Hong Kong (HKG) and Canada (CAN) Trade | The Observatory of Economic Complexity

About

Hong Kong-Canada In 2022, Hong Kong exported $418M to Canada. The main products that Hong Kong exported to Canada are Jewellery ($59.4M), Gas Turbines ($30.4M), and Computers ($22M). During the last 27 years the exports of Hong Kong to Canada have decreased at an annualized rate of 3.35%, from $1.05B in 1995 to $418M in 2022.

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

Canada-Hong Kong In 2022, Canada exported $2.65B to Hong Kong. The main products that Canada exported to Hong Kong were Gold ($1.56B), Scrap Aluminium ($101M), and Integrated Circuits ($101M). During the last 27 years the exports of Canada to Hong Kong have increased at an annualized rate of 2.56%, from $1.34B in 1995 to $2.65B in 2022.

In 2020, Canada exported services to Hong Kong worth $1.02B, with Transportation ($552M), Financial services ($152M), and Royalties and license fees ($144M) 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hong Kong exported $418M to Canada. The main products exported from Hong Kong to Canada were Jewellery ($59.4M), Gas Turbines ($30.4M), and Computers ($22M). During the last 27 years the exports of Hong Kong to Canada have decreased at an annualized rate of 3.35%, from $1.05B in 1995 to $418M in 2022.

In 2022, Canada exported $2.65B to Hong Kong. The main products exported from Canada to Hong Kong were Gold ($1.56B), Scrap Aluminium ($101M), and Integrated Circuits ($101M). During the last 27 years the exports of Canada to Hong Kong have increased at an annualized rate of 2.56%, from $1.34B in 1995 to $2.65B in 2022.

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

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

Latest Data

Trade between Hong Kong () and Canada ()

Hong Kong Exports

Date

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$23.4B

Canada
Top DestinationUnited States$438B

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

In 2021, countries that imported more from Hong Kong than Canada were India ($14.3B), Macau ($2.73B), and Malaysia ($3.84B).

In 2021, countries that imported more from Canada than Hong Kong were United States ($438B), Japan ($14.3B), and United Kingdom ($12.9B).

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

Comparative Advantage Hong Kong - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hong Kong had a large net trade with Canada in the exports of Machines ($143M), Precious Metals ($83.8M), and Metals ($49.6M).

During 2022, Canada had a large net trade with Hong Kong in the exports of Precious Metals ($1.58B), Machines ($294M), and Animal Products ($185M).

Service Trade

Bilateral Service Trade

Can Year

In 2020, Canada exported services to Hong Kong worth $1.02B, with Transportation ($552M), Financial services ($152M), and Royalties and license fees ($144M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to Hong Kong () (2020)

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Hong Kong () and Canada ()

Hong Kong Exports

Canada Exports

Market Competitiveness

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

Comparative Advantage Hong Kong - Canada

Service Trade

Bilateral Service Trade

Services Exports from Canada () to Hong Kong () (2020)

Economic Complexity

Competitive Landscape

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

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