2022
Exports
$6.74MWorld Rnk 74 / 169
Flag Rnk 563 / 1177
2022
PRODUCT COMPLEXITY IN Cheese
-0.14Rnk 591 / 1025
2022
Imports
$92.7MWorld Rnk 62 / 223
Flag Rnk 300 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $6.74M in Cheese, making it the 74th largest exporter of Cheese in the world. At the same year, Cheese was the 563rd most exported product in Hong Kong. The main destination of Cheese exports from Hong Kong are: Macau ($6.29M), China ($351k), Singapore ($58.1k), Philippines ($21.1k), and Thailand ($13k).

The fastest growing export markets for Cheese of Hong Kong between 2021 and 2022 were Macau ($1.64M), Singapore ($49.6k), and Bahamas ($290).

Imports In 2022, Hong Kong imported $92.7M in Cheese, becoming the 62nd largest importer of Cheese in the world. At the same year, Cheese was the 300th most imported product in Hong Kong. Hong Kong imports Cheese primarily from: New Zealand ($21M), United States ($11.4M), France ($10.8M), Australia ($9.92M), and Italy ($8.61M).

The fastest growing import markets in Cheese for Hong Kong between 2021 and 2022 were New Zealand ($1.57M), Poland ($598k), and Switzerland ($563k).

Latest Trends

Sep 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 Cheese. 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)$6.74M
IMPORTS (2022)$92.7M
NET TRADE (2022)-$85.9M

In 2022, Hong Kong exported $6.74M in Cheese. The main destinations of Hong Kong exports on Cheese were Macau ($6.29M), China ($351k), Singapore ($58.1k), Philippines ($21.1k), and Thailand ($13k).

In 2022, Hong Kong imported $92.7M in Cheese, mainly from New Zealand ($21M), United States ($11.4M), France ($10.8M), Australia ($9.92M), and Italy ($8.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Macau$1.64M (35.3%)
Singapore$49.6k (577%)
Bahamas$290 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Hong Kong WERE (2021 - 2022):
Philippines-$936k (-97.8%)
China-$269k (-43.4%)
Thailand-$21.8k (-62.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Cheese were:
In 2022, Hong Kong's main importing competitors in Cheese were:
Germany $5.19B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $445k
TOP IMPORT POTENTIALItaly+ $3.33M

Cheese’s highest export potential is China. With an export gap of $445k.   Cheese’s highest import potential is Italy with an import gap of $3.33M.

See methodology.

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