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Exports In 2022, Hong Kong exported $1.08M in Vegetable Tanning Extracts, making it the 25th largest exporter of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 876th most exported product in Hong Kong. The main destination of Vegetable Tanning Extracts exports from Hong Kong are: China ($781k), Vietnam ($130k), Romania ($121k), Ethiopia ($47.2k), and Malaysia ($1.33k).

The fastest growing export markets for Vegetable Tanning Extracts of Hong Kong between 2021 and 2022 were Romania ($84.7k), Vietnam ($75.4k), and Malaysia ($1.33k).

Imports In 2022, Hong Kong imported $2.57M in Vegetable Tanning Extracts, becoming the 25th largest importer of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 925th most imported product in Hong Kong. Hong Kong imports Vegetable Tanning Extracts primarily from: Netherlands ($1.12M), Brazil ($915k), Italy ($257k), South Africa ($204k), and Indonesia ($30.1k).

The fastest growing import markets in Vegetable Tanning Extracts for Hong Kong between 2021 and 2022 were Netherlands ($506k), Vietnam ($15.8k), and Sweden ($99).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Vegetable Tanning Extracts. 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)$1.08M
IMPORTS (2022)$2.57M
NET TRADE (2022)-$1.48M

In 2022, Hong Kong exported $1.08M in Vegetable Tanning Extracts. The main destinations of Hong Kong exports on Vegetable Tanning Extracts were China ($781k), Vietnam ($130k), Romania ($121k), Ethiopia ($47.2k), and Malaysia ($1.33k).

In 2022, Hong Kong imported $2.57M in Vegetable Tanning Extracts, mainly from Netherlands ($1.12M), Brazil ($915k), Italy ($257k), South Africa ($204k), and Indonesia ($30.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Tanning Extracts EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Romania$84.7k (232%)
Vietnam$75.4k (139%)
Malaysia$1.33k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Tanning Extracts BY Hong Kong WERE (2021 - 2022):
China-$2.62M (-77.1%)
Russia-$21.5k (-100%)
Ethiopia-$7.07k (-13%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Hong Kong's main exporting competitors in Vegetable Tanning Extracts were:
In 2022, Hong Kong's main importing competitors in Vegetable Tanning Extracts were:
India $85.5M
Italy $44.7M
China $29.6M

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Trade Value of Vegetable Tanning Extracts by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $173k
TOP IMPORT POTENTIALSouth Africa+ $71.7k

Vegetable Tanning Extracts’s highest export potential is China. With an export gap of $173k.   Vegetable Tanning Extracts’s highest import potential is South Africa with an import gap of $71.7k.

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