2022
Exports
$1.04MWorld Rnk 78 / 153
Flag Rnk 880 / 1177
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.26Rnk 899 / 1025
2022
Imports
$2.85MWorld Rnk 116 / 214
Flag Rnk 910 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $1.04M in Other Vegetable Oils, making it the 78th largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 880th most exported product in Hong Kong. The main destination of Other Vegetable Oils exports from Hong Kong are: China ($965k), Malaysia ($45.1k), Singapore ($22k), Canada ($3.49k), and Macau ($1.73k).

The fastest growing export markets for Other Vegetable Oils of Hong Kong between 2021 and 2022 were China ($949k), Singapore ($22k), and Canada ($2.48k).

Imports In 2022, Hong Kong imported $2.85M in Other Vegetable Oils, becoming the 116th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 910th most imported product in Hong Kong. Hong Kong imports Other Vegetable Oils primarily from: Indonesia ($1.1M), Malaysia ($650k), China ($272k), Philippines ($155k), and Turkey ($137k).

The fastest growing import markets in Other Vegetable Oils for Hong Kong between 2021 and 2022 were Philippines ($101k), Indonesia ($85.2k), and Turkey ($82.2k).

Latest Trends

Sep 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 Other Vegetable 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)$1.04M
IMPORTS (2022)$2.85M
NET TRADE (2022)-$1.82M

In 2022, Hong Kong exported $1.04M in Other Vegetable Oils. The main destinations of Hong Kong exports on Other Vegetable Oils were China ($965k), Malaysia ($45.1k), Singapore ($22k), Canada ($3.49k), and Macau ($1.73k).

In 2022, Hong Kong imported $2.85M in Other Vegetable Oils, mainly from Indonesia ($1.1M), Malaysia ($650k), China ($272k), Philippines ($155k), and Turkey ($137k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$949k (5.85k%)
Singapore$22k (1%)
Canada$2.48k (245%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Hong Kong WERE (2021 - 2022):
Israel-$125k (-100%)
South Korea-$124k (-100%)
Malaysia-$90.7k (-66.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Other Vegetable Oils were:
In 2022, Hong Kong's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $846k
TOP IMPORT POTENTIALIndonesia+ $567k

Other Vegetable Oils’s highest export potential is China. With an export gap of $846k.   Other Vegetable Oils’s highest import potential is Indonesia with an import gap of $567k.

See methodology.

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