2023
Exports
$585MWorld Rnk 37 / 221
Flag Rnk 20 / 96
2023
PRODUCT COMPLEXITY IN Miscellaneous edible preparations
0.053Rnk 538 / 1025
2023
Imports
$2.22BWorld Rnk 9 / 226
Flag Rnk 23 / 96
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $585M in Miscellaneous edible preparations, making it the 37th largest exporter of Miscellaneous edible preparations in the world. At the same year, Miscellaneous edible preparations was the 20th most exported product in Hong Kong. The main destination of Miscellaneous edible preparations exports from Hong Kong are: China ($355M), United States ($46.5M), Macau ($27.2M), Australia ($19.3M), and South Korea ($17.9M).

The fastest growing export markets for Miscellaneous edible preparations of Hong Kong between 2022 and 2023 were China ($177M), Nigeria ($12.6M), and Vietnam ($8.24M).

Imports In 2023, Hong Kong imported $2.22B in Miscellaneous edible preparations, becoming the 9th largest importer of Miscellaneous edible preparations in the world. At the same year, Miscellaneous edible preparations was the 23rd most imported product in Hong Kong. Hong Kong imports Miscellaneous edible preparations primarily from: China ($977M), United States ($211M), Japan ($173M), Germany ($131M), and Singapore ($113M).

The fastest growing import markets in Miscellaneous edible preparations for Hong Kong between 2022 and 2023 were China ($187M), Germany ($60.9M), and Australia ($16.6M).

COMPANIES In 2024, leading companies such as Walong Marketing (43), Loblaws Supermarkets (9), and Electrolux (1) were at the forefront of shipping Miscellaneous edible preparations from Hong Kong to the United States.

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 Miscellaneous edible preparations. 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)$585M
IMPORTS (2023)$2.22B
NET TRADE (2023)-$1.64B

In 2023, Hong Kong exported $585M in Miscellaneous edible preparations. The main destinations of Hong Kong exports on Miscellaneous edible preparations were China ($355M), United States ($46.5M), Macau ($27.2M), Australia ($19.3M), and South Korea ($17.9M).

In 2023, Hong Kong imported $2.22B in Miscellaneous edible preparations, mainly from China ($977M), United States ($211M), Japan ($173M), Germany ($131M), and Singapore ($113M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Miscellaneous edible preparations EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
China$177M (99.5%)
Nigeria$12.6M (1.64k%)
Vietnam$8.24M (174%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Miscellaneous edible preparations BY Hong Kong WERE (2022 - 2023):
United States-$15.8M (-25.4%)
United Kingdom-$5.6M (-29.2%)
South Korea-$3.62M (-16.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Miscellaneous edible preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $38.7M
TOP IMPORT POTENTIALThailand+ $18.3M

Miscellaneous edible preparations’s highest export potential is China. With an export gap of $38.7M.   Miscellaneous edible preparations’s highest import potential is Thailand with an import gap of $18.3M.

See methodology.

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