2022
Exports
$142MWorld Rnk 46 / 223
Flag Rnk 101 / 1177
2022
PRODUCT COMPLEXITY IN Other Furniture
0.34Rnk 424 / 1025
2022
Imports
$1.2BWorld Rnk 20 / 225
Flag Rnk 49 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $142M in Other Furniture, making it the 46th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 101st most exported product in Hong Kong. The main destination of Other Furniture exports from Hong Kong are: United Kingdom ($46.4M), Israel ($22.2M), United States ($9.81M), Netherlands ($9.79M), and Denmark ($5.13M).

The fastest growing export markets for Other Furniture of Hong Kong between 2021 and 2022 were Netherlands ($3.11M), Denmark ($2.48M), and Japan ($1.15M).

Imports In 2022, Hong Kong imported $1.2B in Other Furniture, becoming the 20th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 49th most imported product in Hong Kong. Hong Kong imports Other Furniture primarily from: China ($1.07B), Italy ($55.5M), Germany ($9.62M), United States ($8.55M), and Japan ($7.71M).

The fastest growing import markets in Other Furniture for Hong Kong between 2021 and 2022 were China ($172M), United States ($1.97M), and Sweden ($467k).

COMPANIES In 2023, leading companies such as Rooms To Go (3), At Home Procurement (1), and Disney Cruise Line (1) were at the forefront of shipping Other Furniture from Hong Kong to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Other Furniture. 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)$142M
IMPORTS (2022)$1.2B
NET TRADE (2022)-$1.06B

In 2022, Hong Kong exported $142M in Other Furniture. The main destinations of Hong Kong exports on Other Furniture were United Kingdom ($46.4M), Israel ($22.2M), United States ($9.81M), Netherlands ($9.79M), and Denmark ($5.13M).

In 2022, Hong Kong imported $1.2B in Other Furniture, mainly from China ($1.07B), Italy ($55.5M), Germany ($9.62M), United States ($8.55M), and Japan ($7.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Netherlands$3.11M (46.5%)
Denmark$2.48M (93.6%)
Japan$1.15M (525%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Hong Kong WERE (2021 - 2022):
United Kingdom-$42.1M (-47.6%)
Israel-$10.1M (-31.1%)
Germany-$4.49M (-47.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Hong Kong's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.1M
TOP IMPORT POTENTIALChina+ $171M

Other Furniture’s highest export potential is United States. With an export gap of $14.1M.   Other Furniture’s highest import potential is China with an import gap of $171M.

See methodology.

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