2022
Exports
$5.2MWorld Rnk 58 / 146
Flag Rnk 625 / 1177
2022
PRODUCT COMPLEXITY IN Processed Tobacco
-0.82Rnk 782 / 1025
2022
Imports
$13.6MWorld Rnk 82 / 212
Flag Rnk 651 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $5.2M in Processed Tobacco, making it the 58th largest exporter of Processed Tobacco in the world. At the same year, Processed Tobacco was the 625th most exported product in Hong Kong. The main destination of Processed Tobacco exports from Hong Kong are: Bulgaria ($2.09M), Macau ($694k), Netherlands ($534k), Vietnam ($531k), and Malaysia ($352k).

The fastest growing export markets for Processed Tobacco of Hong Kong between 2021 and 2022 were Bulgaria ($2.09M), Macau ($626k), and Netherlands ($534k).

Imports In 2022, Hong Kong imported $13.6M in Processed Tobacco, becoming the 82nd largest importer of Processed Tobacco in the world. At the same year, Processed Tobacco was the 651st most imported product in Hong Kong. Hong Kong imports Processed Tobacco primarily from: United Arab Emirates ($2.97M), China ($2.55M), South Africa ($1.84M), Denmark ($1.31M), and Vietnam ($668k).

The fastest growing import markets in Processed Tobacco for Hong Kong between 2021 and 2022 were South Africa ($1.84M), India ($520k), and Vietnam ($458k).

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 Processed Tobacco. 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)$5.2M
IMPORTS (2022)$13.6M
NET TRADE (2022)-$8.43M

In 2022, Hong Kong exported $5.2M in Processed Tobacco. The main destinations of Hong Kong exports on Processed Tobacco were Bulgaria ($2.09M), Macau ($694k), Netherlands ($534k), Vietnam ($531k), and Malaysia ($352k).

In 2022, Hong Kong imported $13.6M in Processed Tobacco, mainly from United Arab Emirates ($2.97M), China ($2.55M), South Africa ($1.84M), Denmark ($1.31M), and Vietnam ($668k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Tobacco EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Bulgaria$2.09M (1%)
Macau$626k (925%)
Netherlands$534k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Tobacco BY Hong Kong WERE (2021 - 2022):
Vietnam-$1.46M (-73.4%)
United Arab Emirates-$517k (-99.7%)
Egypt-$134k (-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 Processed Tobacco were:
In 2022, Hong Kong's main importing competitors in Processed Tobacco were:
Japan $1.75B

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Trade Value of Processed Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $106k
TOP IMPORT POTENTIALChina+ $849k

Processed Tobacco’s highest export potential is Japan. With an export gap of $106k.   Processed Tobacco’s highest import potential is China with an import gap of $849k.

See methodology.

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