2022
Exports
$150MWorld Rnk 52 / 220
Flag Rnk 100 / 1177
2022
PRODUCT COMPLEXITY IN Plastic Lids
-0.17Rnk 606 / 1025
2022
Imports
$465MWorld Rnk 32 / 225
Flag Rnk 102 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $150M in Plastic Lids, making it the 52nd largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 100th most exported product in Hong Kong. The main destination of Plastic Lids exports from Hong Kong are: United States ($18.9M), Philippines ($18.5M), United Kingdom ($10.8M), Indonesia ($7.64M), and Netherlands ($7.34M).

The fastest growing export markets for Plastic Lids of Hong Kong between 2021 and 2022 were Japan ($2.27M), Netherlands ($2.12M), and Germany ($1.33M).

Imports In 2022, Hong Kong imported $465M in Plastic Lids, becoming the 32nd largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 102nd most imported product in Hong Kong. Hong Kong imports Plastic Lids primarily from: China ($382M), Chinese Taipei ($20.6M), Japan ($11.6M), Singapore ($6.95M), and Malaysia ($5.91M).

The fastest growing import markets in Plastic Lids for Hong Kong between 2021 and 2022 were Singapore ($1.77M), Burma ($1.77M), and Romania ($284k).

COMPANIES In 2023, leading companies such as Linak (3), Cloud Network Technology (2), and ViewSonic (1) were at the forefront of shipping Plastic Lids 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 Plastic Lids. 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)$150M
IMPORTS (2022)$465M
NET TRADE (2022)-$315M

In 2022, Hong Kong exported $150M in Plastic Lids. The main destinations of Hong Kong exports on Plastic Lids were United States ($18.9M), Philippines ($18.5M), United Kingdom ($10.8M), Indonesia ($7.64M), and Netherlands ($7.34M).

In 2022, Hong Kong imported $465M in Plastic Lids, mainly from China ($382M), Chinese Taipei ($20.6M), Japan ($11.6M), Singapore ($6.95M), and Malaysia ($5.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Lids EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Japan$2.27M (744%)
Netherlands$2.12M (40.7%)
Germany$1.33M (56.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Lids BY Hong Kong WERE (2021 - 2022):
United Kingdom-$12.5M (-53.5%)
China-$7.39M (-65.1%)
Cambodia-$5.51M (-50.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Plastic Lids were:
In 2022, Hong Kong's main importing competitors in Plastic Lids were:

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Trade Value of Plastic Lids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.6M
TOP IMPORT POTENTIALChina+ $57.8M

Plastic Lids’s highest export potential is United States. With an export gap of $12.6M.   Plastic Lids’s highest import potential is China with an import gap of $57.8M.

See methodology.

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