2022
Exports
$446MWorld Rnk 40 / 226
Flag Rnk 29 / 96
2022
PRODUCT COMPLEXITY IN Perfumery & cosmetics
0.49Rnk 370 / 1025
2022
Imports
$4.97BWorld Rnk 6 / 225
Flag Rnk 8 / 96
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $446M in Perfumery & cosmetics, making it the 40th largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 29th most exported product in Hong Kong. The main destination of Perfumery & cosmetics exports from Hong Kong are: China ($160M), Macau ($102M), Singapore ($25.9M), Malaysia ($19.2M), and United States ($15.6M).

The fastest growing export markets for Perfumery & cosmetics of Hong Kong between 2021 and 2022 were Philippines ($4.88M), United States ($3.11M), and Cambodia ($1.89M).

Imports In 2022, Hong Kong imported $4.97B in Perfumery & cosmetics, becoming the 6th largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 8th most imported product in Hong Kong. Hong Kong imports Perfumery & cosmetics primarily from: South Korea ($774M), Japan ($710M), Singapore ($704M), China ($692M), and France ($442M).

The fastest growing import markets in Perfumery & cosmetics for Hong Kong between 2021 and 2022 were Poland ($29M), India ($27.6M), and Switzerland ($26.4M).

COMPANIES In 2023, leading companies such as Walong Marketing (19) and John Deere (1) were at the forefront of shipping Perfumery & cosmetics from Hong Kong to the United States.

Latest Trends

Aug 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 Perfumery & cosmetics. 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)$446M
IMPORTS (2022)$4.97B
NET TRADE (2022)-$4.52B

In 2022, Hong Kong exported $446M in Perfumery & cosmetics. The main destinations of Hong Kong exports on Perfumery & cosmetics were China ($160M), Macau ($102M), Singapore ($25.9M), Malaysia ($19.2M), and United States ($15.6M).

In 2022, Hong Kong imported $4.97B in Perfumery & cosmetics, mainly from South Korea ($774M), Japan ($710M), Singapore ($704M), China ($692M), and France ($442M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Philippines$4.88M (176%)
United States$3.11M (24.8%)
Cambodia$1.89M (180%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY Hong Kong WERE (2021 - 2022):
Macau-$26.8M (-20.8%)
China-$25.1M (-13.6%)
India-$9.67M (-75.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Perfumery & cosmetics were:
In 2022, Hong Kong's main importing competitors in Perfumery & cosmetics were:

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $32.3M
TOP IMPORT POTENTIALChina+ $121M

Perfumery & cosmetics’s highest export potential is China. With an export gap of $32.3M.   Perfumery & cosmetics’s highest import potential is China with an import gap of $121M.

See methodology.

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