2023
Exports
$15.4MWorld Rnk 37 / 197
Flag Rnk 358 / 1181
2023
PRODUCT COMPLEXITY IN Tea
-1.68Rnk 971 / 1025
2023
Imports
$200MWorld Rnk 10 / 224
Flag Rnk 185 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $15.4M in Tea, making it the 37th largest exporter of Tea in the world. At the same year, Tea was the 358th most exported product in Hong Kong. The main destination of Tea exports from Hong Kong are: Vietnam ($8.56M), United States ($1.32M), Singapore ($901k), Chinese Taipei ($849k), and China ($762k).

The fastest growing export markets for Tea of Hong Kong between 2022 and 2023 were Singapore ($444k), South Africa ($317k), and Macau ($308k).

Imports In 2023, Hong Kong imported $200M in Tea, becoming the 10th largest importer of Tea in the world. At the same year, Tea was the 185th most imported product in Hong Kong. Hong Kong imports Tea primarily from: China ($154M), Sri Lanka ($20.4M), Chinese Taipei ($7.37M), Japan ($6.32M), and Singapore ($2.42M).

The fastest growing import markets in Tea for Hong Kong between 2022 and 2023 were Sri Lanka ($3.67M), United Arab Emirates ($665k), and Kenya ($505k).

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 Tea. 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)$15.4M
IMPORTS (2023)$200M
NET TRADE (2023)-$185M

In 2023, Hong Kong exported $15.4M in Tea. The main destinations of Hong Kong exports on Tea were Vietnam ($8.56M), United States ($1.32M), Singapore ($901k), Chinese Taipei ($849k), and China ($762k).

In 2023, Hong Kong imported $200M in Tea, mainly from China ($154M), Sri Lanka ($20.4M), Chinese Taipei ($7.37M), Japan ($6.32M), and Singapore ($2.42M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Singapore$444k (97.2%)
South Africa$317k (43.2k%)
Macau$308k (72.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Hong Kong WERE (2022 - 2023):
Vietnam-$7.04M (-45.1%)
Australia-$853k (-86%)
Chinese Taipei-$726k (-46.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Tea were:
China $1.39B
Kenya $1.37B
In 2023, Hong Kong's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.03M
TOP IMPORT POTENTIALIndia+ $2.32M

Tea’s highest export potential is United States. With an export gap of $1.03M.   Tea’s highest import potential is India with an import gap of $2.32M.

See methodology.

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