2022
Exports
$22.4MWorld Rnk 59 / 195
Flag Rnk 322 / 1177
2022
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.72Rnk 763 / 1025
2022
Imports
$97.6MWorld Rnk 38 / 224
Flag Rnk 291 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $22.4M in Confectionery Sugar, making it the 59th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 322nd most exported product in Hong Kong. The main destination of Confectionery Sugar exports from Hong Kong are: China ($6.15M), Macau ($3.97M), United States ($2.59M), Netherlands ($2.41M), and Israel ($1.27M).

The fastest growing export markets for Confectionery Sugar of Hong Kong between 2021 and 2022 were Netherlands ($667k), United States ($462k), and Qatar ($379k).

Imports In 2022, Hong Kong imported $97.6M in Confectionery Sugar, becoming the 38th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 291st most imported product in Hong Kong. Hong Kong imports Confectionery Sugar primarily from: Japan ($22.1M), China ($19.4M), Germany ($16.4M), Thailand ($7.53M), and Chinese Taipei ($6.74M).

The fastest growing import markets in Confectionery Sugar for Hong Kong between 2021 and 2022 were Chinese Taipei ($2.4M), Germany ($2.12M), and United States ($578k).

Latest Trends

Sep 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 Confectionery Sugar. 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)$22.4M
IMPORTS (2022)$97.6M
NET TRADE (2022)-$75.1M

In 2022, Hong Kong exported $22.4M in Confectionery Sugar. The main destinations of Hong Kong exports on Confectionery Sugar were China ($6.15M), Macau ($3.97M), United States ($2.59M), Netherlands ($2.41M), and Israel ($1.27M).

In 2022, Hong Kong imported $97.6M in Confectionery Sugar, mainly from Japan ($22.1M), China ($19.4M), Germany ($16.4M), Thailand ($7.53M), and Chinese Taipei ($6.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Netherlands$667k (38.3%)
United States$462k (21.7%)
Qatar$379k (318%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Hong Kong WERE (2021 - 2022):
United Kingdom-$1.44M (-55.6%)
Macau-$1.32M (-24.9%)
China-$1.18M (-16.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Hong Kong's main importing competitors in Confectionery Sugar were:

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.73M
TOP IMPORT POTENTIALChina+ $9.96M

Confectionery Sugar’s highest export potential is China. With an export gap of $2.73M.   Confectionery Sugar’s highest import potential is China with an import gap of $9.96M.

See methodology.

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