Exhibit 21.1
SUBSIDIARIES OF THE REGISTRANT
AS OF December 31, 2022
NATURAL HEALTH TRENDS CORP.
A DELAWARE CORPORATION
| Name | 
 | Jurisdiction | 
| 
 | 
 | 
 | 
| NHT Global, Inc. | 
 | United States (Delaware) | 
| NHTC International, LLC | 
 | United States (Delaware) | 
| NHT Global (Canada) Company | 
 | Canada | 
| NHTC Holding Company | 
 | Cayman Islands | 
| NHTC Trading Company | 
 | Cayman Islands | 
| NHT Global Taiwan Company | 
 | Cayman Islands | 
| NHT Global CIS Company | 
 | Cayman Islands | 
| NHT Global (China) Commodities Co., Ltd. | 
 | China | 
| NHT Global (Zhongshan) Cosmetics Co., Ltd. | 
 | China | 
| NHT Global Hong Kong Limited | 
 | Hong Kong | 
| Natural Health Trends Japan, Inc. | 
 | Japan | 
| NHTC Global Singapore Pte. Ltd. | 
 | Singapore | 
| NHTC Wellness Products Malaysia Sdn. Bhd. | 
 | Malaysia | 
| NHTK Ltd. | 
 | South Korea | 
| NHT Global Europe S.R.L. | 
 | Italy | 
| NHT Global Peru S.A.C. | 
 | Peru | 
| Natural Health Trends (Thailand) Ltd. | 
 | Thailand | 
| NHT Global Limited Company | 
 | Vietnam | 
| PT Natural Health Trends Indonesia | 
 | Indonesia | 
| NHTC (India) Private Limited | 
 | India | 
| NHTGLOBAL BOLIVIA S.R.L. | 
 | Bolivia | 
| NHT Global Colombia S.A.S. | Colombia | 
The names of omitted subsidiaries when considered in the aggregate as a single subsidiary do not constitute a significant subsidiary as of the end of the year covered by this report.