2022
Exports
$22.6MWorld Rnk 41 / 210
Flag Rnk 319 / 1177
2022
PRODUCT COMPLEXITY IN Other Knit Garments
-1.33Rnk 917 / 1025
2022
Imports
$72.8MWorld Rnk 26 / 217
Flag Rnk 344 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $22.6M in Other Knit Garments, making it the 41st largest exporter of Other Knit Garments in the world. At the same year, Other Knit Garments was the 319th most exported product in Hong Kong. The main destination of Other Knit Garments exports from Hong Kong are: Malaysia ($3.11M), Italy ($2.68M), Netherlands ($1.82M), South Korea ($1.64M), and Singapore ($1.41M).

The fastest growing export markets for Other Knit Garments of Hong Kong between 2021 and 2022 were Malaysia ($1.59M), South Korea ($1.34M), and Singapore ($614k).

Imports In 2022, Hong Kong imported $72.8M in Other Knit Garments, becoming the 26th largest importer of Other Knit Garments in the world. At the same year, Other Knit Garments was the 344th most imported product in Hong Kong. Hong Kong imports Other Knit Garments primarily from: China ($20.2M), Spain ($7.59M), Jordan ($7.31M), Singapore ($5.66M), and Italy ($4.97M).

The fastest growing import markets in Other Knit Garments for Hong Kong between 2021 and 2022 were Singapore ($4.76M), Jordan ($2.9M), and France ($1.73M).

COMPANIES In 2023, leading companies such as Puma (2) and American Eagle Outfitters (1) were at the forefront of shipping Other Knit Garments from Hong Kong to the United States.

Latest Trends

Sep 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 Other Knit Garments. 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)$22.6M
IMPORTS (2022)$72.8M
NET TRADE (2022)-$50.2M

In 2022, Hong Kong exported $22.6M in Other Knit Garments. The main destinations of Hong Kong exports on Other Knit Garments were Malaysia ($3.11M), Italy ($2.68M), Netherlands ($1.82M), South Korea ($1.64M), and Singapore ($1.41M).

In 2022, Hong Kong imported $72.8M in Other Knit Garments, mainly from China ($20.2M), Spain ($7.59M), Jordan ($7.31M), Singapore ($5.66M), and Italy ($4.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Knit Garments EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Malaysia$1.59M (105%)
South Korea$1.34M (438%)
Singapore$614k (77.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Knit Garments BY Hong Kong WERE (2021 - 2022):
Saudi Arabia-$37.6M (-98.8%)
Italy-$2.15M (-44.6%)
Israel-$1.31M (-55.3%)

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 Knit Garments were:
In 2022, Hong Kong's main importing competitors in Other Knit Garments were:

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Trade Value of Other Knit Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.58M
TOP IMPORT POTENTIALChina+ $13.3M

Other Knit Garments’s highest export potential is United States. With an export gap of $1.58M.   Other Knit Garments’s highest import potential is China with an import gap of $13.3M.

See methodology.

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