Hong Kong (HKG) and Australia (AUS) Trade | OEC - The Observatory of Economic Complexity

About

Hong Kong-Australia In 2020, Hong Kong exported $936M to Australia. The main products that Hong Kong exported to Australia are Silver ($244M), Gold ($199M), and Broadcasting Equipment ($50.5M). During the last 25 years the exports of Hong Kong to Australia have increased at an annualized rate of 0.32%, from $865M in 1995 to $936M in 2020.

In 2020, Hong Kong did not export any services to Australia.

Australia-Hong Kong In 2020, Australia exported $5.19B to Hong Kong. The main products that Australia exported to Hong Kong were Iron Ore ($1.94B), Gold ($1.29B), and Broadcasting Equipment ($130M). During the last 25 years the exports of Australia to Hong Kong have increased at an annualized rate of 3.41%, from $2.25B in 1995 to $5.19B in 2020.

In 2009, Australia exported services to Hong Kong worth $1.16B, with Travel ($662M), Transportation ($275M), and Other business services ($123M) being the largest in terms of value.

Comparison In 2020, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.11), and 33 in total exports ($126B). That same year, Australia ranked 74 in the Economic Complexity Index (ECI -0.31), and 22 in total exports ($250B).

Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, Hong Kong exported $936M to Australia. The main products exported from Hong Kong to Australia were Silver ($244M), Gold ($199M), and Broadcasting Equipment ($50.5M). During the last 25 years the exports of Hong Kong to Australia have increased at an annualized rate of 0.32%, from $865M in 1995 to $936M in 2020.

In 2020, Australia exported $5.19B to Hong Kong. The main products exported from Australia to Hong Kong were Iron Ore ($1.94B), Gold ($1.29B), and Broadcasting Equipment ($130M). During the last 25 years the exports of Australia to Hong Kong have increased at an annualized rate of 3.41%, from $2.25B in 1995 to $5.19B in 2020.

Latest Data

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Hong Kong Exports

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Date

Australia Exports

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Date

Market Competitiveness

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Measure

SectionYear

Hong Kong
Top Destination: China, $25.9B

Australia
Top Destination: China, $102B

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

In 2019, countries that imported more from Hong Kong than Australia were Switzerland ($12.1B), United Kingdom ($14.8B), and Netherlands ($5.72B).

In 2019, countries that imported more from Australia than Hong Kong were China ($102B), Japan ($31.8B), and South Korea ($17.2B).

Comparative Advantage Hong Kong - Australia

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Flow

Scale

Year

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

During 2020, Hong Kong had a large net trade with Australia in the exports of Precious Metals ($507M), Machines ($165M), and Instruments ($42.6M).

During 2020, Australia had a large net trade with Hong Kong in the exports of Mineral Products ($1.95B), Precious Metals ($1.44B), and Animal Products ($444M).

Service Trade

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Bilateral Service Trade

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Aus Year

In 2009, Australia exported services to Hong Kong worth $1.16B, with Travel ($662M), Transportation ($275M), and Other business services ($123M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Hong Kong Exports

Australia Exports

Market Competitiveness

Comparative Advantage Hong Kong - Australia

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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