2022
Exports
$2.03MWorld Rnk 53 / 113
Flag Rnk 782 / 1177
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$41.8MWorld Rnk 33 / 208
Flag Rnk 429 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $2.03M in Rapeseed Oil, making it the 53rd largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 782nd most exported product in Hong Kong. The main destination of Rapeseed Oil exports from Hong Kong are: Macau ($1.95M), Canada ($43.5k), United States ($20.9k), United Kingdom ($9.72k), and Philippines ($6.15k).

The fastest growing export markets for Rapeseed Oil of Hong Kong between 2021 and 2022 were United States ($9.71k), Canada ($7.24k), and Philippines ($6.15k).

Imports In 2022, Hong Kong imported $41.8M in Rapeseed Oil, becoming the 33rd largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 429th most imported product in Hong Kong. Hong Kong imports Rapeseed Oil primarily from: United Arab Emirates ($22.1M), Canada ($13.5M), China ($3.03M), Malaysia ($2.16M), and Turkey ($373k).

The fastest growing import markets in Rapeseed Oil for Hong Kong between 2021 and 2022 were United Arab Emirates ($6.01M), Canada ($1.24M), and Malaysia ($744k).

Latest Trends

Sep 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 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 (2022)$2.03M
IMPORTS (2022)$41.8M
NET TRADE (2022)-$39.8M

In 2022, Hong Kong exported $2.03M in Rapeseed Oil. The main destinations of Hong Kong exports on Rapeseed Oil were Macau ($1.95M), Canada ($43.5k), United States ($20.9k), United Kingdom ($9.72k), and Philippines ($6.15k).

In 2022, Hong Kong imported $41.8M in Rapeseed Oil, mainly from United Arab Emirates ($22.1M), Canada ($13.5M), China ($3.03M), Malaysia ($2.16M), and Turkey ($373k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$9.71k (86.9%)
Canada$7.24k (20%)
Philippines$6.15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Hong Kong WERE (2021 - 2022):
Macau-$118k (-5.7%)
China-$89.2k (-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 Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, 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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