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Hong Kong Korean Cosmetics Imports: Statistics 2019–2025

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Contents · 3 sections
  1. Hong Kong Korean cosmetics imports statistics, 2019–2025
  2. Definitions, sources and access date
  3. How to read the numbers

Bottom line: Hong Kong Korean cosmetics imports statistics show USD 841 million of HS 3304 imports from Korea in 2025, 21.6% of Hong Kong’s total, making Korea the largest source; the same year 64.8% of Hong Kong’s HS 3304 exports went to mainland China and 19.0% to Macao.

The figures below use HS 3304 (beauty, make-up and skincare preparations) data reported to UN Comtrade by Hong Kong and by Korea, to show the size of the trade and where the goods go next.

Hong Kong Korean cosmetics imports statistics, 2019–2025

YearHong Kong-reported imports from Korea (USD, CIF)Korea-reported exports to Hong Kong (USD, FOB)
2019915,263,420789,276,160
20203,220,528,880614,044,721
20213,342,487,185489,939,677
20223,148,618,928338,856,794
20232,244,712,226438,189,768
2024955,751,032511,134,539
2025840,748,608595,332,547
Hong Kong HS 3304, 2025Top fiveUSD million and share
Import sources (total 3,888.6)Korea, Singapore, mainland China, Japan, Switzerland840.7 (21.6%), 816.0 (21.0%), 481.6 (12.4%), 397.5 (10.2%), 372.2 (9.6%)
Export destinations (total 3,296.1)Mainland China, Macao, Japan, USA, Taiwan2,137.2 (64.8%), 625.3 (19.0%), 97.7 (3.0%), 95.5 (2.9%), 58.4 (1.8%)
HS 3304 trade between Hong Kong and Korea 2019–2025 (UN Comtrade, USD million): Hong Kong-reported imports from Korea 2019 915, 2020 3,221, 2021 3,342, 2022 3,149, 2023 2,245, 2024 956, 2025 841; Korea-reported exports to Hong Kong 2019 789, 2020 614, 2021 490, 2022 339, 2023 438, 2024 511, 2025 595 USD million (HS 3304) 915 3,221 3,342 3,149 2,245 956 841 789 614 490 339 438 511 595 2019 2020 2021 2022 2023 2024 2025 HK-reported imports from Korea (CIF) Korea-reported exports to HK (FOB) HS 3304 trade between Hong Kong and Korea 2019–2025 (UN Comtrade, USD million): Hong Kong-reported imports from Korea 2019 915, 2020 3,221, 2021 3,342, 2022 3,149, 2023 2,245, 2024 956, 2025 841; Korea-reported exports to Hong Kong 2019 789, 2020 614, 2021 490, 2022 339, 2023 438, 2024 511, 2025 595 USD million (HS 3304) 915 3,221 3,342 3,149 2,245 956 841 789 614 490 339 438 511 595 2019 2020 2021 2022 2023 2024 2025 HK-reported importsfrom Korea (CIF) Korea-reportedexports to HK (FOB)
Figure 1 · Hong Kong-reported imports from Korea fell from USD 3,342 million in 2021 to USD 841 million in 2025, while Korea-reported exports to Hong Kong rose from USD 339 million in 2022 to USD 595 million in 2025 (2019–2025)

HS 3304 trade · Hong Kong and Korea, 2019–2025 · Source: UN Comtrade · ACCESSED 2026-10-16 · USD million

Definitions, sources and access date

How to read the numbers

Korea is still first, but the lead has narrowed. Korea’s share of Hong Kong’s HS 3304 imports fell from 23.7% (USD 956 million) in 2024 to 21.6% in 2025, just 0.6 percentage points ahead of Singapore (21.0%).

From Korea’s side, three years of growth. Korea-reported exports to Hong Kong rose from USD 339 million in 2022 to USD 595 million in 2025, up 76% in three years.

Hong Kong works largely as a re-export point. Hong Kong’s 2025 HS 3304 exports of USD 3.30 billion equal 85% of its imports of USD 3.89 billion, and 83.8% of those exports went to mainland China and Macao.

For an importer in Hong Kong, the data says two things. Korean products are the biggest single group in Hong Kong’s cosmetics imports, so competition in them is also the stiffest.

And a large share of what arrives leaves again, so declarations, labels and origin documents should be prepared with re-export in mind from the start. SEONGWOO GLOBAL supplies Hong Kong buyers from Korea; export orders are contracted and invoiced by our Seoul company.

Related reading: Re-export via Hong Kong · How to import cosmetics into Hong Kong · Hong Kong cosmetics retail sales · Korean cosmetics exports by country

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Written by SEONGWOO GLOBAL

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