2022
Exports
$25.3MWorld Rnk 31 / 195
Flag Rnk 304 / 1177
2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
$98.2MWorld Rnk 29 / 224
Flag Rnk 287 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $25.3M in Lubricating Products, making it the 31st largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 304th most exported product in Hong Kong. The main destination of Lubricating Products exports from Hong Kong are: China ($17.2M), Russia ($1.12M), Vietnam ($1M), Brazil ($952k), and Japan ($513k).

The fastest growing export markets for Lubricating Products of Hong Kong between 2021 and 2022 were China ($3.29M), Russia ($973k), and Australia ($475k).

Imports In 2022, Hong Kong imported $98.2M in Lubricating Products, becoming the 29th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 287th most imported product in Hong Kong. Hong Kong imports Lubricating Products primarily from: United States ($39.1M), Japan ($14.8M), Germany ($13.1M), China ($11.2M), and Singapore ($4.92M).

The fastest growing import markets in Lubricating Products for Hong Kong between 2021 and 2022 were United States ($6.23M), Germany ($3.76M), and Malaysia ($841k).

Latest Trends

Jul 2024

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 Lubricating Products. 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 (2022)$25.3M
IMPORTS (2022)$98.2M
NET TRADE (2022)-$73M

In 2022, Hong Kong exported $25.3M in Lubricating Products. The main destinations of Hong Kong exports on Lubricating Products were China ($17.2M), Russia ($1.12M), Vietnam ($1M), Brazil ($952k), and Japan ($513k).

In 2022, Hong Kong imported $98.2M in Lubricating Products, mainly from United States ($39.1M), Japan ($14.8M), Germany ($13.1M), China ($11.2M), and Singapore ($4.92M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$3.29M (23.7%)
Russia$973k (648%)
Australia$475k (11.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Hong Kong WERE (2021 - 2022):
Singapore-$1.02M (-92.6%)
Brazil-$955k (-50.1%)
Japan-$491k (-48.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Hong Kong's main exporting competitors in Lubricating Products were:
In 2022, Hong Kong's main importing competitors in Lubricating Products were:
China $1.71B

Explore Visualizations

Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $8.96M
TOP IMPORT POTENTIALChina+ $5.15M

Lubricating Products’s highest export potential is China. With an export gap of $8.96M.   Lubricating Products’s highest import potential is China with an import gap of $5.15M.

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