2022
Exports
$1.71MWorld Rnk 61 / 158
Flag Rnk 807 / 1177
2022
PRODUCT COMPLEXITY IN Processed Cereals
-0.77Rnk 775 / 1025
2022
Imports
$10.7MWorld Rnk 49 / 218
Flag Rnk 696 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $1.71M in Processed Cereals, making it the 61st largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 807th most exported product in Hong Kong. The main destination of Processed Cereals exports from Hong Kong are: China ($1.44M), Macau ($179k), Netherlands ($20.3k), United States ($13.8k), and Nigeria ($13.1k).

The fastest growing export markets for Processed Cereals of Hong Kong between 2021 and 2022 were Macau ($19.4k), Nigeria ($13.1k), and Philippines ($9.87k).

Imports In 2022, Hong Kong imported $10.7M in Processed Cereals, becoming the 49th largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 696th most imported product in Hong Kong. Hong Kong imports Processed Cereals primarily from: China ($4.37M), Malaysia ($1.76M), Chinese Taipei ($894k), Indonesia ($795k), and United States ($653k).

The fastest growing import markets in Processed Cereals for Hong Kong between 2021 and 2022 were Malaysia ($908k), Indonesia ($581k), and Canada ($236k).

Latest Trends

Aug 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 Processed Cereals. 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)$1.71M
IMPORTS (2022)$10.7M
NET TRADE (2022)-$9.04M

In 2022, Hong Kong exported $1.71M in Processed Cereals. The main destinations of Hong Kong exports on Processed Cereals were China ($1.44M), Macau ($179k), Netherlands ($20.3k), United States ($13.8k), and Nigeria ($13.1k).

In 2022, Hong Kong imported $10.7M in Processed Cereals, mainly from China ($4.37M), Malaysia ($1.76M), Chinese Taipei ($894k), Indonesia ($795k), and United States ($653k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Macau$19.4k (12.2%)
Nigeria$13.1k (1%)
Philippines$9.87k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY Hong Kong WERE (2021 - 2022):
China-$110k (-7.09%)
United States-$22.3k (-61.8%)
Hungary-$6.1k (-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 Processed Cereals were:
In 2022, Hong Kong's main importing competitors in Processed Cereals were:

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $548k
TOP IMPORT POTENTIALCanada+ $374k

Processed Cereals’s highest export potential is China. With an export gap of $548k.   Processed Cereals’s highest import potential is Canada with an import gap of $374k.

See methodology.

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