2022
Exports
$1.03MWorld Rnk 113 / 160
Flag Rnk 883 / 1177
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$2.32BWorld Rnk 39 / 222
Flag Rnk 29 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $1.03M in Petroleum Gas, making it the 113th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 883rd most exported product in Hong Kong. The main destination of Petroleum Gas exports from Hong Kong are: United Kingdom ($217k), China ($161k), Malaysia ($140k), South Korea ($101k), and Vietnam ($87.4k).

The fastest growing export markets for Petroleum Gas of Hong Kong between 2021 and 2022 were United Kingdom ($177k), China ($129k), and Thailand ($70.8k).

Imports In 2022, Hong Kong imported $2.32B in Petroleum Gas, becoming the 39th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 29th most imported product in Hong Kong. Hong Kong imports Petroleum Gas primarily from: China ($2.32B), South Korea ($646k), North Macedonia ($86.4k), Chinese Taipei ($84.9k), and Tanzania ($82.1k).

The fastest growing import markets in Petroleum Gas for Hong Kong between 2021 and 2022 were China ($366M), North Macedonia ($86.4k), and Tanzania ($82.1k).

COMPANIES In 2023, leading companies such as David's Bridal (1) were at the forefront of shipping Petroleum Gas from Hong Kong to the United States.

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 Petroleum Gas. 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)$1.03M
IMPORTS (2022)$2.32B
NET TRADE (2022)-$2.32B

In 2022, Hong Kong exported $1.03M in Petroleum Gas. The main destinations of Hong Kong exports on Petroleum Gas were United Kingdom ($217k), China ($161k), Malaysia ($140k), South Korea ($101k), and Vietnam ($87.4k).

In 2022, Hong Kong imported $2.32B in Petroleum Gas, mainly from China ($2.32B), South Korea ($646k), North Macedonia ($86.4k), Chinese Taipei ($84.9k), and Tanzania ($82.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United Kingdom$177k (440%)
China$129k (397%)
Thailand$70.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Hong Kong WERE (2021 - 2022):
Brazil-$108k (-100%)
Kiribati-$36.1k (-100%)
Japan-$34.8k (-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 Petroleum Gas were:
In 2022, Hong Kong's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $833k
TOP IMPORT POTENTIALSouth Korea+ $3.33M

Petroleum Gas’s highest export potential is China. With an export gap of $833k.   Petroleum Gas’s highest import potential is South Korea with an import gap of $3.33M.

See methodology.

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