2022
Exports
$7.08MWorld Rnk 13 / 98
Flag Rnk 554 / 1177
2022
PRODUCT COMPLEXITY IN Non-Retail Carded Wool Yarn
-0.16Rnk 600 / 1025
2022
Imports
$41.9MWorld Rnk 2 / 145
Flag Rnk 428 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $7.08M in Non-Retail Carded Wool Yarn, making it the 13th largest exporter of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 554th most exported product in Hong Kong. The main destination of Non-Retail Carded Wool Yarn exports from Hong Kong are: Macau ($3.64M), Bangladesh ($1.57M), Madagascar ($420k), China ($402k), and Vietnam ($314k).

The fastest growing export markets for Non-Retail Carded Wool Yarn of Hong Kong between 2021 and 2022 were Macau ($3.11M), Bangladesh ($637k), and Madagascar ($286k).

Imports In 2022, Hong Kong imported $41.9M in Non-Retail Carded Wool Yarn, becoming the 2nd largest importer of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 428th most imported product in Hong Kong. Hong Kong imports Non-Retail Carded Wool Yarn primarily from: Italy ($26.4M), China ($12.3M), United Kingdom ($1.05M), Chinese Taipei ($528k), and Germany ($387k).

The fastest growing import markets in Non-Retail Carded Wool Yarn for Hong Kong between 2021 and 2022 were Chinese Taipei ($518k), Germany ($206k), and Mauritius ($119k).

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 Non-Retail Carded Wool Yarn. 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)$7.08M
IMPORTS (2022)$41.9M
NET TRADE (2022)-$34.8M

In 2022, Hong Kong exported $7.08M in Non-Retail Carded Wool Yarn. The main destinations of Hong Kong exports on Non-Retail Carded Wool Yarn were Macau ($3.64M), Bangladesh ($1.57M), Madagascar ($420k), China ($402k), and Vietnam ($314k).

In 2022, Hong Kong imported $41.9M in Non-Retail Carded Wool Yarn, mainly from Italy ($26.4M), China ($12.3M), United Kingdom ($1.05M), Chinese Taipei ($528k), and Germany ($387k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Carded Wool Yarn EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Macau$3.11M (593%)
Bangladesh$637k (68.5%)
Madagascar$286k (213%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Carded Wool Yarn BY Hong Kong WERE (2021 - 2022):
China-$236k (-36.9%)
Nepal-$42k (-76.3%)
Thailand-$40.7k (-42%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Non-Retail Carded Wool Yarn were:
In 2022, Hong Kong's main importing competitors in Non-Retail Carded Wool Yarn were:

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Trade Value of Non-Retail Carded Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $60.8k
TOP IMPORT POTENTIALSouth Korea+ $110k

Non-Retail Carded Wool Yarn’s highest export potential is China. With an export gap of $60.8k.   Non-Retail Carded Wool Yarn’s highest import potential is South Korea with an import gap of $110k.

See methodology.

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