2023
Exports
$2.53MWorld Rnk 50 / 117
Flag Rnk 726 / 1181
2023
PRODUCT COMPLEXITY IN Rapeseed Oil
0.16Rnk 502 / 1025
2023
Imports
$95.5MWorld Rnk 20 / 209
Flag Rnk 289 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $2.53M in Rapeseed Oil, making it the 50th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 726th most exported product in Hong Kong. The main destination of Rapeseed Oil exports from Hong Kong are: Macau ($2.4M), Canada ($54.5k), United Kingdom ($23.9k), United States ($19.3k), and China ($18.4k).

The fastest growing export markets for Rapeseed Oil of Hong Kong between 2022 and 2023 were Macau ($606k), China ($18.4k), and United Kingdom ($14.2k).

Imports In 2023, Hong Kong imported $95.5M in Rapeseed Oil, becoming the 20th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 289th most imported product in Hong Kong. Hong Kong imports Rapeseed Oil primarily from: Netherlands ($45.9M), United Arab Emirates ($27.5M), Malaysia ($9.3M), China ($7.51M), and Ukraine ($2.29M).

The fastest growing import markets in Rapeseed Oil for Hong Kong between 2022 and 2023 were Netherlands ($45.9M), United Arab Emirates ($5.79M), and China ($4.27M).

Latest Trends

Jan 2025

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 Rapeseed 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 (2023)$2.53M
IMPORTS (2023)$95.5M
NET TRADE (2023)-$93M

In 2023, Hong Kong exported $2.53M in Rapeseed Oil. The main destinations of Hong Kong exports on Rapeseed Oil were Macau ($2.4M), Canada ($54.5k), United Kingdom ($23.9k), United States ($19.3k), and China ($18.4k).

In 2023, Hong Kong imported $95.5M in Rapeseed Oil, mainly from Netherlands ($45.9M), United Arab Emirates ($27.5M), Malaysia ($9.3M), China ($7.51M), and Ukraine ($2.29M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Macau$606k (33.8%)
China$18.4k (1%)
United Kingdom$14.2k (146%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Hong Kong WERE (2022 - 2023):
Japan-$2.92k (-100%)
Singapore-$2.74k (-72.9%)
United States-$1.56k (-7.46%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Rapeseed Oil were:
Canada $5.22B
Russia $1.59B
Germany $1.47B
In 2023, Hong Kong's main importing competitors in Rapeseed Oil were:

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $49.6k
TOP IMPORT POTENTIALCanada+ $1.23M

Rapeseed Oil’s highest export potential is United States. With an export gap of $49.6k.   Rapeseed Oil’s highest import potential is Canada with an import gap of $1.23M.

See methodology.

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