2022
Exports
$25.5MWorld Rnk 23 / 146
Flag Rnk 303 / 1177
2022
PRODUCT COMPLEXITY IN Other Synthetic Fabrics
-0.22Rnk 620 / 1025
2022
Imports
$24.3MWorld Rnk 41 / 198
Flag Rnk 538 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $25.5M in Other Synthetic Fabrics, making it the 23rd largest exporter of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 303rd most exported product in Hong Kong. The main destination of Other Synthetic Fabrics exports from Hong Kong are: Cambodia ($10.9M), Indonesia ($6.51M), China ($3.03M), Vietnam ($822k), and Fiji ($799k).

The fastest growing export markets for Other Synthetic Fabrics of Hong Kong between 2021 and 2022 were Indonesia ($860k), Fiji ($308k), and Georgia ($256k).

Imports In 2022, Hong Kong imported $24.3M in Other Synthetic Fabrics, becoming the 41st largest importer of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 538th most imported product in Hong Kong. Hong Kong imports Other Synthetic Fabrics primarily from: Portugal ($8.44M), Chinese Taipei ($4.89M), Italy ($3.64M), China ($2.02M), and Turkey ($1.41M).

The fastest growing import markets in Other Synthetic Fabrics for Hong Kong between 2021 and 2022 were Portugal ($5.46M), Chinese Taipei ($3.99M), and Turkey ($718k).

COMPANIES In 2023, leading companies such as David's Bridal (58), Guess Clothing (2), and Michael Kors (2) were at the forefront of shipping Other Synthetic Fabrics from Hong Kong to the United States.

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 Other Synthetic Fabrics. 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)$25.5M
IMPORTS (2022)$24.3M
NET TRADE (2022)$1.22M

In 2022, Hong Kong exported $25.5M in Other Synthetic Fabrics. The main destinations of Hong Kong exports on Other Synthetic Fabrics were Cambodia ($10.9M), Indonesia ($6.51M), China ($3.03M), Vietnam ($822k), and Fiji ($799k).

In 2022, Hong Kong imported $24.3M in Other Synthetic Fabrics, mainly from Portugal ($8.44M), Chinese Taipei ($4.89M), Italy ($3.64M), China ($2.02M), and Turkey ($1.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Synthetic Fabrics EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Indonesia$860k (15.2%)
Fiji$308k (62.8%)
Georgia$256k (300%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Synthetic Fabrics BY Hong Kong WERE (2021 - 2022):
Cambodia-$8.29M (-43.2%)
China-$1.13M (-27.1%)
Tanzania-$406k (-68.2%)

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 Synthetic Fabrics were:
China $1.73B
India $400M
In 2022, Hong Kong's main importing competitors in Other Synthetic Fabrics were:

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Trade Value of Other Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.53M
TOP IMPORT POTENTIALChina+ $2.77M

Other Synthetic Fabrics’s highest export potential is China. With an export gap of $1.53M.   Other Synthetic Fabrics’s highest import potential is China with an import gap of $2.77M.

See methodology.

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