2022
Exports
$19.3MWorld Rnk 39 / 203
Flag Rnk 348 / 1177
2022
PRODUCT COMPLEXITY IN Other Wood Articles
-0.26Rnk 632 / 1025
2022
Imports
$88MWorld Rnk 23 / 225
Flag Rnk 314 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $19.3M in Other Wood Articles, making it the 39th largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 348th most exported product in Hong Kong. The main destination of Other Wood Articles exports from Hong Kong are: Netherlands ($9.5M), Japan ($1.44M), Brazil ($1.03M), United Kingdom ($1.01M), and Israel ($761k).

The fastest growing export markets for Other Wood Articles of Hong Kong between 2021 and 2022 were Japan ($654k), Norway ($456k), and Denmark ($387k).

Imports In 2022, Hong Kong imported $88M in Other Wood Articles, becoming the 23rd largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 314th most imported product in Hong Kong. Hong Kong imports Other Wood Articles primarily from: N/A.

The fastest growing import markets in Other Wood Articles for Hong Kong between 2021 and 2022 were China ($19.5M), Vietnam ($461k), and Czechia ($34.3k).

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 Wood Articles. 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)$19.3M
IMPORTS (2022)$88M
NET TRADE (2022)-$68.7M

In 2022, Hong Kong exported $19.3M in Other Wood Articles. The main destinations of Hong Kong exports on Other Wood Articles were Netherlands ($9.5M), Japan ($1.44M), Brazil ($1.03M), United Kingdom ($1.01M), and Israel ($761k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Japan$654k (83.6%)
Norway$456k (1.08k%)
Denmark$387k (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY Hong Kong WERE (2021 - 2022):
Netherlands-$6.59M (-41%)
Germany-$1.05M (-65.3%)
Russia-$412k (-87.9%)

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 Wood Articles were:
China $4.03B
In 2022, Hong Kong's main importing competitors in Other Wood Articles were:

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Trade Value of Other Wood Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1M
TOP IMPORT POTENTIALChina+ $12.9M

Other Wood Articles’s highest export potential is United States. With an export gap of $1M.   Other Wood Articles’s highest import potential is China with an import gap of $12.9M.

See methodology.

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