2022
Exports | Imports
$864 | $85.5MWorld Rnk 124 / 149
Flag Rnk 1165 / 1177
World Rnk 74 / 158
Flag Rnk 321 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
0.99Rnk 26 / 124
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.44Rnk 1015 / 1025

About

Exports In 2022, Hong Kong exported $864 in Crude Petroleum, making it the 124th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1165th most exported product in Hong Kong. The main destination of Crude Petroleum exports from Hong Kong are: Belgium ($788) and Netherlands ($76).

The fastest growing export markets for Crude Petroleum of Hong Kong between 2021 and 2022 were Belgium ($788).

Imports In 2022, Hong Kong imported $85.5M in Crude Petroleum, becoming the 74th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 321st most imported product in Hong Kong. Hong Kong imports Crude Petroleum primarily from: Canada ($85.5M), United Arab Emirates ($1.26k), and Thailand ($84).

The fastest growing import markets in Crude Petroleum for Hong Kong between 2021 and 2022 were Thailand ($84).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from Hong Kong to the United States.

Latest Trends

Feb 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 Crude Petroleum. 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)$864
IMPORTS (2022)$85.5M
NET TRADE (2022)-$85.5M

In 2022, Hong Kong exported $864 in Crude Petroleum. The main destinations of Hong Kong exports on Crude Petroleum were Belgium ($788) and Netherlands ($76).

In 2022, Hong Kong imported $85.5M in Crude Petroleum, mainly from Canada ($85.5M), United Arab Emirates ($1.26k), and Thailand ($84).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):Belgium$788 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Hong Kong WERE (2021 - 2022):
South Korea-$470 (-100%)
Netherlands-$97 (-56.1%)
Czechia-$10 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Crude Petroleum were:
In 2022, Hong Kong's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

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