2023
Flag  
GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
 GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC 
$5,364CURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195
2023
Flag
GDP PC
$50,532CURRENT US$
Rnk 25 / 196
2013-2023
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GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195

About

Algeria-Hong Kong Trade: In 2023, Algeria exported $3M to Hong Kong. The main products that Algeria exported to Hong Kong were Processed Crustaceans ($2.02M), Household Washing Machines ($731k), and Poultry Meat ($180k). Over the past 5 years the exports of Algeria to Hong Kong have increased at an annualized rate of 2.5%, from $2.65M in 2018 to $3M in 2023.

In 2023, Algeria did not export any services to Hong Kong.

Hong Kong-Algeria Trade: In 2023, Hong Kong exported $34.6M to Algeria. The main products that Hong Kong exported to Algeria were Telephones ($16.5M), Medical Instruments ($4.07M), and Other Plastic Products ($3.4M). Over the past 5 years the exports of Hong Kong to Algeria have decreased at an annualized rate of 29%,  from $193M in 2018 to $34.6M in 2023.

In 2023, Hong Kong did not export any services to Algeria.

Comparison: In 2023,  Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B). That same year, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Algeria exported $3M to Hong Kong. The main products exported from Algeria to Hong Kong were Processed Crustaceans ($2.02M), Household Washing Machines ($731k), and Poultry Meat ($180k). During the last 5 years the exports of Algeria to Hong Kong have increased at an annualized rate of 2.5%, from $2.65M in 2018 to $3M in 2023.

In 2018, Hong Kong exported $34.6M to Algeria. The main products exported from Hong Kong to Algeria were Telephones ($16.5M), Medical Instruments ($4.07M), and Other Plastic Products ($3.4M). During the last 5 years the exports of Hong Kong to Algeria have decreased at an annualized rate of 29%, from $193M in 2023 to $34.6M in 2018.

Exports from Algeria (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Algeria (Flag) (2023)

Latest Data

Trade between Algeria (Flag) and Hong Kong (Flag)

Algeria Exports

Hong Kong Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$15.2B
Hong Kong
Top Destination
China$25.3B

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

In 2023, countries that imported more from Algeria than Hong Kong included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

In 2023, countries that imported more from Hong Kong than Algeria included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Algeria (Flag) (2023)

Comparative Advantage Algeria - Hong Kong

Flow
Scale

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

During 2023, Algeria had a large net trade with Hong Kong in the exports of Foodstuffs ($2.02M), Machines ($731k), and Animal Products ($180k).

During 2018, Hong Kong had a large net trade with Algeria in the exports of Machines ($21.3M), Instruments ($8.01M), and Plastics and Rubbers ($3.42M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Hong Kong+$173kHousehold Washing Machines
Top Product Potential Hong Kong Algeria+$7.08MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Algeria and Hong Kong. This means that a dot/product with the flag of Algeria indicates it has a comparative advantage over Hong Kong. Similarly, a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Algeria.

Product Space of Algeria (Flag) and Hong Kong (Flag) (2023)

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