2023
Exports
$53.3MWorld Rnk 53 / 202
Flag Rnk 187 / 1181
2023
PRODUCT COMPLEXITY IN Chocolate
0.3Rnk 459 / 1025
2023
Imports
$362MWorld Rnk 24 / 225
Flag Rnk 120 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $53.3M in Chocolate, making it the 53rd largest exporter of Chocolate in the world. At the same year, Chocolate was the 187th most exported product in Hong Kong. The main destination of Chocolate exports from Hong Kong are: South Korea ($18.6M), Chinese Taipei ($11.4M), Japan ($9.51M), China ($3.71M), and Malaysia ($1.8M).

The fastest growing export markets for Chocolate of Hong Kong between 2022 and 2023 were South Korea ($18.6M), Japan ($8.1M), and Chinese Taipei ($3.12M).

Imports In 2023, Hong Kong imported $362M in Chocolate, becoming the 24th largest importer of Chocolate in the world. At the same year, Chocolate was the 120th most imported product in Hong Kong. Hong Kong imports Chocolate primarily from: China ($73.3M), Italy ($56.3M), Belgium ($38.5M), Netherlands ($34.3M), and Japan ($20.3M).

The fastest growing import markets in Chocolate for Hong Kong between 2022 and 2023 were China ($20.2M), Belgium ($14.4M), and Netherlands ($13.5M).

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 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 (2023)$53.3M
IMPORTS (2023)$362M
NET TRADE (2023)-$309M

In 2023, Hong Kong exported $53.3M in Chocolate. The main destinations of Hong Kong exports on Chocolate were South Korea ($18.6M), Chinese Taipei ($11.4M), Japan ($9.51M), China ($3.71M), and Malaysia ($1.8M).

In 2023, Hong Kong imported $362M in Chocolate, mainly from China ($73.3M), Italy ($56.3M), Belgium ($38.5M), Netherlands ($34.3M), and Japan ($20.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
South Korea$18.6M (88.1k%)
Japan$8.1M (575%)
Chinese Taipei$3.12M (37.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Hong Kong WERE (2022 - 2023):
Malaysia-$1.08M (-37.5%)
Macau-$193k (-19.7%)
Mongolia-$149k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Chocolate were:
Germany $6.26B
Belgium $4.09B
Italy $2.74B
In 2023, 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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