2023
Exports
$1.17MWorld Rnk 59 / 171
Flag Rnk 839 / 1181
2023
PRODUCT COMPLEXITY IN Honey
-1.23Rnk 883 / 1025
2023
Imports
$16.9MWorld Rnk 23 / 213
Flag Rnk 563 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $1.17M in Honey, making it the 59th largest exporter of Honey in the world. At the same year, Honey was the 839th most exported product in Hong Kong. The main destination of Honey exports from Hong Kong are: China ($638k), Saudi Arabia ($219k), United Arab Emirates ($190k), United States ($46.8k), and Singapore ($26.7k).

The fastest growing export markets for Honey of Hong Kong between 2022 and 2023 were United Arab Emirates ($134k), Saudi Arabia ($93.5k), and United States ($46.8k).

Imports In 2023, Hong Kong imported $16.9M in Honey, becoming the 23rd largest importer of Honey in the world. At the same year, Honey was the 563rd most imported product in Hong Kong. Hong Kong imports Honey primarily from: China ($5.77M), New Zealand ($5.3M), Australia ($1.57M), Germany ($753k), and United States ($490k).

The fastest growing import markets in Honey for Hong Kong between 2022 and 2023 were China ($608k), Germany ($115k), and South Korea ($30.8k).

Latest Trends

Dec 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 Honey. 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)$1.17M
IMPORTS (2023)$16.9M
NET TRADE (2023)-$15.7M

In 2023, Hong Kong exported $1.17M in Honey. The main destinations of Hong Kong exports on Honey were China ($638k), Saudi Arabia ($219k), United Arab Emirates ($190k), United States ($46.8k), and Singapore ($26.7k).

In 2023, Hong Kong imported $16.9M in Honey, mainly from China ($5.77M), New Zealand ($5.3M), Australia ($1.57M), Germany ($753k), and United States ($490k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Saudi Arabia$93.5k (74.3%)
United States$46.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Hong Kong WERE (2022 - 2023):
China-$88k (-12.1%)
Maldives-$37.2k (-100%)
Barbados-$4.87k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Honey were:
In 2023, Hong Kong's main importing competitors in Honey were:

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $246k
TOP IMPORT POTENTIALChina+ $1.89M

Honey’s highest export potential is China. With an export gap of $246k.   Honey’s highest import potential is China with an import gap of $1.89M.

See methodology.

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