2023
Exports
$248kWorld Rnk 74 / 142
Flag Rnk 992 / 1181
2023
PRODUCT COMPLEXITY IN Soybeans
-1.67Rnk 968 / 1025
2023
Imports
$19.3MWorld Rnk 64 / 193
Flag Rnk 544 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $248k in Soybeans, making it the 74th largest exporter of Soybeans in the world. At the same year, Soybeans was the 992nd most exported product in Hong Kong. The main destination of Soybeans exports from Hong Kong are: China ($81.8k), Nigeria ($81.6k), Japan ($41.1k), Northern Mariana Islands ($16.2k), and Singapore ($7.21k).

The fastest growing export markets for Soybeans of Hong Kong between 2022 and 2023 were Japan ($41.1k), China ($12.4k), and Singapore ($7.21k).

Imports In 2023, Hong Kong imported $19.3M in Soybeans, becoming the 64th largest importer of Soybeans in the world. At the same year, Soybeans was the 544th most imported product in Hong Kong. Hong Kong imports Soybeans primarily from: Canada ($14.6M), China ($2.54M), Ethiopia ($883k), Ukraine ($588k), and United States ($408k).

The fastest growing import markets in Soybeans for Hong Kong between 2022 and 2023 were Canada ($1.2M), Ethiopia ($638k), and United States ($153k).

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 Soybeans. 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)$248k
IMPORTS (2023)$19.3M
NET TRADE (2023)-$19M

In 2023, Hong Kong exported $248k in Soybeans. The main destinations of Hong Kong exports on Soybeans were China ($81.8k), Nigeria ($81.6k), Japan ($41.1k), Northern Mariana Islands ($16.2k), and Singapore ($7.21k).

In 2023, Hong Kong imported $19.3M in Soybeans, mainly from Canada ($14.6M), China ($2.54M), Ethiopia ($883k), Ukraine ($588k), and United States ($408k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Japan$41.1k (1%)
China$12.4k (17.8%)
Singapore$7.21k (721k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Hong Kong WERE (2022 - 2023):
Nigeria-$25.6k (-23.9%)
Norway-$20.8k (-100%)
Northern Mariana Islands-$5.17k (-24.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Soybeans were:
In 2023, Hong Kong's main importing competitors in Soybeans were:
China $56.6B
Japan $2.14B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $333k
TOP IMPORT POTENTIALChina+ $1.21M

Soybeans’s highest export potential is China. With an export gap of $333k.   Soybeans’s highest import potential is China with an import gap of $1.21M.

See methodology.

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