2022
Exports
$400MWorld Rnk 7 / 205
Flag Rnk 46 / 1177
2022
PRODUCT COMPLEXITY IN Paintings
0.54Rnk 356 / 1025
2022
Imports
$2.84BWorld Rnk 2 / 212
Flag Rnk 24 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $400M in Paintings, making it the 7th largest exporter of Paintings in the world. At the same year, Paintings was the 46th most exported product in Hong Kong. The main destination of Paintings exports from Hong Kong are: Luxembourg ($193M), Singapore ($56.3M), China ($34.5M), South Korea ($29.4M), and United Kingdom ($25.3M).

The fastest growing export markets for Paintings of Hong Kong between 2021 and 2022 were Luxembourg ($193M), Singapore ($28.7M), and South Korea ($5.45M).

Imports In 2022, Hong Kong imported $2.84B in Paintings, becoming the 2nd largest importer of Paintings in the world. At the same year, Paintings was the 24th most imported product in Hong Kong. Hong Kong imports Paintings primarily from: United States ($1.24B), China ($551M), United Kingdom ($264M), Singapore ($178M), and France ($112M).

The fastest growing import markets in Paintings for Hong Kong between 2021 and 2022 were United States ($96.6M), South Korea ($76.5M), and Singapore ($68.8M).

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 Paintings. 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)$400M
IMPORTS (2022)$2.84B
NET TRADE (2022)-$2.44B

In 2022, Hong Kong exported $400M in Paintings. The main destinations of Hong Kong exports on Paintings were Luxembourg ($193M), Singapore ($56.3M), China ($34.5M), South Korea ($29.4M), and United Kingdom ($25.3M).

In 2022, Hong Kong imported $2.84B in Paintings, mainly from United States ($1.24B), China ($551M), United Kingdom ($264M), Singapore ($178M), and France ($112M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paintings EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Luxembourg$193M (149k%)
Singapore$28.7M (104%)
South Korea$5.45M (22.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paintings BY Hong Kong WERE (2021 - 2022):
Switzerland-$20.9M (-76.6%)
United Kingdom-$19.9M (-43.9%)
United States-$12.3M (-37.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Paintings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11.8M
TOP IMPORT POTENTIALGermany+ $5.7M

Paintings’s highest export potential is China. With an export gap of $11.8M.   Paintings’s highest import potential is Germany with an import gap of $5.7M.

See methodology.

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