2022
Exports
$35.9MWorld Rnk 86 / 218
Flag Rnk 75 / 96
2022
PRODUCT COMPLEXITY IN Coffee, tea, mate & spices
-1.2Rnk 880 / 1025
2022
Imports
$459MWorld Rnk 33 / 224
Flag Rnk 53 / 96
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $35.9M in Coffee, tea, mate & spices, making it the 86th largest exporter of Coffee, tea, mate & spices in the world. At the same year, Coffee, tea, mate & spices was the 75th most exported product in Hong Kong. The main destination of Coffee, tea, mate & spices exports from Hong Kong are: Vietnam ($16.4M), United States ($3.86M), China ($2.44M), Macau ($2.38M), and Chinese Taipei ($1.82M).

The fastest growing export markets for Coffee, tea, mate & spices of Hong Kong between 2021 and 2022 were Australia ($846k), United States ($705k), and Macau ($596k).

Imports In 2022, Hong Kong imported $459M in Coffee, tea, mate & spices, becoming the 33rd largest importer of Coffee, tea, mate & spices in the world. At the same year, Coffee, tea, mate & spices was the 53rd most imported product in Hong Kong. Hong Kong imports Coffee, tea, mate & spices primarily from: China ($324M), Sri Lanka ($16.8M), Chinese Taipei ($11.6M), Japan ($11.6M), and United Kingdom ($9.18M).

The fastest growing import markets in Coffee, tea, mate & spices for Hong Kong between 2021 and 2022 were Ethiopia ($2.87M), Colombia ($2.59M), and United Kingdom ($1.8M).

COMPANIES In 2023, leading companies such as Walong Marketing (23), CONTINENTAL AUTOMOTIVE SYSTEMS, INC (2), and Amazon (1) were at the forefront of shipping Coffee, tea, mate & spices 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 Coffee, tea, mate & spices. 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)$35.9M
IMPORTS (2022)$459M
NET TRADE (2022)-$424M

In 2022, Hong Kong exported $35.9M in Coffee, tea, mate & spices. The main destinations of Hong Kong exports on Coffee, tea, mate & spices were Vietnam ($16.4M), United States ($3.86M), China ($2.44M), Macau ($2.38M), and Chinese Taipei ($1.82M).

In 2022, Hong Kong imported $459M in Coffee, tea, mate & spices, mainly from China ($324M), Sri Lanka ($16.8M), Chinese Taipei ($11.6M), Japan ($11.6M), and United Kingdom ($9.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee, tea, mate & spices EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Australia$846k (191%)
United States$705k (22.3%)
Macau$596k (33.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee, tea, mate & spices BY Hong Kong WERE (2021 - 2022):
Vietnam-$18M (-52.3%)
China-$6.89M (-73.8%)
Germany-$162k (-72.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Coffee, tea, mate & spices were:
Brazil $9.34B
Vietnam $5.02B
India $4.23B
In 2022, Hong Kong's main importing competitors in Coffee, tea, mate & spices were:

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Trade Value of Coffee, tea, mate & spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.05M
TOP IMPORT POTENTIALIndia+ $5.98M

Coffee, tea, mate & spices’s highest export potential is China. With an export gap of $3.05M.   Coffee, tea, mate & spices’s highest import potential is India with an import gap of $5.98M.

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