2022
Exports
$572MWorld Rnk 36 / 217
Flag Rnk 19 / 96
2022
PRODUCT COMPLEXITY IN Beverages, spirits, & vinegar
0.2Rnk 488 / 1025
2022
Imports
$2.72BWorld Rnk 11 / 225
Flag Rnk 18 / 96
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $572M in Beverages, spirits, & vinegar, making it the 36th largest exporter of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 19th most exported product in Hong Kong. The main destination of Beverages, spirits, & vinegar exports from Hong Kong are: China ($322M), Macau ($98.5M), Denmark ($17.2M), Vietnam ($16.8M), and United States ($12.2M).

The fastest growing export markets for Beverages, spirits, & vinegar of Hong Kong between 2021 and 2022 were Macau ($23.6M), Russia ($7.01M), and Cambodia ($6.71M).

Imports In 2022, Hong Kong imported $2.72B in Beverages, spirits, & vinegar, becoming the 11th largest importer of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 18th most imported product in Hong Kong. Hong Kong imports Beverages, spirits, & vinegar primarily from: China ($1.06B), France ($416M), United Kingdom ($239M), Singapore ($205M), and Japan ($136M).

The fastest growing import markets in Beverages, spirits, & vinegar for Hong Kong between 2021 and 2022 were China ($73.7M), Vietnam ($13.7M), and Thailand ($9.48M).

COMPANIES In 2023, leading companies such as Walong Marketing (50) and Conair (2) were at the forefront of shipping Beverages, spirits, & vinegar 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 Beverages, spirits, & vinegar. 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)$572M
IMPORTS (2022)$2.72B
NET TRADE (2022)-$2.15B

In 2022, Hong Kong exported $572M in Beverages, spirits, & vinegar. The main destinations of Hong Kong exports on Beverages, spirits, & vinegar were China ($322M), Macau ($98.5M), Denmark ($17.2M), Vietnam ($16.8M), and United States ($12.2M).

In 2022, Hong Kong imported $2.72B in Beverages, spirits, & vinegar, mainly from China ($1.06B), France ($416M), United Kingdom ($239M), Singapore ($205M), and Japan ($136M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beverages, spirits, & vinegar EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Macau$23.6M (31.5%)
Russia$7.01M (136%)
Cambodia$6.71M (252%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beverages, spirits, & vinegar BY Hong Kong WERE (2021 - 2022):
China-$58.8M (-15.4%)
Vietnam-$28.8M (-63.2%)
Chinese Taipei-$2.73M (-36.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Beverages, spirits, & vinegar were:
France $22.4B
Italy $12.6B
Mexico $11.8B
In 2022, Hong Kong's main importing competitors in Beverages, spirits, & vinegar were:

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Trade Value of Beverages, spirits, & vinegar by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $47M
TOP IMPORT POTENTIALItaly+ $21.2M

Beverages, spirits, & vinegar’s highest export potential is China. With an export gap of $47M.   Beverages, spirits, & vinegar’s highest import potential is Italy with an import gap of $21.2M.

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