2023
Exports
$23.9MWorld Rnk 57 / 196
Flag Rnk 289 / 1181
falsefalse China
2023
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.6Rnk 734 / 1025
2023
Imports
$178MWorld Rnk 21 / 226
Flag Rnk 198 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $23.9M in Confectionery Sugar, making it the 57th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 289th most exported product in Hong Kong. The main destination of Confectionery Sugar exports from Hong Kong are: China ($6.38M), Vietnam ($4M), Macau ($2.54M), Netherlands ($2.11M), and United States ($1.92M).

The fastest growing export markets for Confectionery Sugar of Hong Kong between 2022 and 2023 were Vietnam ($3.99M), Singapore ($1.02M), and South Korea ($962k).

Imports In 2023, Hong Kong imported $178M in Confectionery Sugar, becoming the 21st largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 198th most imported product in Hong Kong. Hong Kong imports Confectionery Sugar primarily from: Japan ($44.4M), China ($44.3M), Germany ($22.2M), Thailand ($15M), and United States ($8.89M).

Latest Trends

Jan 2025

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 Confectionery Sugar. 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 (2023)$23.9M
IMPORTS (2023)$178M
NET TRADE (2023)-$154M

In 2023, Hong Kong exported $23.9M in Confectionery Sugar. The main destinations of Hong Kong exports on Confectionery Sugar were China ($6.38M), Vietnam ($4M), Macau ($2.54M), Netherlands ($2.11M), and United States ($1.92M).

In 2023, Hong Kong imported $178M in Confectionery Sugar, mainly from Japan ($44.4M), China ($44.3M), Germany ($22.2M), Thailand ($15M), and United States ($8.89M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Vietnam$3.99M (26.9k%)
Singapore$1.02M (162%)
South Korea$962k (1.16k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Hong Kong WERE (2022 - 2023):
Israel-$1.35M (-100%)
United Kingdom-$758k (-65.7%)
United States-$667k (-25.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Confectionery Sugar were:
Germany $1.97B
China $1.5B
Mexico $1.36B
In 2023, Hong Kong's main importing competitors in Confectionery Sugar were:

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.73M
TOP IMPORT POTENTIALChina+ $9.96M

Confectionery Sugar’s highest export potential is China. With an export gap of $2.73M.   Confectionery Sugar’s highest import potential is China with an import gap of $9.96M.

See methodology.

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