2022
Exports
$56.2MWorld Rnk 17 / 195
Flag Rnk 194 / 1177
2022
PRODUCT COMPLEXITY IN Rubber Apparel
-0.51Rnk 706 / 1025
2022
Imports
$84.6MWorld Rnk 26 / 221
Flag Rnk 324 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $56.2M in Rubber Apparel, making it the 17th largest exporter of Rubber Apparel in the world. At the same year, Rubber Apparel was the 194th most exported product in Hong Kong. The main destination of Rubber Apparel exports from Hong Kong are: United Kingdom ($23.2M), United States ($7.36M), Spain ($4.5M), Netherlands ($2.62M), and Germany ($2.49M).

The fastest growing export markets for Rubber Apparel of Hong Kong between 2021 and 2022 were United States ($4.54M), Spain ($2.11M), and Netherlands ($2.08M).

Imports In 2022, Hong Kong imported $84.6M in Rubber Apparel, becoming the 26th largest importer of Rubber Apparel in the world. At the same year, Rubber Apparel was the 324th most imported product in Hong Kong. Hong Kong imports Rubber Apparel primarily from: Malaysia ($50.7M), China ($29.1M), Thailand ($1.27M), United Kingdom ($546k), and United States ($352k).

The fastest growing import markets in Rubber Apparel for Hong Kong between 2021 and 2022 were China ($18.5M), Lithuania ($211k), and France ($148k).

Latest Trends

Sep 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 Rubber Apparel. 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)$56.2M
IMPORTS (2022)$84.6M
NET TRADE (2022)-$28.4M

In 2022, Hong Kong exported $56.2M in Rubber Apparel. The main destinations of Hong Kong exports on Rubber Apparel were United Kingdom ($23.2M), United States ($7.36M), Spain ($4.5M), Netherlands ($2.62M), and Germany ($2.49M).

In 2022, Hong Kong imported $84.6M in Rubber Apparel, mainly from Malaysia ($50.7M), China ($29.1M), Thailand ($1.27M), United Kingdom ($546k), and United States ($352k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Apparel EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$4.54M (162%)
Spain$2.11M (88.5%)
Netherlands$2.08M (391%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Apparel BY Hong Kong WERE (2021 - 2022):
Hungary-$12.6M (-94.2%)
Germany-$4.59M (-64.8%)
Canada-$2.54M (-82.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Rubber Apparel were:
China $2.17B
In 2022, Hong Kong's main importing competitors in Rubber Apparel were:

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Trade Value of Rubber Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.14M
TOP IMPORT POTENTIALChina+ $15.1M

Rubber Apparel’s highest export potential is United States. With an export gap of $4.14M.   Rubber Apparel’s highest import potential is China with an import gap of $15.1M.

See methodology.

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