Hong Kong olive oil export quantities and HS Codes
In 2019 Hong Kong exported 450 tonnes of olive oil. For the year 2019 alone, the interest in Hong Kong olive oil (processed category) has surged, with a change of 8.434 percent compared to the year 2018. Between 2017 and 2019, olive oil's exports decreased by -1.96 percent netting the nation US$2.24m for the year 2019. Hong Kong's olive oil exports are classified as:
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
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Hong Kong olive oil export values
In 2019, Hong Kong supplied olive oil valued at 2.24m USD, an increment of 1.68% from 2018's total olive oil export of 2.203m USD. The yearly change in value of Hong Kong olive oil between 2017 to 2018 was 3.185%.
The annual change in the amount of Hong Kong's olive oil exports between 2017 and 2019 was -1.96 percent compared to a variation of 8.434% in the period between 2018 and 2019.
Hong Kong's portion of the world's total olive oil's exports in 2019 was less than 1%. The country is ranked position 23 in world exports of olive oil.
Export markets for Hong Kong olive oil ( in '000$ )
Hong Kong's best performing destinations for olive oil are Mozambique, Macao, US, Spain and Portugal.
Hong Kong is a net importer of olive oil. The annual growth of Hong Kong olive oil in value between 2015 to 2019 was -43%, per annum, while annual growth in quantity through the same period was -13%, per annum.
Hong Kong bought 3,892 tonnes of olive oil 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 olive oil in other countries across Asia : Kazakhstan olive oil, Kyrgyzstan olive oil, Tajikistan olive oil, Turkmenistan olive oil, Uzbekistan olive oil, China olive oil, Hong Kong olive oil, Macao olive oil, North Korea olive oil and Mongolia olive oil.
Nutrition: olive oil calories and other nutrition facts