2022
Exports
$17.2MWorld Rnk 8 / 140
Flag Rnk 379 / 1177
2022
PRODUCT COMPLEXITY IN Ornamental Trimmings
-0.27Rnk 635 / 1025
2022
Imports
$7.11MWorld Rnk 20 / 201
Flag Rnk 769 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $17.2M in Ornamental Trimmings, making it the 8th largest exporter of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 379th most exported product in Hong Kong. The main destination of Ornamental Trimmings exports from Hong Kong are: Vietnam ($10.2M), India ($3.95M), Indonesia ($1.12M), Bangladesh ($306k), and Japan ($193k).

The fastest growing export markets for Ornamental Trimmings of Hong Kong between 2021 and 2022 were Belgium ($165k), Indonesia ($111k), and China ($97.9k).

Imports In 2022, Hong Kong imported $7.11M in Ornamental Trimmings, becoming the 20th largest importer of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 769th most imported product in Hong Kong. Hong Kong imports Ornamental Trimmings primarily from: China ($3.16M), Chinese Taipei ($2.39M), Vietnam ($424k), Italy ($388k), and India ($239k).

The fastest growing import markets in Ornamental Trimmings for Hong Kong between 2021 and 2022 were China ($249k), India ($224k), and Philippines ($17.2k).

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 Ornamental Trimmings. 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)$17.2M
IMPORTS (2022)$7.11M
NET TRADE (2022)$10.1M

In 2022, Hong Kong exported $17.2M in Ornamental Trimmings. The main destinations of Hong Kong exports on Ornamental Trimmings were Vietnam ($10.2M), India ($3.95M), Indonesia ($1.12M), Bangladesh ($306k), and Japan ($193k).

In 2022, Hong Kong imported $7.11M in Ornamental Trimmings, mainly from China ($3.16M), Chinese Taipei ($2.39M), Vietnam ($424k), Italy ($388k), and India ($239k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ornamental Trimmings EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Belgium$165k (330k%)
Indonesia$111k (11.1%)
China$97.9k (272%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ornamental Trimmings BY Hong Kong WERE (2021 - 2022):
Vietnam-$2.14M (-17.3%)
Cambodia-$1.71M (-96.3%)
Croatia-$699k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ornamental Trimmings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $216k
TOP IMPORT POTENTIALChina+ $810k

Ornamental Trimmings’s highest export potential is China. With an export gap of $216k.   Ornamental Trimmings’s highest import potential is China with an import gap of $810k.

See methodology.

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