2023
Flag
 GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC
$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195

About

Guam-Hong Kong Trade: In 2023, Guam exported $1.62M to Hong Kong. The main products that Guam exported to Hong Kong were Trunks and Cases ($438k), Jewellery ($399k), and Base Metal Watches ($142k). Over the past 5 years the exports of Guam to Hong Kong have decreased at an annualized rate of 24.3%, from $6.53M in 2018 to $1.62M in 2023.

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

Hong Kong-Guam Trade: In 2023, Hong Kong exported $28.9M to Guam. The main products that Hong Kong exported to Guam were Jewellery ($6.34M), Trunks and Cases ($5.08M), and Base Metal Watches ($4.37M). Over the past 5 years the exports of Hong Kong to Guam have decreased at an annualized rate of 21.9%,  from $99.3M in 2018 to $28.9M in 2023.

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

Comparison In 2023,  Guam ranked 216 in total exports ($13M), and does not have data regarding Economic Complexity Index. 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, Guam exported $1.62M to Hong Kong. The main products exported from Guam to Hong Kong were Trunks and Cases ($438k), Jewellery ($399k), and Base Metal Watches ($142k). During the last 5 years the exports of Guam to Hong Kong have decreased at an annualized rate of 24.3%, from $6.53M in 2018 to $1.62M in 2023.

In 2018, Hong Kong exported $28.9M to Guam. The main products exported from Hong Kong to Guam were Jewellery ($6.34M), Trunks and Cases ($5.08M), and Base Metal Watches ($4.37M). During the last 5 years the exports of Hong Kong to Guam have decreased at an annualized rate of 21.9%, from $99.3M in 2023 to $28.9M in 2018.

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

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

Latest Data

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

Hong Kong Exports

Market Competitiveness

Color
Guam
Top Destination
Chinese Taipei$5.53M
Hong Kong
Top Destination
China$25.3B

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

In 2023, no countries were registered that imported more from Guam than from Hong Kong.

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

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

Comparative Advantage Guam - Hong Kong

Flow
Scale

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

During 2023, Guam had a large net trade with Hong Kong in the exports of Precious Metals ($463k), Animal Hides ($462k), and Instruments ($252k).

During 2018, Hong Kong had a large net trade with Guam in the exports of Precious Metals ($6.64M), Instruments ($5.79M), and Animal Hides ($5.26M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Guam and Hong Kong. This means that a dot/product with the flag of Guam 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 Guam.

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

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