2022
Exports
$4.87MWorld Rnk 13 / 99
Flag Rnk 643 / 1177
2022
PRODUCT COMPLEXITY IN Ground Nut Oil
-1.93Rnk 993 / 1025
2022
Imports
$31.9MWorld Rnk 5 / 185
Flag Rnk 482 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $4.87M in Ground Nut Oil, making it the 13th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 643rd most exported product in Hong Kong. The main destination of Ground Nut Oil exports from Hong Kong are: Macau ($1.43M), United States ($1.25M), Australia ($930k), China ($487k), and Canada ($478k).

The fastest growing export markets for Ground Nut Oil of Hong Kong between 2021 and 2022 were Australia ($183k), United States ($30.8k), and United Kingdom ($12.3k).

Imports In 2022, Hong Kong imported $31.9M in Ground Nut Oil, becoming the 5th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 482nd most imported product in Hong Kong. Hong Kong imports Ground Nut Oil primarily from: China ($20.7M), Nicaragua ($6.76M), United States ($4.05M), India ($162k), and Belgium ($117k).

The fastest growing import markets in Ground Nut Oil for Hong Kong between 2021 and 2022 were China ($1.11M), Belgium ($117k), and Argentina ($80.2k).

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 Ground Nut Oil. 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)$4.87M
IMPORTS (2022)$31.9M
NET TRADE (2022)-$27.1M

In 2022, Hong Kong exported $4.87M in Ground Nut Oil. The main destinations of Hong Kong exports on Ground Nut Oil were Macau ($1.43M), United States ($1.25M), Australia ($930k), China ($487k), and Canada ($478k).

In 2022, Hong Kong imported $31.9M in Ground Nut Oil, mainly from China ($20.7M), Nicaragua ($6.76M), United States ($4.05M), India ($162k), and Belgium ($117k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Australia$183k (24.5%)
United States$30.8k (2.53%)
United Kingdom$12.3k (13.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Hong Kong WERE (2021 - 2022):
Macau-$457k (-24.2%)
China-$244k (-33.4%)
Malaysia-$159k (-56.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Ground Nut Oil were:
In 2022, Hong Kong's main importing competitors in Ground Nut Oil were:

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $697k
TOP IMPORT POTENTIALIndia+ $331k

Ground Nut Oil’s highest export potential is China. With an export gap of $697k.   Ground Nut Oil’s highest import potential is India with an import gap of $331k.

See methodology.

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