Hong Kong (HKG) and United Kingdom (GBR) Trade | OEC - The Observatory of Economic Complexity

About

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

Year

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.

Latest Data

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Hong Kong Exports

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Date

United Kingdom Exports

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Date

Market Competitiveness

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Measure

SectionYear

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

Year

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).

Service Trade

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Bilateral Service Trade

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Gbr Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Hong Kong Exports

United Kingdom Exports

Market Competitiveness

Comparative Advantage Hong Kong - United Kingdom

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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