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

About

Hong Kong-Australia In 2022, Hong Kong exported $1.05B to Australia. The main products that Hong Kong exported to Australia are Silver ($323M), Gold ($135M), and Motor-working Tools ($56.7M). During the last 27 years the exports of Hong Kong to Australia have increased at an annualized rate of 0.83%, from $839M in 1995 to $1.05B in 2022.

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

Australia-Hong Kong In 2022, Australia exported $4.44B to Hong Kong. The main products that Australia exported to Hong Kong were Gold ($2.71B), Crustaceans ($135M), and Wine ($122M). During the last 27 years the exports of Australia to Hong Kong have increased at an annualized rate of 2.57%, from $2.24B in 1995 to $4.44B in 2022.

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 2022, Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99), and 39 in total exports ($113B). That same year, Australia ranked 77 in the Economic Complexity Index (ECI -0.35), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hong Kong exported $1.05B to Australia. The main products exported from Hong Kong to Australia were Silver ($323M), Gold ($135M), and Motor-working Tools ($56.7M). During the last 27 years the exports of Hong Kong to Australia have increased at an annualized rate of 0.83%, from $839M in 1995 to $1.05B in 2022.

In 2022, Australia exported $4.44B to Hong Kong. The main products exported from Australia to Hong Kong were Gold ($2.71B), Crustaceans ($135M), and Wine ($122M). During the last 27 years the exports of Australia to Hong Kong have increased at an annualized rate of 2.57%, from $2.24B in 1995 to $4.44B in 2022.

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

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

Latest Data

Trade between Hong Kong () and Australia ()

Hong Kong Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$23.4B

Australia
Top DestinationChina$123B

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 2021, countries that imported more from Hong Kong than Australia were Israel ($3.07B), Macau ($2.73B), and Russia ($2.38B).

In 2021, countries that imported more from Australia than Hong Kong were China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Hong Kong - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hong Kong had a large net trade with Australia in the exports of Precious Metals ($569M), Machines ($235M), and Instruments ($52.7M).

During 2022, Australia had a large net trade with Hong Kong in the exports of Precious Metals ($2.83B), Animal Products ($407M), and Machines ($258M).

Service Trade

Bilateral Service Trade

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.

Services Exports from Australia () to Hong Kong () (2009)

Economic Complexity

Competitive Landscape

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

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

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

Latest Data

Trade between Hong Kong () and Australia ()

Hong Kong Exports

Australia Exports

Market Competitiveness

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

Comparative Advantage Hong Kong - Australia

Service Trade

Bilateral Service Trade

Services Exports from Australia () to Hong Kong () (2009)

Economic Complexity

Competitive Landscape

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

Keep Exploring