2023
Exports
$2.42MWorld Rnk 77 / 198
Flag Rnk 738 / 1181
2023
PRODUCT COMPLEXITY IN Spices
-1.59Rnk 959 / 1025
2023
Imports
$16.7MWorld Rnk 40 / 224
Flag Rnk 568 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $2.42M in Spices, making it the 77th largest exporter of Spices in the world. At the same year, Spices was the 738th most exported product in Hong Kong. The main destination of Spices exports from Hong Kong are: China ($522k), United Kingdom ($352k), Macau ($291k), United States ($286k), and Canada ($269k).

The fastest growing export markets for Spices of Hong Kong between 2022 and 2023 were China ($213k), Canada ($159k), and Macau ($124k).

Imports In 2023, Hong Kong imported $16.7M in Spices, becoming the 40th largest importer of Spices in the world. At the same year, Spices was the 568th most imported product in Hong Kong. Hong Kong imports Spices primarily from: China ($4.11M), Thailand ($3.34M), India ($2.62M), Pakistan ($920k), and Indonesia ($746k).

The fastest growing import markets in Spices for Hong Kong between 2022 and 2023 were China ($2.04M), India ($321k), and Spain ($239k).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Spices. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$2.42M
IMPORTS (2023)$16.7M
NET TRADE (2023)-$14.2M

In 2023, Hong Kong exported $2.42M in Spices. The main destinations of Hong Kong exports on Spices were China ($522k), United Kingdom ($352k), Macau ($291k), United States ($286k), and Canada ($269k).

In 2023, Hong Kong imported $16.7M in Spices, mainly from China ($4.11M), Thailand ($3.34M), India ($2.62M), Pakistan ($920k), and Indonesia ($746k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
China$213k (68.9%)
Canada$159k (145%)
Macau$124k (74%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Hong Kong WERE (2022 - 2023):
United Kingdom-$228k (-39.3%)
Nigeria-$104k (-100%)
Malaysia-$64.1k (-55.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Hong Kong's main exporting competitors in Spices were:
In 2023, Hong Kong's main importing competitors in Spices were:

Explore Visualizations

Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $348k
TOP IMPORT POTENTIALChina+ $2.33M

Spices’s highest export potential is China. With an export gap of $348k.   Spices’s highest import potential is China with an import gap of $2.33M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with