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Exports In 2022, Hong Kong exported $26.7M in Pharmaceutical Animal Products, making it the 3rd largest exporter of Pharmaceutical Animal Products in the world. At the same year, Pharmaceutical Animal Products was the 298th most exported product in Hong Kong. The main destination of Pharmaceutical Animal Products exports from Hong Kong are: South Korea ($25.7M), Japan ($707k), United States ($158k), Macau ($52.1k), and China ($44.8k).

The fastest growing export markets for Pharmaceutical Animal Products of Hong Kong between 2021 and 2022 were South Korea ($2.26M), Japan ($149k), and China ($43.2k).

Imports In 2022, Hong Kong imported $130M in Pharmaceutical Animal Products, becoming the 1st largest importer of Pharmaceutical Animal Products in the world. At the same year, Pharmaceutical Animal Products was the 252nd most imported product in Hong Kong. Hong Kong imports Pharmaceutical Animal Products primarily from: Brazil ($92.3M), Colombia ($11M), Argentina ($7.12M), Australia ($3.8M), and Russia ($2.86M).

The fastest growing import markets in Pharmaceutical Animal Products for Hong Kong between 2021 and 2022 were Brazil ($19.4M), Colombia ($1.17M), and United States ($369k).

Latest Trends

Oct 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 Pharmaceutical Animal Products. 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)$26.7M
IMPORTS (2022)$130M
NET TRADE (2022)-$103M

In 2022, Hong Kong exported $26.7M in Pharmaceutical Animal Products. The main destinations of Hong Kong exports on Pharmaceutical Animal Products were South Korea ($25.7M), Japan ($707k), United States ($158k), Macau ($52.1k), and China ($44.8k).

In 2022, Hong Kong imported $130M in Pharmaceutical Animal Products, mainly from Brazil ($92.3M), Colombia ($11M), Argentina ($7.12M), Australia ($3.8M), and Russia ($2.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Animal Products EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
South Korea$2.26M (9.64%)
Japan$149k (26.7%)
China$43.2k (2.76k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Animal Products BY Hong Kong WERE (2021 - 2022):
United States-$343k (-68.5%)
Canada-$49.3k (-67.6%)
Macau-$7.07k (-11.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Pharmaceutical Animal Products were:
Russia $33.7M
In 2022, Hong Kong's main importing competitors in Pharmaceutical Animal Products were:

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Trade Value of Pharmaceutical Animal Products by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $173k
TOP IMPORT POTENTIALChina+ $518k

Pharmaceutical Animal Products’s highest export potential is United States. With an export gap of $173k.   Pharmaceutical Animal Products’s highest import potential is China with an import gap of $518k.

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