2022
Exports
$341MWorld Rnk 17 / 203
Flag Rnk 52 / 1177
2022
PRODUCT COMPLEXITY IN Hard Liquor
-0.52Rnk 708 / 1025
2022
Imports
$516MWorld Rnk 18 / 224
Flag Rnk 96 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $341M in Hard Liquor, making it the 17th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 52nd most exported product in Hong Kong. The main destination of Hard Liquor exports from Hong Kong are: China ($218M), Macau ($70.5M), Vietnam ($14.3M), Russia ($10.4M), and Malaysia ($5.47M).

The fastest growing export markets for Hard Liquor of Hong Kong between 2021 and 2022 were Macau ($21.3M), Russia ($5.71M), and Malaysia ($5.21M).

Imports In 2022, Hong Kong imported $516M in Hard Liquor, becoming the 18th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 96th most imported product in Hong Kong. Hong Kong imports Hard Liquor primarily from: China ($218M), Singapore ($119M), United Kingdom ($40.3M), Japan ($27.6M), and France ($24.8M).

The fastest growing import markets in Hard Liquor for Hong Kong between 2021 and 2022 were China ($52.2M), Vietnam ($18.2M), and Thailand ($13.2M).

Latest Trends

Aug 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 Hard Liquor. 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)$341M
IMPORTS (2022)$516M
NET TRADE (2022)-$175M

In 2022, Hong Kong exported $341M in Hard Liquor. The main destinations of Hong Kong exports on Hard Liquor were China ($218M), Macau ($70.5M), Vietnam ($14.3M), Russia ($10.4M), and Malaysia ($5.47M).

In 2022, Hong Kong imported $516M in Hard Liquor, mainly from China ($218M), Singapore ($119M), United Kingdom ($40.3M), Japan ($27.6M), and France ($24.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Macau$21.3M (43.1%)
Russia$5.71M (122%)
Malaysia$5.21M (2.01k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Hong Kong WERE (2021 - 2022):
China-$68.8M (-24%)
Vietnam-$28.6M (-66.7%)
Chinese Taipei-$4.38M (-80.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Hard Liquor were:
In 2022, Hong Kong's main importing competitors in Hard Liquor were:

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.8M
TOP IMPORT POTENTIALFrance+ $9.08M

Hard Liquor’s highest export potential is China. With an export gap of $24.8M.   Hard Liquor’s highest import potential is France with an import gap of $9.08M.

See methodology.

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