2022
Exports
$44.8MWorld Rnk 33 / 202
Flag Rnk 230 / 1177
2022
PRODUCT COMPLEXITY IN Perfumes
-0.14Rnk 594 / 1025
2022
Imports
$427MWorld Rnk 15 / 222
Flag Rnk 108 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $44.8M in Perfumes, making it the 33rd largest exporter of Perfumes in the world. At the same year, Perfumes was the 230th most exported product in Hong Kong. The main destination of Perfumes exports from Hong Kong are: Singapore ($9.35M), China ($7.53M), Macau ($7.39M), Japan ($5.07M), and South Korea ($3.92M).

The fastest growing export markets for Perfumes of Hong Kong between 2021 and 2022 were Singapore ($5.84M), Japan ($5.06M), and Cambodia ($2.12M).

Imports In 2022, Hong Kong imported $427M in Perfumes, becoming the 15th largest importer of Perfumes in the world. At the same year, Perfumes was the 108th most imported product in Hong Kong. Hong Kong imports Perfumes primarily from: Italy ($96M), Singapore ($63.5M), France ($62.6M), United States ($40.7M), and China ($38.1M).

The fastest growing import markets in Perfumes for Hong Kong between 2021 and 2022 were China ($9.42M), Germany ($5.12M), and South Korea ($4.58M).

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 Perfumes. 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)$44.8M
IMPORTS (2022)$427M
NET TRADE (2022)-$382M

In 2022, Hong Kong exported $44.8M in Perfumes. The main destinations of Hong Kong exports on Perfumes were Singapore ($9.35M), China ($7.53M), Macau ($7.39M), Japan ($5.07M), and South Korea ($3.92M).

In 2022, Hong Kong imported $427M in Perfumes, mainly from Italy ($96M), Singapore ($63.5M), France ($62.6M), United States ($40.7M), and China ($38.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumes EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Singapore$5.84M (167%)
Japan$5.06M (46.5k%)
Cambodia$2.12M (933%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumes BY Hong Kong WERE (2021 - 2022):
Israel-$7.49M (-99.9%)
Macau-$2.76M (-27.2%)
Vietnam-$2.2M (-65.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Perfumes were:
France $7.24B
Spain $2.58B
Germany $1.67B
In 2022, Hong Kong's main importing competitors in Perfumes were:

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Trade Value of Perfumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.66M
TOP IMPORT POTENTIALChina+ $6.56M

Perfumes’s highest export potential is United States. With an export gap of $1.66M.   Perfumes’s highest import potential is China with an import gap of $6.56M.

See methodology.

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