2022
Exports
$131MWorld Rnk 23 / 196
Flag Rnk 110 / 1177
2022
PRODUCT COMPLEXITY IN Wine
-1.04Rnk 845 / 1025
2022
Imports
$1.05BWorld Rnk 11 / 225
Flag Rnk 54 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $131M in Wine, making it the 23rd largest exporter of Wine in the world. At the same year, Wine was the 110th most exported product in Hong Kong. The main destination of Wine exports from Hong Kong are: China ($82.7M), Denmark ($17.1M), Macau ($9.94M), Singapore ($5.05M), and Cambodia ($4.67M).

The fastest growing export markets for Wine of Hong Kong between 2021 and 2022 were China ($14.1M), Cambodia ($4.39M), and Macau ($3.88M).

Imports In 2022, Hong Kong imported $1.05B in Wine, becoming the 11th largest importer of Wine in the world. At the same year, Wine was the 54th most imported product in Hong Kong. Hong Kong imports Wine primarily from: France ($379M), United Kingdom ($191M), Australia ($122M), United States ($81M), and Singapore ($79.8M).

The fastest growing import markets in Wine for Hong Kong between 2021 and 2022 were New Zealand ($5.95M), Denmark ($3.19M), and Philippines ($342k).

COMPANIES In 2023, leading companies such as Conair (2) were at the forefront of shipping Wine from Hong Kong to the United States.

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 Wine. 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)$131M
IMPORTS (2022)$1.05B
NET TRADE (2022)-$918M

In 2022, Hong Kong exported $131M in Wine. The main destinations of Hong Kong exports on Wine were China ($82.7M), Denmark ($17.1M), Macau ($9.94M), Singapore ($5.05M), and Cambodia ($4.67M).

In 2022, Hong Kong imported $1.05B in Wine, mainly from France ($379M), United Kingdom ($191M), Australia ($122M), United States ($81M), and Singapore ($79.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$14.1M (20.6%)
Cambodia$4.39M (1.59k%)
Macau$3.88M (64.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Hong Kong WERE (2021 - 2022):
Switzerland-$1.58M (-52.5%)
Thailand-$805k (-63.6%)
United States-$144k (-52.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Wine were:
France $13.1B
Italy $8.32B
Spain $3.25B
In 2022, Hong Kong's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.9M
TOP IMPORT POTENTIALItaly+ $14.2M

Wine’s highest export potential is China. With an export gap of $13.9M.   Wine’s highest import potential is Italy with an import gap of $14.2M.

See methodology.

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