The value of exports of commodity group 09 "Coffee, tea, matT and spices" from Hong Kong totalled $ 41 million in 2023. Sales of commodity group 09 from Hong Kong decreased by 23% in value terms compared to 2022. exports of commodity group 09 "Coffee, tea, matT and spices" decreased by $ 12.9 million (cumulative exports of commodity group 09 from Hong Kong amounted $54 million in 2022)
Exports of commodity group 09 "Coffee, tea, matT and spices" amounted to 0.007% of total exports from Hong Kong (cumulative merchandise exports from Hong Kong totalled $ 575 billion in 2023). The share of commodity group 09 in total exports from Hong Kong decreased by 0.001 p.p. compared to 2022 (it was 0.008% in 2022 and cumulative exports from Hong Kong were equal to $ 610 billion).
Where does Hong Kong export Coffee, tea, matT and spices?
Top export destinations of "Coffee, tea, matT and spices" from Hong Kong in 2023:
- China, Macao SAR with a share of 27% (11.4 million US$)
- Vietnam with a share of 22% (9.37 million US$)
- China with a share of 12.4% (5.2 million US$)
- Malaysia with a share of 8.33% (3.48 million US$)
- Other Asia, nes with a share of 5.13% (2.14 million US$)
- Canada with a share of 4.26% (1.78 million US$)
- USA with a share of 3.14% (1.31 million US$)
- United Arab Emirates with a share of 2.77% (1.15 million US$)
- Japan with a share of 2.51% (1.05 million US$)
- Singapore with a share of 1.94% (814 thousand US$)
Exports structure of 09 - Coffee, tea, matT and spices - from Hong Kong in 2023 represented by the following main commodity groups:
- 53% (22 million US$): 0902 - Tea, whether or not flavoured
- 31% (13.3 million US$): 0901 - Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
- 7.56% (3.16 million US$): 0910 - Ginger, saffron, turmeric (curcuma), thyme, bay leaves, curry and other spices
- 4.07% (1.7 million US$): 0904 - Pepper of the genus Piper; dried or crushed or ground fruits of the genus Capsicum or of the genus Pimenta
- 0.992% (415 thousand US$): 0906 - Cinnamon and cinnamon-tree flowers
- 0.888% (371 thousand US$): 0909 - Seeds of anise, badian, fennel, coriander, cumin or caraway; juniper berries
- 0.74% (310 thousand US$): 0908 - Nutmeg, mace and cardamoms
- 0.463% (194 thousand US$): 0905 - Vanilla
- 0.114% (47 thousand US$): 0907 - Cloves (whole fruit, cloves and stems)
- 0.089% (37 thousand US$): 0903 - Mate
The value of imports of commodity group 09 "Coffee, tea, matT and spices" to Hong Kong totalled $ 301 million in 2023. Sales of commodity group 09 to Hong Kong decreased by 8.27% in value terms compared to 2022. imports of commodity group 09 "Coffee, tea, matT and spices" decreased by $ 27 million (the value of imports of commodity group 09 to Hong Kong was equal to $328 million in 2022)
Imports of commodity group 09 "Coffee, tea, matT and spices" accounted for 0.046% of total import flow to Hong Kong (in 2023, total imports to Hong Kong amounted to $ 654 billion). The share of commodity group 09 in total imports to Hong Kong decreased by 0.003 p.p. compared to 2022 (it was 0.049% in 2022 and cumulative imports to Hong Kong were equal to $ 668 billion).
Where does Hong Kong import Coffee, tea, matT and spices from?
Top trading partners (import of "Coffee, tea, matT and spices") of Hong Kong in 2023:
- China with a share of 57% (173 million US$)
- Sri Lanka with a share of 6.31% (19 million US$)
- Belgium with a share of 4.72% (14.2 million US$)
- Japan with a share of 3.61% (10.8 million US$)
- Other Asia, nes with a share of 3.18% (9.59 million US$)
- Italy with a share of 2.23% (6.75 million US$)
- Singapore with a share of 2.08% (6.3 million US$)
- Malaysia with a share of 2.02% (6.12 million US$)
- Brazil with a share of 1.94% (5.88 million US$)
- Vietnam with a share of 1.71% (5.17 million US$)
Imports structure of 09 - Coffee, tea, matT and spices - to Hong Kong in 2023 represented by the following main commodity groups:
- 62% (189 million US$): 0902 - Tea, whether or not flavoured
- 24% (74 million US$): 0901 - Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
- 6.59% (19.9 million US$): 0904 - Pepper of the genus Piper; dried or crushed or ground fruits of the genus Capsicum or of the genus Pimenta
- 4.58% (13.8 million US$): 0910 - Ginger, saffron, turmeric (curcuma), thyme, bay leaves, curry and other spices
- 0.816% (2.46 million US$): 0909 - Seeds of anise, badian, fennel, coriander, cumin or caraway; juniper berries
- 0.121% (366 thousand US$): 0908 - Nutmeg, mace and cardamoms
- 0.118% (358 thousand US$): 0905 - Vanilla
- 0.106% (321 thousand US$): 0906 - Cinnamon and cinnamon-tree flowers
- 0.06% (183 thousand US$): 0903 - Mate
- 0.048% (146 thousand US$): 0907 - Cloves (whole fruit, cloves and stems)