2022
Exports
$281kWorld Rnk 68 / 146
Flag Rnk 1007 / 1177
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$17.9MWorld Rnk 43 / 218
Flag Rnk 591 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $281k in Pure Olive Oil, making it the 68th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 1007th most exported product in Hong Kong. The main destination of Pure Olive Oil exports from Hong Kong are: Macau ($105k), Indonesia ($65.2k), China ($30.4k), Philippines ($22.9k), and Singapore ($19.1k).

The fastest growing export markets for Pure Olive Oil of Hong Kong between 2021 and 2022 were Indonesia ($43.1k), Philippines ($14.3k), and Thailand ($11k).

Imports In 2022, Hong Kong imported $17.9M in Pure Olive Oil, becoming the 43rd largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 591st most imported product in Hong Kong. Hong Kong imports Pure Olive Oil primarily from: Italy ($12M), Spain ($4.64M), United States ($238k), Greece ($153k), and Turkey ($107k).

The fastest growing import markets in Pure Olive Oil for Hong Kong between 2021 and 2022 were Spain ($2.4M), Italy ($1.93M), and United States ($104k).

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 Pure Olive Oil. 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)$281k
IMPORTS (2022)$17.9M
NET TRADE (2022)-$17.6M

In 2022, Hong Kong exported $281k in Pure Olive Oil. The main destinations of Hong Kong exports on Pure Olive Oil were Macau ($105k), Indonesia ($65.2k), China ($30.4k), Philippines ($22.9k), and Singapore ($19.1k).

In 2022, Hong Kong imported $17.9M in Pure Olive Oil, mainly from Italy ($12M), Spain ($4.64M), United States ($238k), Greece ($153k), and Turkey ($107k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Indonesia$43.1k (196%)
Philippines$14.3k (168%)
Thailand$11k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Hong Kong WERE (2021 - 2022):
China-$128k (-80.8%)
Brunei-$9.55k (-100%)
Malaysia-$7.9k (-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 Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Hong Kong's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $66k
TOP IMPORT POTENTIALSpain+ $1.07M

Pure Olive Oil’s highest export potential is China. With an export gap of $66k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $1.07M.

See methodology.

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