2022
Exports
$423MWorld Rnk 53 / 214
Flag Rnk 33 / 96
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$1.05BWorld Rnk 52 / 225
Flag Rnk 36 / 96
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $423M in Organic chemicals, making it the 53rd largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 33rd most exported product in Hong Kong. The main destination of Organic chemicals exports from Hong Kong are: India ($115M), Israel ($52M), China ($39.6M), Germany ($21.1M), and Nigeria ($20.1M).

The fastest growing export markets for Organic chemicals of Hong Kong between 2021 and 2022 were Israel ($14.9M), Hungary ($6.68M), and Brazil ($4.61M).

Imports In 2022, Hong Kong imported $1.05B in Organic chemicals, becoming the 52nd largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 36th most imported product in Hong Kong. Hong Kong imports Organic chemicals primarily from: China ($385M), South Korea ($263M), United States ($107M), Chinese Taipei ($72M), and India ($32.4M).

The fastest growing import markets in Organic chemicals for Hong Kong between 2021 and 2022 were China ($127M), United States ($23.1M), and Chinese Taipei ($17.6M).

COMPANIES In 2023, leading companies such as John Deere (32), Key Tronic (23), and Wistron (14) were at the forefront of shipping Organic chemicals from Hong Kong to the United States.

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 Organic chemicals. 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)$423M
IMPORTS (2022)$1.05B
NET TRADE (2022)-$624M

In 2022, Hong Kong exported $423M in Organic chemicals. The main destinations of Hong Kong exports on Organic chemicals were India ($115M), Israel ($52M), China ($39.6M), Germany ($21.1M), and Nigeria ($20.1M).

In 2022, Hong Kong imported $1.05B in Organic chemicals, mainly from China ($385M), South Korea ($263M), United States ($107M), Chinese Taipei ($72M), and India ($32.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Israel$14.9M (40.1%)
Hungary$6.68M (120%)
Brazil$4.61M (31.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Hong Kong WERE (2021 - 2022):
China-$29.4M (-42.6%)
Iran-$25.2M (-99.2%)
India-$23.2M (-16.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $43.5M
TOP IMPORT POTENTIALChina+ $154M

Organic chemicals’s highest export potential is China. With an export gap of $43.5M.   Organic chemicals’s highest import potential is China with an import gap of $154M.

See methodology.

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