2023
Exports
$3.42MWorld Rnk 80 / 176
Flag Rnk 674 / 1181
2023
PRODUCT COMPLEXITY IN Cheese
-0.12Rnk 596 / 1025
2023
Imports
$102MWorld Rnk 59 / 225
Flag Rnk 274 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $3.42M in Cheese, making it the 80th largest exporter of Cheese in the world. At the same year, Cheese was the 674th most exported product in Hong Kong. The main destination of Cheese exports from Hong Kong are: Macau ($3.18M), China ($124k), Cyprus ($53.3k), Singapore ($42.5k), and Thailand ($9.57k).

The fastest growing export markets for Cheese of Hong Kong between 2022 and 2023 were Cyprus ($53.3k), Bahamas ($5.71k), and Cambodia ($1.73k).

Imports In 2023, Hong Kong imported $102M in Cheese, becoming the 59th largest importer of Cheese in the world. At the same year, Cheese was the 274th most imported product in Hong Kong. Hong Kong imports Cheese primarily from: New Zealand ($22.4M), Australia ($11.5M), United Kingdom ($10.9M), Italy ($10.5M), and United States ($10M).

The fastest growing import markets in Cheese for Hong Kong between 2022 and 2023 were Belgium ($2.37M), United Kingdom ($1.47M), and Italy ($1.24M).

Latest Trends

Dec 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 Cheese. 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 (2023)$3.42M
IMPORTS (2023)$102M
NET TRADE (2023)-$98.3M

In 2023, Hong Kong exported $3.42M in Cheese. The main destinations of Hong Kong exports on Cheese were Macau ($3.18M), China ($124k), Cyprus ($53.3k), Singapore ($42.5k), and Thailand ($9.57k).

In 2023, Hong Kong imported $102M in Cheese, mainly from New Zealand ($22.4M), Australia ($11.5M), United Kingdom ($10.9M), Italy ($10.5M), and United States ($10M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Cyprus$53.3k (1%)
Bahamas$5.71k (1.87k%)
Cambodia$1.73k (175%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Hong Kong WERE (2022 - 2023):
Macau-$2.99M (-48.5%)
China-$228k (-64.8%)
Philippines-$21.1k (-98.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Cheese were:
In 2023, Hong Kong's main importing competitors in Cheese were:
Germany $5.58B
France $3.02B
Italy $2.84B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $445k
TOP IMPORT POTENTIALItaly+ $3.33M

Cheese’s highest export potential is China. With an export gap of $445k.   Cheese’s highest import potential is Italy with an import gap of $3.33M.

See methodology.

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