Flag Hong Kong / United Kingdom Flag

2020
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Exports
: $14.8B, Rnk 2 / 196

2020
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Top Product
: $12.2B, Gold

2020
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Exports
: $8.93B, Rnk 11 / 221

2020
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Top Product
: $2.48B, Gas Turbines

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

2020
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Economic Complexity (ECI)
: ECI 1.42, Rnk 13 / 127

2020
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GDP
: $345B, CURRENT US$
Rnk 37 / 204

2010-2020
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GDP GROWTH
: 50.8%, CURRENT US$
Rnk 55 / 204

2020
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 GDP
: $2.76T, CURRENT US$
Rnk 5 / 204

2010-2020
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GDP GROWTH
: 10.7%, CURRENT US$
Rnk 139 / 204

2020
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GDP PC 
: $46,101, CURRENT US$
Rnk 21 / 204

2010-2020
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GDP PC GROWTH
: 41.6%, CURRENT US$
Rnk 39 / 204

2020
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GDP PC
: $41,098, CURRENT US$
Rnk 27 / 204

2010-2020
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GDP PC GROWTH
: 3.55%, CURRENT US$
Rnk 127 / 204

Hong Kong-United Kingdom In 2020, Hong Kong exported $14.8B to United Kingdom. The main products that Hong Kong exported to United Kingdom are Gold ($12.2B), Gas Turbines ($369M), and Silver ($232M). During the last 25 years the exports of Hong Kong to United Kingdom have increased at an annualized rate of 3.99%, from $5.58B in 1995 to $14.8B in 2020.

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

United Kingdom-Hong Kong In 2020, United Kingdom exported $8.93B to Hong Kong. The main products that United Kingdom exported to Hong Kong were Gas Turbines ($2.48B), Platinum ($1.74B), and Gold ($726M). During the last 25 years the exports of United Kingdom to Hong Kong have increased at an annualized rate of 3.12%, from $4.15B in 1995 to $8.93B in 2020.

In 2019, United Kingdom exported services to Hong Kong worth $4.5B, with Other business services ($1.94B), Travel ($795M), and Financial services ($788M) 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, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.42), and 11 in total exports ($371B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Hong Kong exported $14.8B to United Kingdom. The main products exported from Hong Kong to United Kingdom were Gold ($12.2B), Gas Turbines ($369M), and Silver ($232M). During the last 25 years the exports of Hong Kong to United Kingdom have increased at an annualized rate of 3.99%, from $5.58B in 1995 to $14.8B in 2020.

In 2020, United Kingdom exported $8.93B to Hong Kong. The main products exported from United Kingdom to Hong Kong were Gas Turbines ($2.48B), Platinum ($1.74B), and Gold ($726M). During the last 25 years the exports of United Kingdom to Hong Kong have increased at an annualized rate of 3.12%, from $4.15B in 1995 to $8.93B in 2020.

Hong Kong Exports

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United Kingdom Exports

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Market Competitiveness

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Measure

Hong Kong
Top Destination
: China, $25.9B

United Kingdom
Top Destination
: United States, $51.7B

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

In 2019, countries that imported more from Hong Kong than United Kingdom were India ($14.2B), China ($25.9B), and Philippines ($2.84B).

In 2019, countries that imported more from United Kingdom than Hong Kong were United States ($51.7B), Germany ($39.9B), and Ireland ($26.8B).

Comparative Advantage Hong Kong - United Kingdom

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Flow

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

During 2020, Hong Kong had a large net trade with United Kingdom in the exports of Precious Metals ($12.6B), Machines ($1.08B), and Textiles ($307M).

During 2020, United Kingdom had a large net trade with Hong Kong in the exports of Machines ($3.41B), Precious Metals ($2.96B), and Instruments ($568M).

Bilateral Service Trade

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In 2019, United Kingdom exported services to Hong Kong worth $4.5B, with Other business services ($1.94B), Travel ($795M), and Financial services ($788M) 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 yellow.  This mean that the more blue a dot/product is, the more Hong Kong has comparative advantage over United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Hong Kong.