Guam (GUM) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Guam-Hong Kong Trade: In 2022, Guam exported $2.15M to Hong Kong. The main products that Guam exported to Hong Kong were Jewellery ($630k), Base Metal Watches ($435k), and Trunks and Cases ($345k). Over the past 5 years the exports of Guam to Hong Kong have decreased at an annualized rate of 8.36%, from $3.32M in 2017 to $2.15M in 2022.

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

Hong Kong-Guam Trade: In 2022, Hong Kong exported $32.5M to Guam. The main products that Hong Kong exported to Guam were Jewellery ($7.61M), Base Metal Watches ($6.93M), and Trunks and Cases ($4.11M). Over the past 5 years the exports of Hong Kong to Guam have decreased at an annualized rate of 15.5%, from $75.5M in 2017 to $32.5M in 2022.

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

Comparison In 2022, Guam ranked 208 in total exports ($27.7M), and does not have data regarding Economic Complexity Index. That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guam exported $2.15M to Hong Kong. The main products exported from Guam to Hong Kong were Jewellery ($630k), Base Metal Watches ($435k), and Trunks and Cases ($345k). During the last 5 years the exports of Guam to Hong Kong have decreased at an annualized rate of 8.36%, from $3.32M in 2017 to $2.15M in 2022.

In 2017, Hong Kong exported $32.5M to Guam. The main products exported from Hong Kong to Guam were Jewellery ($7.61M), Base Metal Watches ($6.93M), and Trunks and Cases ($4.11M). During the last 5 years the exports of Hong Kong to Guam have decreased at an annualized rate of 15.5%, from $75.5M in 2022 to $32.5M in 2017.

Exports from Guam () to Hong Kong () (2022)

Exports from Hong Kong () to Guam () (2022)

Latest Data

Trade between Guam () and Hong Kong ()

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guam
Top DestinationSingapore$8.42M

Hong Kong
Top DestinationChina$23.4B

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 2022, no countries were registered that imported more from Guam than from Hong Kong.

In 2022, countries that imported more from Hong Kong than Guam included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong () and Guam () (2022)

Comparative Advantage Guam - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guam had a large net trade with Hong Kong in the exports of Precious Metals ($663k), Instruments ($650k), and Animal Hides ($345k).

During 2017, Hong Kong had a large net trade with Guam in the exports of Precious Metals ($7.84M), Instruments ($7.54M), and Animal Hides ($4.31M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Guam () to Hong Kong () (2022)

Exports from Hong Kong () to Guam () (2022)

Latest Data

Trade between Guam () and Hong Kong ()

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Guam () (2022)

Comparative Advantage Guam - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guam () and Hong Kong () (2022)

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