2021
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 204
2011-2021
Flag
GDP GROWTH
136%CURRENT US$
Rnk 6 / 204
2021
Flag
 GDP
$369BCURRENT US$
Rnk 39 / 204
2011-2021
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 55 / 204
2021
Flag
GDP PC 
$12,618CURRENT US$
Rnk 75 / 204
2011-2021
Flag
GDP PC GROWTH
125%CURRENT US$
Rnk 5 / 204
2021
Flag
GDP PC
$49,765CURRENT US$
Rnk 28 / 204
2011-2021
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 45 / 204

About

China-Hong Kong In 2021, China exported $323B to Hong Kong. The main products that China exported to Hong Kong are Integrated Circuits ($68.2B), Broadcasting Equipment ($45.5B), and Office Machine Parts ($23.9B). During the last 26 years the exports of China to Hong Kong have increased at an annualized rate of 7.65%, from $47.6B in 1995 to $323B in 2021.

In 2021, China did not export any services to Hong Kong.

Hong Kong-China In 2021, Hong Kong exported $30.3B to China. The main products that Hong Kong exported to China were Gas Turbines ($5.34B), Gold ($3.5B), and LCDs ($1.88B). During the last 26 years the exports of Hong Kong to China have increased at an annualized rate of 2.21%, from $17.1B in 1995 to $30.3B in 2021.

In 2021, Hong Kong did not export any services to China.

Comparison In 2021,  China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T). That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.16), and 36 in total exports ($124B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, China exported $323B to Hong Kong. The main products exported from China to Hong Kong were Integrated Circuits ($68.2B), Broadcasting Equipment ($45.5B), and Office Machine Parts ($23.9B). During the last 26 years the exports of China to Hong Kong have increased at an annualized rate of 7.65%, from $47.6B in 1995 to $323B in 2021.

In 2021, Hong Kong exported $30.3B to China. The main products exported from Hong Kong to China were Gas Turbines ($5.34B), Gold ($3.5B), and LCDs ($1.88B). During the last 26 years the exports of Hong Kong to China have increased at an annualized rate of 2.21%, from $17.1B in 1995 to $30.3B in 2021.

Exports from China (Flag) to Hong Kong (Flag) (2021)

Exports from Hong Kong (Flag) to China (Flag) (2021)

Market Competitiveness

Color
China
Top Destination
United States$530B
Hong Kong
Top Destination
China$30.3B

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

In 2021, countries that imported more from China than Hong Kong were United States ($530B), Japan ($168B), and South Korea ($140B).

In 2021, countries that imported more from Hong Kong than China were Guam ($14.1M), Northern Mariana Islands ($1.66M), and American Samoa ($117k).

Difference in imports from Hong Kong (Flag) and China (Flag) (2021)

Comparative Advantage China - Hong Kong

Flow
Scale

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

During 2021, China had a large net trade with Hong Kong in the exports of Machines ($243B), Precious Metals ($18.6B), and Instruments ($13.8B).

During 2021, Hong Kong had a large net trade with China in the exports of Machines ($10.1B), Precious Metals ($5.08B), and Instruments ($3.21B).

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 China has comparative advantage over Hong Kong. Similarly, the more yellow a dot/product is, the more Hong Kong has comparative advantage over China.

Product Space of China (Flag) and Hong Kong (Flag) (2021)

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