2022
Exports
$15.2MWorld Rnk 53 / 141
Flag Rnk 409 / 1177
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils
-0.34Rnk 660 / 1025
2022
Imports
$10.9MWorld Rnk 38 / 186
Flag Rnk 691 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $15.2M in Inedible Fats and Oils, making it the 53rd largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 409th most exported product in Hong Kong. The main destination of Inedible Fats and Oils exports from Hong Kong are: Malaysia ($8.57M), Portugal ($2.6M), Spain ($1.63M), Japan ($1.09M), and United Kingdom ($555k).

The fastest growing export markets for Inedible Fats and Oils of Hong Kong between 2021 and 2022 were Portugal ($2.2M), Japan ($1.09M), and Netherlands ($280k).

Imports In 2022, Hong Kong imported $10.9M in Inedible Fats and Oils, becoming the 38th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 691st most imported product in Hong Kong. Hong Kong imports Inedible Fats and Oils primarily from: China ($7.68M), Chinese Taipei ($833k), Vietnam ($790k), South Korea ($582k), and Macau ($297k).

The fastest growing import markets in Inedible Fats and Oils for Hong Kong between 2021 and 2022 were Thailand ($75.8k), Indonesia ($61.6k), and Macau ($43.3k).

Latest Trends

Nov 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 Inedible Fats and Oils. 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)$15.2M
IMPORTS (2022)$10.9M
NET TRADE (2022)$4.31M

In 2022, Hong Kong exported $15.2M in Inedible Fats and Oils. The main destinations of Hong Kong exports on Inedible Fats and Oils were Malaysia ($8.57M), Portugal ($2.6M), Spain ($1.63M), Japan ($1.09M), and United Kingdom ($555k).

In 2022, Hong Kong imported $10.9M in Inedible Fats and Oils, mainly from China ($7.68M), Chinese Taipei ($833k), Vietnam ($790k), South Korea ($582k), and Macau ($297k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Portugal$2.2M (553%)
Japan$1.09M (1%)
Netherlands$280k (353%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Hong Kong WERE (2021 - 2022):
Malaysia-$6.52M (-43.2%)
Spain-$552k (-25.3%)
United Arab Emirates-$210k (-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 Inedible Fats and Oils were:
In 2022, Hong Kong's main importing competitors in Inedible Fats and Oils were:

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $567k
TOP IMPORT POTENTIALChina+ $4.22M

Inedible Fats and Oils’s highest export potential is Spain. With an export gap of $567k.   Inedible Fats and Oils’s highest import potential is China with an import gap of $4.22M.

See methodology.

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