Hong Kong | Imports and Exports | World | Sugars and sugar confectionery | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 17 "Sugars and sugar confectionery" from Hong Kong totalled $ 138 million in 2023. Sales of commodity group 17 from Hong Kong went up by 23% compared to 2022: exports of commodity group 17 "Sugars and sugar confectionery" went up by $ 26 million (cumulative exports of commodity group 17 from Hong Kong amounted $112 million in 2022)
Exports of commodity group 17 "Sugars and sugar confectionery" amounted to 0.024% of total exports from Hong Kong (cumulative merchandise exports from Hong Kong totalled $ 575 billion in 2023). The share of commodity group 17 in total exports from Hong Kong increased by 0.005 p.p. compared to 2022 (it was 0.018% in 2022 and cumulative exports from Hong Kong were equal to $ 610 billion).
Where does Hong Kong export Sugars and sugar confectionery?
Top export destinations of "Sugars and sugar confectionery" from Hong Kong in 2023:
- China with a share of 62% (86 million US$)
- China, Macao SAR with a share of 19% (26 million US$)
- USA with a share of 5.28% (7.32 million US$)
- Vietnam with a share of 2.89% (4.01 million US$)
- Canada with a share of 2.36% (3.27 million US$)
- Thailand with a share of 1.28% (1.78 million US$)
- Philippines with a share of 1.03% (1.43 million US$)
- Malaysia - 1.37 million US$
- Singapore - 1.08 million US$
- Korea - 1.05 million US$
Exports structure of 17 - Sugars and sugar confectionery - from Hong Kong in 2023 represented by the following main commodity groups:
- 92% (127 million US$): 1704 - Sugar confectionery (including white chocolate), not containing cocoa
- 7.19% (9.96 million US$): 1701 - Cane or beet sugar and chemically pure sucrose, in solid form
- 0.723% (1 million US$): 1702 - Other sugars, including chemically pure lactose, maltose, glucose and fructose, in solid form; sugar syrups not containing added flavouring or colouring matter; artificial honey, whether or not mixed with natural honey; caramel
- 0% (1.08 thousand US$): 1703 - Molasses resulting from the extraction or refining of sugar
The value of imports of commodity group 17 "Sugars and sugar confectionery" to Hong Kong totalled $ 316 million in 2023. Sales of commodity group 17 to Hong Kong went up by 26% compared to 2022: imports of commodity group 17 "Sugars and sugar confectionery" went up by $ 65 million (the value of imports of commodity group 17 to Hong Kong was equal to $250 million in 2022)
Imports of commodity group 17 "Sugars and sugar confectionery" accounted for 0.048% of total import flow to Hong Kong (in 2023, total imports to Hong Kong amounted to $ 654 billion). The share of commodity group 17 in total imports to Hong Kong increased by 0.01 p.p. compared to 2022 (it was 0.037% in 2022 and cumulative imports to Hong Kong were equal to $ 668 billion).
Where does Hong Kong import Sugars and sugar confectionery from?
Top trading partners (import of "Sugars and sugar confectionery") of Hong Kong in 2023:
- China with a share of 26% (82 million US$)
- Korea with a share of 18.7% (59 million US$)
- Japan with a share of 16.1% (51 million US$)
- Thailand with a share of 11.9% (37 million US$)
- Germany with a share of 6.47% (20 million US$)
- Malaysia with a share of 3.82% (12 million US$)
- USA with a share of 3.35% (10.6 million US$)
- Other Asia, nes with a share of 3.1% (9.83 million US$)
- United Kingdom with a share of 1.94% (6.14 million US$)
- Switzerland with a share of 1.72% (5.45 million US$)
Imports structure of 17 - Sugars and sugar confectionery - to Hong Kong in 2023 represented by the following main commodity groups:
- 58% (184 million US$): 1704 - Sugar confectionery (including white chocolate), not containing cocoa
- 34% (108 million US$): 1701 - Cane or beet sugar and chemically pure sucrose, in solid form
- 7.04% (22 million US$): 1702 - Other sugars, including chemically pure lactose, maltose, glucose and fructose, in solid form; sugar syrups not containing added flavouring or colouring matter; artificial honey, whether or not mixed with natural honey; caramel
- 0.138% (439 thousand US$): 1703 - Molasses resulting from the extraction or refining of sugar
