2022
Exports
$91.6kWorld Rnk 51 / 121
Flag Rnk 1082 / 1177
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$332kWorld Rnk 48 / 198
Flag Rnk 1108 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $91.6k in Vanilla, making it the 51st largest exporter of Vanilla in the world. At the same year, Vanilla was the 1082nd most exported product in Hong Kong. The main destination of Vanilla exports from Hong Kong are: Macau ($82.7k), China ($8.74k), and Canada ($118).

The fastest growing export markets for Vanilla of Hong Kong between 2021 and 2022 were Macau ($50.7k) and Canada ($42).

Imports In 2022, Hong Kong imported $332k in Vanilla, becoming the 48th largest importer of Vanilla in the world. At the same year, Vanilla was the 1108th most imported product in Hong Kong. Hong Kong imports Vanilla primarily from: France ($137k), Indonesia ($69.6k), Netherlands ($43k), Japan ($25.2k), and Papua New Guinea ($11k).

The fastest growing import markets in Vanilla for Hong Kong between 2021 and 2022 were Netherlands ($14.5k), China ($6.54k), and Japan ($5.38k).

Latest Trends

Aug 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 Vanilla. 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)$91.6k
IMPORTS (2022)$332k
NET TRADE (2022)-$240k

In 2022, Hong Kong exported $91.6k in Vanilla. The main destinations of Hong Kong exports on Vanilla were Macau ($82.7k), China ($8.74k), and Canada ($118).

In 2022, Hong Kong imported $332k in Vanilla, mainly from France ($137k), Indonesia ($69.6k), Netherlands ($43k), Japan ($25.2k), and Papua New Guinea ($11k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Macau$50.7k (158%)
Canada$42 (55.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Hong Kong WERE (2021 - 2022):
China-$111k (-92.7%)
Netherlands-$27.8k (-100%)
Papua New Guinea-$7.47k (-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 Vanilla were:
In 2022, Hong Kong's main importing competitors in Vanilla were:

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Trade Value of Vanilla by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.65k
TOP IMPORT POTENTIALIndonesia+ $34.7k

Vanilla’s highest export potential is China. With an export gap of $2.65k.   Vanilla’s highest import potential is Indonesia with an import gap of $34.7k.

See methodology.

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