2022
Exports
$206MWorld Rnk 6 / 198
Flag Rnk 75 / 1177
2022
PRODUCT COMPLEXITY IN Paper Labels
-0.031Rnk 557 / 1025
2022
Imports
$237MWorld Rnk 6 / 224
Flag Rnk 177 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $206M in Paper Labels, making it the 6th largest exporter of Paper Labels in the world. At the same year, Paper Labels was the 75th most exported product in Hong Kong. The main destination of Paper Labels exports from Hong Kong are: Bangladesh ($34.5M), Indonesia ($34.4M), India ($22M), Vietnam ($20.6M), and Cambodia ($16.3M).

The fastest growing export markets for Paper Labels of Hong Kong between 2021 and 2022 were Philippines ($2.44M), Ethiopia ($1.35M), and Malaysia ($872k).

Imports In 2022, Hong Kong imported $237M in Paper Labels, becoming the 6th largest importer of Paper Labels in the world. At the same year, Paper Labels was the 177th most imported product in Hong Kong. Hong Kong imports Paper Labels primarily from: China ($210M), Thailand ($4.7M), United States ($4.27M), Japan ($2.71M), and Canada ($2.28M).

The fastest growing import markets in Paper Labels for Hong Kong between 2021 and 2022 were Thailand ($1.07M), Malaysia ($600k), and France ($349k).

COMPANIES In 2023, leading companies such as Adidas (2) and Mystic Apparel (1) were at the forefront of shipping Paper Labels 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 Paper Labels. 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)$206M
IMPORTS (2022)$237M
NET TRADE (2022)-$30.4M

In 2022, Hong Kong exported $206M in Paper Labels. The main destinations of Hong Kong exports on Paper Labels were Bangladesh ($34.5M), Indonesia ($34.4M), India ($22M), Vietnam ($20.6M), and Cambodia ($16.3M).

In 2022, Hong Kong imported $237M in Paper Labels, mainly from China ($210M), Thailand ($4.7M), United States ($4.27M), Japan ($2.71M), and Canada ($2.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paper Labels EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Philippines$2.44M (30.5%)
Ethiopia$1.35M (3.19k%)
Malaysia$872k (54.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paper Labels BY Hong Kong WERE (2021 - 2022):
Cambodia-$7.1M (-30.3%)
Vietnam-$4.25M (-17.1%)
Bangladesh-$3.32M (-8.77%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Paper Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.29M
TOP IMPORT POTENTIALUnited States+ $2.26M

Paper Labels’s highest export potential is China. With an export gap of $6.29M.   Paper Labels’s highest import potential is United States with an import gap of $2.26M.

See methodology.

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