2022
Exports
$4.27MWorld Rnk 92 / 171
Flag Rnk 671 / 1177
2022
PRODUCT COMPLEXITY IN Raw Sugar
-1.78Rnk 979 / 1025
2022
Imports
$94.4MWorld Rnk 80 / 224
Flag Rnk 296 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $4.27M in Raw Sugar, making it the 92nd largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 671st most exported product in Hong Kong. The main destination of Raw Sugar exports from Hong Kong are: China ($2.3M), Macau ($933k), United States ($256k), Sri Lanka ($116k), and Benin ($93.7k).

The fastest growing export markets for Raw Sugar of Hong Kong between 2021 and 2022 were United States ($118k), Sri Lanka ($116k), and Benin ($93.7k).

Imports In 2022, Hong Kong imported $94.4M in Raw Sugar, becoming the 80th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 296th most imported product in Hong Kong. Hong Kong imports Raw Sugar primarily from: South Korea ($44.2M), Thailand ($25M), China ($15.2M), Malaysia ($2.55M), and Chinese Taipei ($1.98M).

The fastest growing import markets in Raw Sugar for Hong Kong between 2021 and 2022 were Thailand ($9.87M), Malaysia ($882k), and Indonesia ($482k).

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 Raw Sugar. 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)$4.27M
IMPORTS (2022)$94.4M
NET TRADE (2022)-$90.2M

In 2022, Hong Kong exported $4.27M in Raw Sugar. The main destinations of Hong Kong exports on Raw Sugar were China ($2.3M), Macau ($933k), United States ($256k), Sri Lanka ($116k), and Benin ($93.7k).

In 2022, Hong Kong imported $94.4M in Raw Sugar, mainly from South Korea ($44.2M), Thailand ($25M), China ($15.2M), Malaysia ($2.55M), and Chinese Taipei ($1.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$118k (85.8%)
Sri Lanka$116k (275k%)
Benin$93.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Hong Kong WERE (2021 - 2022):
China-$2.08M (-47.4%)
Gambia-$557k (-100%)
Thailand-$357k (-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 Raw Sugar were:
Brazil $11.5B
India $6.03B
In 2022, Hong Kong's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.74M
TOP IMPORT POTENTIALThailand+ $2.4M

Raw Sugar’s highest export potential is China. With an export gap of $2.74M.   Raw Sugar’s highest import potential is Thailand with an import gap of $2.4M.

See methodology.

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