2022
Exports
$8.18MWorld Rnk 22 / 174
Flag Rnk 525 / 1177
2022
PRODUCT COMPLEXITY IN Umbrellas
-0.043Rnk 560 / 1025
2022
Imports
$6.3MWorld Rnk 66 / 218
Flag Rnk 793 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $8.18M in Umbrellas, making it the 22nd largest exporter of Umbrellas in the world. At the same year, Umbrellas was the 525th most exported product in Hong Kong. The main destination of Umbrellas exports from Hong Kong are: Israel ($1.53M), Netherlands ($1.35M), United Kingdom ($809k), France ($702k), and United States ($551k).

The fastest growing export markets for Umbrellas of Hong Kong between 2021 and 2022 were France ($470k), Cyprus ($204k), and Spain ($189k).

Imports In 2022, Hong Kong imported $6.3M in Umbrellas, becoming the 66th largest importer of Umbrellas in the world. At the same year, Umbrellas was the 793rd most imported product in Hong Kong. Hong Kong imports Umbrellas primarily from: China ($4.42M), Cambodia ($331k), Italy ($255k), Japan ($253k), and United Kingdom ($187k).

The fastest growing import markets in Umbrellas for Hong Kong between 2021 and 2022 were Italy ($101k), Germany ($49k), and France ($21.4k).

COMPANIES In 2023, leading companies such as Cinmar (71), Amazon (1), and Xerox (1) were at the forefront of shipping Umbrellas 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 Umbrellas. 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)$8.18M
IMPORTS (2022)$6.3M
NET TRADE (2022)$1.88M

In 2022, Hong Kong exported $8.18M in Umbrellas. The main destinations of Hong Kong exports on Umbrellas were Israel ($1.53M), Netherlands ($1.35M), United Kingdom ($809k), France ($702k), and United States ($551k).

In 2022, Hong Kong imported $6.3M in Umbrellas, mainly from China ($4.42M), Cambodia ($331k), Italy ($255k), Japan ($253k), and United Kingdom ($187k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Umbrellas EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
France$470k (202%)
Cyprus$204k (6.09k%)
Spain$189k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Umbrellas BY Hong Kong WERE (2021 - 2022):
Netherlands-$794k (-37.1%)
United States-$749k (-57.6%)
Germany-$604k (-71%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $509k
TOP IMPORT POTENTIALChina+ $3.48M

Umbrellas’s highest export potential is United States. With an export gap of $509k.   Umbrellas’s highest import potential is China with an import gap of $3.48M.

See methodology.

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