2023
Exports
$3.71MWorld Rnk 63 / 137
Flag Rnk 660 / 1181
falsefalse Macau
2023
PRODUCT COMPLEXITY IN Soybean Oil
-0.85Rnk 795 / 1025
2023
Imports
$69MWorld Rnk 37 / 212
Flag Rnk 325 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $3.71M in Soybean Oil, making it the 63rd largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 660th most exported product in Hong Kong. The main destination of Soybean Oil exports from Hong Kong are: Macau ($2.61M), Fiji ($339k), China ($311k), Guam ($202k), and Northern Mariana Islands ($164k).

Imports In 2023, Hong Kong imported $69M in Soybean Oil, becoming the 37th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 325th most imported product in Hong Kong. Hong Kong imports Soybean Oil primarily from: China ($39.8M), Thailand ($20M), Argentina ($3.1M), Chinese Taipei ($2.85M), and Malaysia ($1.85M).

The fastest growing import markets in Soybean Oil for Hong Kong between 2022 and 2023 were Argentina ($3.1M), Thailand ($2.33M), and Malaysia ($1.27M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Soybean Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$3.71M
IMPORTS (2023)$69M
NET TRADE (2023)-$65.3M

In 2023, Hong Kong exported $3.71M in Soybean Oil. The main destinations of Hong Kong exports on Soybean Oil were Macau ($2.61M), Fiji ($339k), China ($311k), Guam ($202k), and Northern Mariana Islands ($164k).

In 2023, Hong Kong imported $69M in Soybean Oil, mainly from China ($39.8M), Thailand ($20M), Argentina ($3.1M), Chinese Taipei ($2.85M), and Malaysia ($1.85M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Hong Kong's main exporting competitors in Soybean Oil were:
In 2023, Hong Kong's main importing competitors in Soybean Oil were:

Explore Visualizations

Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $373k
TOP IMPORT POTENTIALUnited States+ $1.56M

Soybean Oil’s highest export potential is China. With an export gap of $373k.   Soybean Oil’s highest import potential is United States with an import gap of $1.56M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with