2022
Exports
$4.51MWorld Rnk 64 / 186
Flag Rnk 661 / 1177
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-0.9Rnk 810 / 1025
2022
Imports
$34.6MWorld Rnk 39 / 221
Flag Rnk 469 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $4.51M in Other Pure Vegetable Oils, making it the 64th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 661st most exported product in Hong Kong. The main destination of Other Pure Vegetable Oils exports from Hong Kong are: China ($1.46M), Macau ($1.15M), United Kingdom ($391k), Netherlands ($286k), and Australia ($266k).

The fastest growing export markets for Other Pure Vegetable Oils of Hong Kong between 2021 and 2022 were China ($426k), Singapore ($82.3k), and United States ($51.6k).

Imports In 2022, Hong Kong imported $34.6M in Other Pure Vegetable Oils, becoming the 39th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 469th most imported product in Hong Kong. Hong Kong imports Other Pure Vegetable Oils primarily from: China ($14.2M), Thailand ($4.81M), Japan ($4.12M), Malaysia ($1.57M), and South Korea ($1.33M).

The fastest growing import markets in Other Pure Vegetable Oils for Hong Kong between 2021 and 2022 were Spain ($1.12M), Thailand ($1.12M), and India ($479k).

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 Other Pure Vegetable Oils. 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)$4.51M
IMPORTS (2022)$34.6M
NET TRADE (2022)-$30.1M

In 2022, Hong Kong exported $4.51M in Other Pure Vegetable Oils. The main destinations of Hong Kong exports on Other Pure Vegetable Oils were China ($1.46M), Macau ($1.15M), United Kingdom ($391k), Netherlands ($286k), and Australia ($266k).

In 2022, Hong Kong imported $34.6M in Other Pure Vegetable Oils, mainly from China ($14.2M), Thailand ($4.81M), Japan ($4.12M), Malaysia ($1.57M), and South Korea ($1.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$426k (41.2%)
Singapore$82.3k (56.7%)
United States$51.6k (65.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Hong Kong WERE (2021 - 2022):
Netherlands-$408k (-58.8%)
Malaysia-$158k (-99.2%)
Germany-$99k (-78.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Other Pure Vegetable Oils were:
In 2022, Hong Kong's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.38M
TOP IMPORT POTENTIALIndia+ $2.06M

Other Pure Vegetable Oils’s highest export potential is China. With an export gap of $1.38M.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $2.06M.

See methodology.

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