2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
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 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
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GDP PC
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

Hong Kong-United Kingdom In 2022, Hong Kong exported $2.46B to United Kingdom. The main products that Hong Kong exported to United Kingdom are Silver ($371M), Integrated Circuits ($167M), and Platinum ($146M). During the last 27 years the exports of Hong Kong to United Kingdom have decreased at an annualized rate of 3.02%, from $5.63B in 1995 to $2.46B in 2022.

In 2022, Hong Kong did not export any services to United Kingdom.

United Kingdom-Hong Kong In 2022, United Kingdom exported $9.19B to Hong Kong. The main products that United Kingdom exported to Hong Kong were Gas Turbines ($2.6B), Gold ($1.25B), and Platinum ($1.1B). During the last 27 years the exports of United Kingdom to Hong Kong have increased at an annualized rate of 2.98%, from $4.16B in 1995 to $9.19B in 2022.

In 2019, United Kingdom exported services to Hong Kong worth $4.5B, with Other business services ($1.94B), Travel ($795M), and Financial services ($788M) being the largest in terms of value.

Comparison In 2022,  Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99), and 39 in total exports ($113B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $2.46B to United Kingdom. The main products exported from Hong Kong to United Kingdom were Silver ($371M), Integrated Circuits ($167M), and Platinum ($146M). During the last 27 years the exports of Hong Kong to United Kingdom have decreased at an annualized rate of 3.02%, from $5.63B in 1995 to $2.46B in 2022.

In 2022, United Kingdom exported $9.19B to Hong Kong. The main products exported from United Kingdom to Hong Kong were Gas Turbines ($2.6B), Gold ($1.25B), and Platinum ($1.1B). During the last 27 years the exports of United Kingdom to Hong Kong have increased at an annualized rate of 2.98%, from $4.16B in 1995 to $9.19B in 2022.

Exports from Hong Kong (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and United Kingdom (Flag)

Hong Kong Exports

United Kingdom Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
United Kingdom
Top Destination
United States$61.8B

This map shows whether countries import more from Hong Kong or United Kingdom. Each country is colored based on the difference in imports they receive from Hong Kong and United Kingdom or the difference in the growth in imports.

In 2021, countries that imported more from Hong Kong than United Kingdom were India ($14.3B), Philippines ($3.28B), and Macau ($2.73B).

In 2021, countries that imported more from United Kingdom than Hong Kong were United States ($61.8B), Germany ($40.6B), and Netherlands ($41.9B).

Difference in imports from United Kingdom (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - United Kingdom

Flow
Scale

This chart compares trade between Hong Kong and United Kingdom by product, considering products traded by both, Hong Kong and United Kingdom.

During 2022, Hong Kong had a large net trade with United Kingdom in the exports of Precious Metals ($792M), Machines ($772M), and Miscellaneous ($153M).

During 2022, United Kingdom had a large net trade with Hong Kong in the exports of Machines ($3.56B), Precious Metals ($2.9B), and Instruments ($560M).

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to Hong Kong worth $4.5B, with Other business services ($1.94B), Travel ($795M), and Financial services ($788M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Hong Kong (Flag) (2019)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Hong Kong has comparative advantage over United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and United Kingdom (Flag) (2022)

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