2022
Exports
$2.7MWorld Rnk 43 / 143
Flag Rnk 745 / 1177
2022
PRODUCT COMPLEXITY IN Other Fermented Beverages
0.091Rnk 525 / 1025
2022
Imports
$83.8MWorld Rnk 4 / 218
Flag Rnk 327 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $2.7M in Other Fermented Beverages, making it the 43rd largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 745th most exported product in Hong Kong. The main destination of Other Fermented Beverages exports from Hong Kong are: Russia ($1.23M), Macau ($738k), Malaysia ($236k), China ($207k), and Japan ($89.6k).

The fastest growing export markets for Other Fermented Beverages of Hong Kong between 2021 and 2022 were Russia ($915k), Malaysia ($208k), and Macau ($109k).

Imports In 2022, Hong Kong imported $83.8M in Other Fermented Beverages, becoming the 4th largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 327th most imported product in Hong Kong. Hong Kong imports Other Fermented Beverages primarily from: Japan ($53.4M), China ($25.9M), South Korea ($865k), Macau ($722k), and Malaysia ($462k).

The fastest growing import markets in Other Fermented Beverages for Hong Kong between 2021 and 2022 were China ($14M), Macau ($640k), and South Korea ($137k).

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 Other Fermented Beverages. 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)$2.7M
IMPORTS (2022)$83.8M
NET TRADE (2022)-$81.1M

In 2022, Hong Kong exported $2.7M in Other Fermented Beverages. The main destinations of Hong Kong exports on Other Fermented Beverages were Russia ($1.23M), Macau ($738k), Malaysia ($236k), China ($207k), and Japan ($89.6k).

In 2022, Hong Kong imported $83.8M in Other Fermented Beverages, mainly from Japan ($53.4M), China ($25.9M), South Korea ($865k), Macau ($722k), and Malaysia ($462k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Russia$915k (286%)
Malaysia$208k (747%)
Macau$109k (17.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Hong Kong WERE (2021 - 2022):
China-$465k (-69.2%)
Australia-$39k (-55%)
United Kingdom-$13.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Other Fermented Beverages were:
In 2022, Hong Kong's main importing competitors in Other Fermented Beverages were:

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $78.4k
TOP IMPORT POTENTIALSouth Korea+ $306k

Other Fermented Beverages’s highest export potential is China. With an export gap of $78.4k.   Other Fermented Beverages’s highest import potential is South Korea with an import gap of $306k.

See methodology.

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