2022
Exports
$8.57MWorld Rnk 54 / 151
Flag Rnk 514 / 1177
2022
PRODUCT COMPLEXITY IN Milk
-0.0031Rnk 548 / 1025
2022
Imports
$125MWorld Rnk 16 / 221
Flag Rnk 256 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $8.57M in Milk, making it the 54th largest exporter of Milk in the world. At the same year, Milk was the 514th most exported product in Hong Kong. The main destination of Milk exports from Hong Kong are: Macau ($8.01M), Philippines ($435k), China ($119k), Singapore ($6.22k), and Czechia ($270).

The fastest growing export markets for Milk of Hong Kong between 2021 and 2022 were Macau ($1.97M), Philippines ($402k), and China ($67.3k).

Imports In 2022, Hong Kong imported $125M in Milk, becoming the 16th largest importer of Milk in the world. At the same year, Milk was the 256th most imported product in Hong Kong. Hong Kong imports Milk primarily from: Thailand ($26.6M), China ($22.8M), Australia ($15.6M), France ($15.1M), and Japan ($10.8M).

The fastest growing import markets in Milk for Hong Kong between 2021 and 2022 were Thailand ($4.5M), China ($1.33M), and France ($513k).

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 Milk. 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)$8.57M
IMPORTS (2022)$125M
NET TRADE (2022)-$116M

In 2022, Hong Kong exported $8.57M in Milk. The main destinations of Hong Kong exports on Milk were Macau ($8.01M), Philippines ($435k), China ($119k), Singapore ($6.22k), and Czechia ($270).

In 2022, Hong Kong imported $125M in Milk, mainly from Thailand ($26.6M), China ($22.8M), Australia ($15.6M), France ($15.1M), and Japan ($10.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milk EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Macau$1.97M (32.7%)
Philippines$402k (1.2k%)
China$67.3k (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk BY Hong Kong WERE (2021 - 2022):
Samoa-$466 (-100%)
Guyana-$278 (-100%)
Indonesia-$201 (-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 Milk were:
In 2022, Hong Kong's main importing competitors in Milk were:
Germany $2.03B
China $1.46B

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Trade Value of Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $225k
TOP IMPORT POTENTIALGermany+ $2.07M

Milk’s highest export potential is China. With an export gap of $225k.   Milk’s highest import potential is Germany with an import gap of $2.07M.

See methodology.

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