported $227M in Narrow Woven Fabric, becoming the 4th largest importer of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 180th most imported product in Hong Kong. Hong Kong imports Narrow Woven Fabric primarily from: China ($206M), Japan ($4.33M), Chinese Taipei ($4.31M), United States ($2.68M), and South Korea ($1.99M).

The fastest growing import markets in Narrow Woven Fabric for Hong Kong between 2021 and 2022 were Japan ($2.45M), United States ($617k), and South Korea ($400k).

COMPANIES In 2023, leading companies such as Wistron (1) were at the forefront of shipping Narrow Woven Fabric from Hong Kong to the United States.

Latest Trends

Oct 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 Narrow Woven Fabric. 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)$173M
IMPORTS (2022)$227M
NET TRADE (2022)-$54.4M

In 2022, Hong Kong exported $173M in Narrow Woven Fabric. The main destinations of Hong Kong exports on Narrow Woven Fabric were Bangladesh ($40.8M), Indonesia ($31.8M), Sri Lanka ($31.6M), India ($20.3M), and Cambodia ($9.87M).

In 2022, Hong Kong imported $227M in Narrow Woven Fabric, mainly from China ($206M), Japan ($4.33M), Chinese Taipei ($4.31M), United States ($2.68M), and South Korea ($1.99M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Narrow Woven Fabric EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Burma$2.03M (196%)
United States$834k (295%)
Morocco$754k (58.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Narrow Woven Fabric BY Hong Kong WERE (2021 - 2022):
Bangladesh-$15.2M (-27.2%)
Sri Lanka-$12.5M (-28.4%)
Cambodia-$5.98M (-37.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Narrow Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $3.31M
TOP IMPORT POTENTIALVietnam+ $1.57M

Narrow Woven Fabric’s highest export potential is China. With an export gap of $3.31M.   Narrow Woven Fabric’s highest import potential is Vietnam with an import gap of $1.57M.

See methodology.

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