Hong Kong malt extract export quantities and HS Codes
In 2019 Hong Kong sold 2,919 tonnes of malt extract. For 2019 alone, the market for Hong Kong malt extract (processed category) has decreased, changing by -6.382 per cent compared to the year 2018. Between 2017 and 2019, malt extract's exports increased by 5.95% earning the country US$13.70m for the year 2019. Hong Kong's malt extract exports are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Hong Kong malt extract export values
In 2019, Hong Kong shipped malt extract costing 13.70m USD, a decrease of -13.00% from 2018's total malt extract export of 15.748m USD. The yearly reduction in value of Hong Kong malt extract between 2017 to 2018 was 8.48 percent.
The per year variation in the amount of Hong Kong's malt extract exports between 2017 and 2019 was 5.95 per cent when compared to a variation of -6.382% in the growth rate between 2018 and 2019.
Hong Kong's portion of the world's total malt extract's exports in 2019 was less than 1%. The country holds position 61 in world exports of malt extract.
Export markets for Hong Kong malt extract ( in '000$ )
Hong Kong's best performing destinations for malt extract are China, Macao, US, Canada and the Philippines.
Hong Kong is a net importer of malt extract. The annual growth of Hong Kong malt extract in value between 2015 to 2019 was -19%, per year, while annual growth in quantity was -6%, per annum.
Hong Kong brought in 7,454 tonnes of malt extract in 2019.
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Production of other produce in the Processed category in Hong Kong: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea and Black Tea.
See the production of malt extract in other countries across Asia : Kazakhstan malt extract, Kyrgyzstan malt extract, Tajikistan malt extract, Turkmenistan malt extract, Uzbekistan malt extract, China malt extract, Hong Kong malt extract, Macao malt extract, North Korea malt extract and Mongolia malt extract.