Flag Hong Kong / Australia Flag

2020
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Exports
: $936M, Rnk 22 / 196

2020
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Top Product
: $244M, Silver

2020
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Exports
: $5.19B, Rnk 10 / 211

2020
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Top Product
: $1.94B, Iron Ore

2020
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Economic Complexity (ECI)
: ECI 1.11, Rnk 23 / 127

2020
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Economic Complexity (ECI)
: ECI -0.31, Rnk 74 / 127

2020
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GDP
: $347B, CURRENT US$
Rnk 35 / 195

2010-2020
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GDP GROWTH
: 51.6%, CURRENT US$
Rnk 54 / 195

2020
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 GDP
: $1.33T, CURRENT US$
Rnk 13 / 195

2010-2020
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GDP GROWTH
: 15.7%, CURRENT US$
Rnk 128 / 195

2020
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GDP PC 
: $46,324, CURRENT US$
Rnk 18 / 195

2010-2020
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GDP PC GROWTH
: 42.3%, CURRENT US$
Rnk 37 / 195

2020
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GDP PC
: $51,693, CURRENT US$
Rnk 14 / 195

2010-2020
Flag
GDP PC GROWTH
: -0.76%, CURRENT US$
Rnk 142 / 195

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 2018, Australia exported services to Hong Kong worth $2.19B, with Travel ($1.18B), Transportation ($461M), and Other business services ($302M) 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
Compare to

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.

Hong Kong Exports

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Australia Exports

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Market Competitiveness

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Measure

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

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).

Bilateral Service Trade

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In 2018, Australia exported services to Hong Kong worth $2.19B, with Travel ($1.18B), Transportation ($461M), and Other business services ($302M) 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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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Hong Kong has comparative advantage over Australia. Similarly, the more red a dot/product is, the more Australia has comparative advantage over Hong Kong.