2022
Exports
$5.04MWorld Rnk 22 / 138
Flag Rnk 91 / 96
2022
PRODUCT COMPLEXITY IN Silk
0.43Rnk 394 / 1025
2022
Imports
$32.2MWorld Rnk 15 / 196
Flag Rnk 88 / 96
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

The fastest growing export markets for Silk of Hong Kong between 2021 and 2022 were India ($789k), Nigeria ($203k), and United States ($57.4k).

Imports In 2022, Hong Kong imported $32.2M in Silk, becoming the 15th largest importer of Silk in the world. At the same year, Silk was the 88th most imported product in Hong Kong. Hong Kong imports Silk primarily from: China ($24.4M), Italy ($4.62M), South Korea ($1.72M), Japan ($725k), and United Kingdom ($155k).

The fastest growing import markets in Silk for Hong Kong between 2021 and 2022 were Italy ($859k), Belgium ($32.1k), and Australia ($23.7k).

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 Silk. 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)$5.04M
IMPORTS (2022)$32.2M
NET TRADE (2022)-$27.2M

In 2022, Hong Kong imported $32.2M in Silk, mainly from China ($24.4M), Italy ($4.62M), South Korea ($1.72M), Japan ($725k), and United Kingdom ($155k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
India$789k (691%)
Nigeria$203k (278%)
United States$57.4k (200%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk BY Hong Kong WERE (2021 - 2022):
China-$650k (-24.7%)
Cambodia-$511k (-34.1%)
Morocco-$65.2k (-93.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Silk were:
In 2022, Hong Kong's main importing competitors in Silk were:
Italy $323M
India $305M

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Trade Value of Silk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $168k
N/AN/AN/A

Silk’s highest export potential is India. With an export gap of $168k.   Silk’s highest import potential is N/A with an import gap of N/A.

See methodology.

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