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Exports In 2022, Hong Kong exported $1.35M in Turpentine, making it the 27th largest exporter of Turpentine in the world. At the same year, Turpentine was the 848th most exported product in Hong Kong. The main destination of Turpentine exports from Hong Kong are: India ($1.26M), China ($73.6k), Macau ($10.7k), Singapore ($6k), and Bahamas ($342).

The fastest growing export markets for Turpentine of Hong Kong between 2021 and 2022 were China ($65.6k), Singapore ($6k), and Bahamas ($342).

Imports In 2022, Hong Kong imported $985k in Turpentine, becoming the 35th largest importer of Turpentine in the world. At the same year, Turpentine was the 1028th most imported product in Hong Kong. Hong Kong imports Turpentine primarily from: China ($959k), Singapore ($21.2k), India ($1.94k), South Korea ($892), and France ($843).

The fastest growing import markets in Turpentine for Hong Kong between 2021 and 2022 were France ($835), Singapore ($506), and Belgium ($113).

COMPANIES In 2023, leading companies such as Cinmar (8) were at the forefront of shipping Turpentine from Hong Kong to the United States.

Latest Trends

Nov 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 Turpentine. 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)$1.35M
IMPORTS (2022)$985k
NET TRADE (2022)$367k

In 2022, Hong Kong exported $1.35M in Turpentine. The main destinations of Hong Kong exports on Turpentine were India ($1.26M), China ($73.6k), Macau ($10.7k), Singapore ($6k), and Bahamas ($342).

In 2022, Hong Kong imported $985k in Turpentine, mainly from China ($959k), Singapore ($21.2k), India ($1.94k), South Korea ($892), and France ($843).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$65.6k (821%)
Singapore$6k (1%)
Bahamas$342 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Hong Kong WERE (2021 - 2022):
India-$108k (-7.86%)
Macau-$4.32k (-28.8%)
Papua New Guinea-$99 (-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 Turpentine were:
In 2022, Hong Kong's main importing competitors in Turpentine were:

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $95.2k
TOP IMPORT POTENTIALIndia+ $8.15k

Turpentine’s highest export potential is China. With an export gap of $95.2k.   Turpentine’s highest import potential is India with an import gap of $8.15k.

See methodology.

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