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Exports In 2022, Hong Kong exported $15.3k in Olive Oil, making it the 60th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1131st most exported product in Hong Kong. The main destination of Olive Oil exports from Hong Kong are: Macau ($8.32k), Philippines ($6.57k), Canada ($203), and Netherlands ($161).

The fastest growing export markets for Olive Oil of Hong Kong between 2021 and 2022 were Philippines ($6.57k), Canada ($203), and Netherlands ($161).

Imports In 2022, Hong Kong imported $2.89M in Olive Oil, becoming the 36th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 906th most imported product in Hong Kong. Hong Kong imports Olive Oil primarily from: Italy ($2.19M), Spain ($611k), Turkey ($24.1k), Australia ($23.3k), and United States ($21.2k).

The fastest growing import markets in Olive Oil for Hong Kong between 2021 and 2022 were Italy ($170k), Spain ($118k), and Australia ($23k).

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 Olive Oil. 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)$15.3k
IMPORTS (2022)$2.89M
NET TRADE (2022)-$2.87M

In 2022, Hong Kong exported $15.3k in Olive Oil. The main destinations of Hong Kong exports on Olive Oil were Macau ($8.32k), Philippines ($6.57k), Canada ($203), and Netherlands ($161).

In 2022, Hong Kong imported $2.89M in Olive Oil, mainly from Italy ($2.19M), Spain ($611k), Turkey ($24.1k), Australia ($23.3k), and United States ($21.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Philippines$6.57k (1%)
Canada$203 (1%)
Netherlands$161 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Hong Kong WERE (2021 - 2022):
Macau-$1.81k (-17.8%)
Thailand-$185 (-100%)
Seychelles-$95 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Hong Kong's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $405
TOP IMPORT POTENTIALSpain+ $78.5k

Olive Oil’s highest export potential is China. With an export gap of $405.   Olive Oil’s highest import potential is Spain with an import gap of $78.5k.

See methodology.

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