Hong Kong soyabean oil export quantities and HS Codes
In 2019 Hong Kong exported 7,114 tonnes of soyabean oil. For 2019 alone, the interest in Hong Kong soyabean oil (processed category) has climbed, with a change of 10.724 pc compared to the year 2018. Between 2017 and 2019, soyabean oil's exports increased by 27.72 percent bringing Hong Kong US$7.26m for the year 2019. Hong Kong's soyabean oil exports are categorised as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
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Hong Kong soyabean oil export values
In 2019, Hong Kong shipped soyabean oil with a value of 7.26m USD, an increment of 7.02% from 2018's total soyabean oil export of 6.784m USD. The annual change in value of Hong Kong soyabean oil between 2017 to 2018 was 14.944 per cent.
The per year change in the quantity of Hong Kong's soyabean oil exports between 2017 and 2019 was 27.72% in comparison to a variation of 10.724% in the period between 2018 and 2019.
Hong Kong's share of the world's total soyabean oil's exports in 2019 was less than 1%. The country holds number 14 in world exports of soyabean oil.
Export markets for Hong Kong soyabean oil ( in '000$ )
Hong Kong's leading destinations for soyabean oil are Macao, China, Spain, Vanuatu and US.
Import/Export Trends
Hong Kong is a net importer of soyabean oil. The annual growth of Hong Kong soyabean oil in value between 2015 to 2019 was -1%, per annum, while annual growth in quantity was -1%, per annum.
Hong Kong procured 62,827 tonnes of soyabean 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 soyabean oil in other countries across Asia : Kazakhstan soyabean oil, Kyrgyzstan soyabean oil, Tajikistan soyabean oil, Turkmenistan soyabean oil, Uzbekistan soyabean oil, China soyabean oil, Hong Kong soyabean oil, Macao soyabean oil, North Korea soyabean oil and Mongolia soyabean oil.