2022
Exports
$5.41MWorld Rnk 54 / 148
Flag Rnk 613 / 1177
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$61.4MWorld Rnk 38 / 220
Flag Rnk 379 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $5.41M in Butter, making it the 54th largest exporter of Butter in the world. At the same year, Butter was the 613th most exported product in Hong Kong. The main destination of Butter exports from Hong Kong are: Macau ($4.87M), China ($259k), Singapore ($161k), Philippines ($118k), and Cambodia ($1.35k).

The fastest growing export markets for Butter of Hong Kong between 2021 and 2022 were Macau ($411k), Singapore ($161k), and Netherlands ($345).

Imports In 2022, Hong Kong imported $61.4M in Butter, becoming the 38th largest importer of Butter in the world. At the same year, Butter was the 379th most imported product in Hong Kong. Hong Kong imports Butter primarily from: New Zealand ($29.8M), France ($13.5M), Australia ($6M), Malaysia ($4.33M), and Denmark ($2M).

The fastest growing import markets in Butter for Hong Kong between 2021 and 2022 were New Zealand ($605k), France ($540k), and Denmark ($454k).

Latest Trends

Jul 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 Butter. 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)$5.41M
IMPORTS (2022)$61.4M
NET TRADE (2022)-$56M

In 2022, Hong Kong exported $5.41M in Butter. The main destinations of Hong Kong exports on Butter were Macau ($4.87M), China ($259k), Singapore ($161k), Philippines ($118k), and Cambodia ($1.35k).

In 2022, Hong Kong imported $61.4M in Butter, mainly from New Zealand ($29.8M), France ($13.5M), Australia ($6M), Malaysia ($4.33M), and Denmark ($2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Macau$411k (9.21%)
Singapore$161k (1%)
Netherlands$345 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Hong Kong WERE (2021 - 2022):
China-$281k (-52%)
Philippines-$70.2k (-37.3%)
Papua New Guinea-$401 (-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 Butter were:
In 2022, Hong Kong's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $406k
TOP IMPORT POTENTIALIndia+ $964k

Butter’s highest export potential is China. With an export gap of $406k.   Butter’s highest import potential is India with an import gap of $964k.

See methodology.

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