Flag Hong Kong / China Flag

2020
FlagFlag
Exports
: $25.9B, Rnk 1 / 196

2020
FlagFlag
Top Product
: $3.07B, Gas Turbines

2020
FlagFlag
Exports
: $262B, Rnk 2 / 209

2020
FlagFlag
Top Product
: $47.9B, Integrated Circuits

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

2020
Flag
Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

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

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

2020
Flag
 GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
Flag
GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

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

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

2020
Flag
GDP PC
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

Hong Kong-China In 2020, Hong Kong exported $25.9B to China. The main products that Hong Kong exported to China are Gas Turbines ($3.07B), Cast or Rolled Glass ($2.29B), and Gold ($1.48B). During the last 25 years the exports of Hong Kong to China have increased at an annualized rate of 1.65%, from $17.2B in 1995 to $25.9B in 2020.

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

China-Hong Kong In 2020, China exported $262B to Hong Kong. The main products that China exported to Hong Kong were Integrated Circuits ($47.9B), Broadcasting Equipment ($36.7B), and Office Machine Parts ($20.3B). During the last 25 years the exports of China to Hong Kong have increased at an annualized rate of 7.13%, from $46.8B in 1995 to $262B in 2020.

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

Comparison In 2020,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.11), and 33 in total exports ($126B). That same year, China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, Hong Kong exported $25.9B to China. The main products exported from Hong Kong to China were Gas Turbines ($3.07B), Cast or Rolled Glass ($2.29B), and Gold ($1.48B). During the last 25 years the exports of Hong Kong to China have increased at an annualized rate of 1.65%, from $17.2B in 1995 to $25.9B in 2020.

In 2020, China exported $262B to Hong Kong. The main products exported from China to Hong Kong were Integrated Circuits ($47.9B), Broadcasting Equipment ($36.7B), and Office Machine Parts ($20.3B). During the last 25 years the exports of China to Hong Kong have increased at an annualized rate of 7.13%, from $46.8B in 1995 to $262B in 2020.

Hong Kong Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Hong Kong
Top Destination
: China, $25.9B

China
Top Destination
: United States, $438B

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

In 2019, countries that imported more from Hong Kong than China were Guam ($31.7M), Northern Mariana Islands ($11.2M), and Andorra ($4.14M).

In 2019, countries that imported more from China than Hong Kong were United States ($438B), Japan ($151B), and Germany ($112B).

Comparative Advantage Hong Kong - China

#permalink to section
Flow

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

During 2020, Hong Kong had a large net trade with China in the exports of Machines ($10.1B), Vegetable Products ($2.63B), and Stone And Glass ($2.53B).

During 2020, China had a large net trade with Hong Kong in the exports of Machines ($192B), Instruments ($12.7B), and Precious Metals ($12.3B).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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