2022
Exports
$205MWorld Rnk 38 / 221
Flag Rnk 76 / 1177
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$739MWorld Rnk 19 / 218
Flag Rnk 69 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $205M in Knit Sweaters, making it the 38th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 76th most exported product in Hong Kong. The main destination of Knit Sweaters exports from Hong Kong are: United States ($42.6M), Netherlands ($30.7M), United Kingdom ($17.8M), Germany ($16.3M), and China ($13.3M).

The fastest growing export markets for Knit Sweaters of Hong Kong between 2021 and 2022 were Saudi Arabia ($4.26M), Mexico ($2.79M), and France ($2.32M).

Imports In 2022, Hong Kong imported $739M in Knit Sweaters, becoming the 19th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 69th most imported product in Hong Kong. Hong Kong imports Knit Sweaters primarily from: China ($368M), Italy ($109M), France ($64.3M), Vietnam ($26.6M), and Macau ($19.1M).

The fastest growing import markets in Knit Sweaters for Hong Kong between 2021 and 2022 were France ($18.3M), Bangladesh ($5.3M), and Cambodia ($4.99M).

COMPANIES In 2023, leading companies such as Giorgio Armani (4), Michael Kors (4), and Adidas (3) were at the forefront of shipping Knit Sweaters 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 Knit Sweaters. 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)$205M
IMPORTS (2022)$739M
NET TRADE (2022)-$533M

In 2022, Hong Kong exported $205M in Knit Sweaters. The main destinations of Hong Kong exports on Knit Sweaters were United States ($42.6M), Netherlands ($30.7M), United Kingdom ($17.8M), Germany ($16.3M), and China ($13.3M).

In 2022, Hong Kong imported $739M in Knit Sweaters, mainly from China ($368M), Italy ($109M), France ($64.3M), Vietnam ($26.6M), and Macau ($19.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Saudi Arabia$4.26M (1.65k%)
Mexico$2.79M (215%)
France$2.32M (70%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Hong Kong WERE (2021 - 2022):
United States-$30.9M (-42%)
Cambodia-$7.82M (-83.5%)
Germany-$7.36M (-31.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.9M
TOP IMPORT POTENTIALChina+ $116M

Knit Sweaters’s highest export potential is United States. With an export gap of $20.9M.   Knit Sweaters’s highest import potential is China with an import gap of $116M.

See methodology.

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