2022
Exports
$141MWorld Rnk 44 / 216
Flag Rnk 102 / 1177
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$546MWorld Rnk 35 / 222
Flag Rnk 88 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $141M in Industrial Fatty Acids, Oils and Alcohols, making it the 44th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 102nd most exported product in Hong Kong. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Hong Kong are: China ($61.8M), South Korea ($15.2M), Netherlands ($14.3M), India ($5.07M), and Bulgaria ($4.96M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Hong Kong between 2021 and 2022 were South Korea ($8.89M), Bulgaria ($4.9M), and Singapore ($3.34M).

Imports In 2022, Hong Kong imported $546M in Industrial Fatty Acids, Oils and Alcohols, becoming the 35th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 88th most imported product in Hong Kong. Hong Kong imports Industrial Fatty Acids, Oils and Alcohols primarily from: China ($258M), Japan ($105M), Chinese Taipei ($49.5M), United States ($35.8M), and Germany ($14.3M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Hong Kong between 2021 and 2022 were China ($68.4M), Chinese Taipei ($14M), and Vietnam ($1.23M).

Latest Trends

Jul 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 Industrial Fatty Acids, Oils and Alcohols. 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)$141M
IMPORTS (2022)$546M
NET TRADE (2022)-$405M

In 2022, Hong Kong exported $141M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Hong Kong exports on Industrial Fatty Acids, Oils and Alcohols were China ($61.8M), South Korea ($15.2M), Netherlands ($14.3M), India ($5.07M), and Bulgaria ($4.96M).

In 2022, Hong Kong imported $546M in Industrial Fatty Acids, Oils and Alcohols, mainly from China ($258M), Japan ($105M), Chinese Taipei ($49.5M), United States ($35.8M), and Germany ($14.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
South Korea$8.89M (140%)
Bulgaria$4.9M (8.75k%)
Singapore$3.34M (1.44k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Hong Kong WERE (2021 - 2022):
China-$21.7M (-26%)
Netherlands-$19.1M (-57.3%)
Spain-$19M (-99.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Hong Kong's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $5.02M
TOP IMPORT POTENTIALIndia+ $783k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $5.02M.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is India with an import gap of $783k.

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