2022
Exports
$20.7MWorld Rnk 65 / 196
Flag Rnk 334 / 1177
2022
PRODUCT COMPLEXITY IN Chocolate
0.14Rnk 508 / 1025
2022
Imports
$263MWorld Rnk 31 / 225
Flag Rnk 163 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $20.7M in Chocolate, making it the 65th largest exporter of Chocolate in the world. At the same year, Chocolate was the 334th most exported product in Hong Kong. The main destination of Chocolate exports from Hong Kong are: Chinese Taipei ($8.25M), China ($3.76M), Malaysia ($2.82M), Japan ($1.41M), and Macau ($1.25M).

The fastest growing export markets for Chocolate of Hong Kong between 2021 and 2022 were Malaysia ($1.67M), Chinese Taipei ($1.42M), and Guam ($600k).

Imports In 2022, Hong Kong imported $263M in Chocolate, becoming the 31st largest importer of Chocolate in the world. At the same year, Chocolate was the 163rd most imported product in Hong Kong. Hong Kong imports Chocolate primarily from: China ($52M), Italy ($48.7M), United States ($22.2M), Netherlands ($18.4M), and Singapore ($16.4M).

The fastest growing import markets in Chocolate for Hong Kong between 2021 and 2022 were Belgium ($3.71M), Turkey ($3.54M), and United Kingdom ($3.49M).

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 Chocolate. 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)$20.7M
IMPORTS (2022)$263M
NET TRADE (2022)-$242M

In 2022, Hong Kong exported $20.7M in Chocolate. The main destinations of Hong Kong exports on Chocolate were Chinese Taipei ($8.25M), China ($3.76M), Malaysia ($2.82M), Japan ($1.41M), and Macau ($1.25M).

In 2022, Hong Kong imported $263M in Chocolate, mainly from China ($52M), Italy ($48.7M), United States ($22.2M), Netherlands ($18.4M), and Singapore ($16.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Malaysia$1.67M (145%)
Chinese Taipei$1.42M (20.9%)
Guam$600k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Hong Kong WERE (2021 - 2022):
Japan-$10.5M (-88.1%)
United States-$3.79M (-82.8%)
Philippines-$409k (-65.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Hong Kong's main importing competitors in Chocolate were:

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.7M
TOP IMPORT POTENTIALGermany+ $5.92M

Chocolate’s highest export potential is China. With an export gap of $1.7M.   Chocolate’s highest import potential is Germany with an import gap of $5.92M.

See methodology.

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