2022
Exports
$2.85MWorld Rnk 62 / 168
Flag Rnk 737 / 1177
2022
PRODUCT COMPLEXITY IN Onions
-2.01Rnk 1003 / 1025
2022
Imports
$27.4MWorld Rnk 46 / 219
Flag Rnk 519 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $2.85M in Onions, making it the 62nd largest exporter of Onions in the world. At the same year, Onions was the 737th most exported product in Hong Kong. The main destination of Onions exports from Hong Kong are: Philippines ($1.24M), Fiji ($739k), Israel ($676k), Malaysia ($57.5k), and China ($54.5k).

The fastest growing export markets for Onions of Hong Kong between 2021 and 2022 were Philippines ($1.02M), Fiji ($191k), and Malaysia ($54.5k).

Imports In 2022, Hong Kong imported $27.4M in Onions, becoming the 46th largest importer of Onions in the world. At the same year, Onions was the 519th most imported product in Hong Kong. Hong Kong imports Onions primarily from: China ($23M), New Zealand ($1.45M), Australia ($745k), Japan ($725k), and Netherlands ($492k).

The fastest growing import markets in Onions for Hong Kong between 2021 and 2022 were China ($12.5M), United Kingdom ($57.7k), and South Korea ($46.2k).

Latest Trends

Nov 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 Onions. 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)$2.85M
IMPORTS (2022)$27.4M
NET TRADE (2022)-$24.5M

In 2022, Hong Kong exported $2.85M in Onions. The main destinations of Hong Kong exports on Onions were Philippines ($1.24M), Fiji ($739k), Israel ($676k), Malaysia ($57.5k), and China ($54.5k).

In 2022, Hong Kong imported $27.4M in Onions, mainly from China ($23M), New Zealand ($1.45M), Australia ($745k), Japan ($725k), and Netherlands ($492k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Onions EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Philippines$1.02M (462%)
Fiji$191k (34.8%)
Malaysia$54.5k (1.79k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Onions BY Hong Kong WERE (2021 - 2022):
Israel-$243k (-26.4%)
Indonesia-$122k (-100%)
China-$24.1k (-30.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Onions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $85.1k
TOP IMPORT POTENTIALChina+ $6.57M

Onions’s highest export potential is Vietnam. With an export gap of $85.1k.   Onions’s highest import potential is China with an import gap of $6.57M.

See methodology.

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