2022
Exports
$5.27MWorld Rnk 62 / 176
Flag Rnk 621 / 1177
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$240MWorld Rnk 46 / 221
Flag Rnk 175 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $5.27M in Rice, making it the 62nd largest exporter of Rice in the world. At the same year, Rice was the 621st most exported product in Hong Kong. The main destination of Rice exports from Hong Kong are: United States ($1.74M), Benin ($1.48M), Macau ($1.3M), Norway ($292k), and Singapore ($164k).

The fastest growing export markets for Rice of Hong Kong between 2021 and 2022 were Benin ($1.1M), United States ($257k), and Norway ($210k).

Imports In 2022, Hong Kong imported $240M in Rice, becoming the 46th largest importer of Rice in the world. At the same year, Rice was the 175th most imported product in Hong Kong. Hong Kong imports Rice primarily from: Thailand ($146M), Vietnam ($39.8M), Japan ($18M), China ($16M), and Cambodia ($6.17M).

The fastest growing import markets in Rice for Hong Kong between 2021 and 2022 were Burma ($366k), Pakistan ($190k), and Australia ($92.6k).

COMPANIES In 2023, leading companies such as ASOS (1) were at the forefront of shipping Rice 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 Rice. 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)$5.27M
IMPORTS (2022)$240M
NET TRADE (2022)-$235M

In 2022, Hong Kong exported $5.27M in Rice. The main destinations of Hong Kong exports on Rice were United States ($1.74M), Benin ($1.48M), Macau ($1.3M), Norway ($292k), and Singapore ($164k).

In 2022, Hong Kong imported $240M in Rice, mainly from Thailand ($146M), Vietnam ($39.8M), Japan ($18M), China ($16M), and Cambodia ($6.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Benin$1.1M (286%)
United States$257k (17.3%)
Norway$210k (254%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Hong Kong WERE (2021 - 2022):
Zimbabwe-$291k (-100%)
South Africa-$225k (-71.4%)
China-$170k (-91.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Hong Kong's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $691k
TOP IMPORT POTENTIALChina+ $12.8M

Rice’s highest export potential is United States. With an export gap of $691k.   Rice’s highest import potential is China with an import gap of $12.8M.

See methodology.

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