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China, Hong Kong SAR Dairy Products, milk equivalent Import value
What is China, Hong Kong SAR's dairy products, milk equivalent import value (1000 usd)? As of 2023, it's 773.4K 1000 USD, down from 1.8M 1000 USD in 2014.
Author: Wantstats Research TeamSource: Food and Agriculture Organization (FAO) and Wantstats Repository
| Label | Dairy Products, milk equivalent Import value (1000 USD) |
|---|---|
| 2014 | 1814708.61 1000 USD |
| 2015 | 1618480.39 1000 USD |
| 2016 | 1684979.08 1000 USD |
| 2017 | 1512811.03 1000 USD |
| 2018 | 1728265.57 1000 USD |
| 2019 | 1735173.86 1000 USD |
| 2020 | 1095472.61 1000 USD |
| 2021 | 983781.45 1000 USD |
| 2022 | 785822.85 1000 USD |
| 2023 | 773405.64 1000 USD |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
China, Hong Kong SAR Dairy Products, milk equivalent Import value: Key Points
- Over 2014-2023, China, Hong Kong SAR's dairy Products, milk equivalent Import value moved from 1.81M USD to 773.41K USD, a fall of 57% from start to finish.
- 2015: slips to 1.62M USD (-11%).
- 2018: rises to 1.73M USD (+14%).
- 2020: falls away sharply to 1.10M USD (-37%).
- 2021-2022: drifts lower, 785.82K USD (-28%).
- 2023: Closes lower than it opened — 773.41K USD, a 57.4% loss over the period.
Why Trade Collapsed in 2020
Multiple direction changes over the period mean any two-point comparison — say, first year to last — is likely to be misleading on its own. The middle years matter just as much.
This decline fits a global pattern: COVID-19 disrupted supply chains and demand simultaneously in 2020, and trade flows fell broadly across most economies in the same year.
Worth pairing this with the same indicator for a handful of comparable economies before concluding anything about China, Hong Kong SAR specifically — a move that looks large here can be the regional norm, or genuinely unusual, and this chart alone can't say which.
Check the source link for methodology before quoting a specific year from this chart — China, Hong Kong SAR's underlying statistics agency, like most, revises and re-estimates historical figures as better data comes in.
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This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.