2022
Exports
$9.44MWorld Rnk 46 / 133
Flag Rnk 489 / 1177
2022
PRODUCT COMPLEXITY IN Raw Cotton
-2.57Rnk 1022 / 1025
2022
Imports
$30.6MWorld Rnk 38 / 183
Flag Rnk 491 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $9.44M in Raw Cotton, making it the 46th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 489th most exported product in Hong Kong. The main destination of Raw Cotton exports from Hong Kong are: China ($8.36M), India ($1.05M), Philippines ($5.56k), Sweden ($4.98k), and United States ($4.71k).

The fastest growing export markets for Raw Cotton of Hong Kong between 2021 and 2022 were China ($7.9M), India ($1.05M), and Sweden ($4.98k).

Imports In 2022, Hong Kong imported $30.6M in Raw Cotton, becoming the 38th largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 491st most imported product in Hong Kong. Hong Kong imports Raw Cotton primarily from: United States ($21.1M), Brazil ($8.83M), Turkey ($638k), Italy ($30.6k), and Indonesia ($1.58k).

The fastest growing import markets in Raw Cotton for Hong Kong between 2021 and 2022 were United States ($9.54M), Brazil ($8.13M), and Turkey ($605k).

COMPANIES In 2023, leading companies such as Giorgio Armani (1) were at the forefront of shipping Raw Cotton 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 Raw Cotton. 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)$9.44M
IMPORTS (2022)$30.6M
NET TRADE (2022)-$21.2M

In 2022, Hong Kong exported $9.44M in Raw Cotton. The main destinations of Hong Kong exports on Raw Cotton were China ($8.36M), India ($1.05M), Philippines ($5.56k), Sweden ($4.98k), and United States ($4.71k).

In 2022, Hong Kong imported $30.6M in Raw Cotton, mainly from United States ($21.1M), Brazil ($8.83M), Turkey ($638k), Italy ($30.6k), and Indonesia ($1.58k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$7.9M (1.71k%)
India$1.05M (1%)
Sweden$4.98k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Hong Kong WERE (2021 - 2022):
Indonesia-$165k (-99.9%)
Guyana-$11.6k (-100%)
Philippines-$11.1k (-66.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.27M
TOP IMPORT POTENTIALBrazil+ $1.9M

Raw Cotton’s highest export potential is China. With an export gap of $7.27M.   Raw Cotton’s highest import potential is Brazil with an import gap of $1.9M.

See methodology.

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