2022
Exports
$328kWorld Rnk 29 / 111
Flag Rnk 995 / 1177
2022
PRODUCT COMPLEXITY IN Rubber Thread
0.38Rnk 414 / 1025
2022
Imports
$3.01MWorld Rnk 38 / 194
Flag Rnk 904 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $328k in Rubber Thread, making it the 29th largest exporter of Rubber Thread in the world. At the same year, Rubber Thread was the 995th most exported product in Hong Kong. The main destination of Rubber Thread exports from Hong Kong are: Brazil ($89.7k), United States ($65.4k), China ($62k), Vietnam ($29.3k), and Indonesia ($22.5k).

The fastest growing export markets for Rubber Thread of Hong Kong between 2021 and 2022 were Vietnam ($18.6k), Indonesia ($18.3k), and Netherlands ($9k).

Imports In 2022, Hong Kong imported $3.01M in Rubber Thread, becoming the 38th largest importer of Rubber Thread in the world. At the same year, Rubber Thread was the 904th most imported product in Hong Kong. Hong Kong imports Rubber Thread primarily from: Thailand ($1.13M), Japan ($717k), China ($624k), India ($267k), and Malaysia ($259k).

The fastest growing import markets in Rubber Thread for Hong Kong between 2021 and 2022 were Japan ($696k), China ($324k), and South Korea ($1.92k).

COMPANIES In 2023, leading companies such as Cloud Network Technology (29) and Robert Bosch (4) were at the forefront of shipping Rubber Thread 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 Rubber Thread. 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)$328k
IMPORTS (2022)$3.01M
NET TRADE (2022)-$2.68M

In 2022, Hong Kong exported $328k in Rubber Thread. The main destinations of Hong Kong exports on Rubber Thread were Brazil ($89.7k), United States ($65.4k), China ($62k), Vietnam ($29.3k), and Indonesia ($22.5k).

In 2022, Hong Kong imported $3.01M in Rubber Thread, mainly from Thailand ($1.13M), Japan ($717k), China ($624k), India ($267k), and Malaysia ($259k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Thread EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Vietnam$18.6k (173%)
Indonesia$18.3k (436%)
Netherlands$9k (1.28k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Thread BY Hong Kong WERE (2021 - 2022):
China-$69.8k (-53%)
Brazil-$69.4k (-43.6%)
United Kingdom-$14.1k (-67.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $49.3k
TOP IMPORT POTENTIALChina+ $392k

Rubber Thread’s highest export potential is China. With an export gap of $49.3k.   Rubber Thread’s highest import potential is China with an import gap of $392k.

See methodology.

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