2022
Exports
$3.23MWorld Rnk 38 / 123
Flag Rnk 1487 / 4349
2022
Imports
$1.2MWorld Rnk 91 / 189
Flag Rnk 2870 / 4451
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $3.23M in Products of tobacco, substitute nes, extract, essence, making it the 38th largest exporter of Products of tobacco, substitute nes, extract, essence in the world. At the same year, Products of tobacco, substitute nes, extract, essence was the 1487th most exported product in Hong Kong. The main destination of Products of tobacco, substitute nes, extract, essence exports from Hong Kong are: Bulgaria ($2.09M), Netherlands ($534k), Germany ($326k), France ($118k), and Latvia ($50.2k).

The fastest growing export markets for Products of tobacco, substitute nes, extract, essence of Hong Kong between 2021 and 2022 were Bulgaria ($2.09M), Netherlands ($534k), and Germany ($326k).

Imports In 2022, Hong Kong imported $1.2M in Products of tobacco, substitute nes, extract, essence, becoming the 91st largest importer of Products of tobacco, substitute nes, extract, essence in the world. At the same year, Products of tobacco, substitute nes, extract, essence was the 2870th most imported product in Hong Kong. Hong Kong imports Products of tobacco, substitute nes, extract, essence primarily from: N/A.

The fastest growing import markets in Products of tobacco, substitute nes, extract, essence for Hong Kong between 2021 and 2022 were China ($665k), India ($413k), and New Zealand ($21.5k).

COMPANIES In 2023, leading companies such as Cloud Network Technology (1.2k), Panasonic (659), and John Deere (460) were at the forefront of shipping Products of tobacco, substitute nes, extract, essence from Hong Kong to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.23M
IMPORTS (2022)$1.2M
NET TRADE (2022)$2.02M

In 2022, Hong Kong exported $3.23M in Products of tobacco, substitute nes, extract, essence. The main destinations of Hong Kong exports on Products of tobacco, substitute nes, extract, essence were Bulgaria ($2.09M), Netherlands ($534k), Germany ($326k), France ($118k), and Latvia ($50.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Products of tobacco, substitute nes, extract, essence EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Bulgaria$2.09M (1%)
Netherlands$534k (1%)
Germany$326k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Products of tobacco, substitute nes, extract, essence BY Hong Kong WERE (2021 - 2022):
Hungary-$57.1k (-60.4%)
Indonesia-$52.1k (-77.2%)
Iceland-$43.2k (-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 Products of tobacco, substitute nes, extract, essence were:
In 2022, Hong Kong's main importing competitors in Products of tobacco, substitute nes, extract, essence were:

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Trade Value of Products of tobacco, substitute nes, extract, essence by Exporters

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