Flag Hong Kong / South Korea Flag

2020
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Exports
: $1.8B, Rnk 18 / 196

2020
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Top Product
: $547M, Integrated Circuits

2020
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Exports
: $30.9B, Rnk 4 / 218

2020
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Top Product
: $18.4B, Integrated Circuits

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

2020
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Economic Complexity (ECI)
: ECI 1.88, Rnk 5 / 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
: $1.64T, CURRENT US$
Rnk 10 / 195

2010-2020
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GDP GROWTH
: 43.2%, CURRENT US$
Rnk 69 / 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
: $31,631, CURRENT US$
Rnk 32 / 195

2010-2020
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GDP PC GROWTH
: 37%, CURRENT US$
Rnk 45 / 195

Hong Kong-South Korea In 2020, Hong Kong exported $1.8B to South Korea. The main products that Hong Kong exported to South Korea are Integrated Circuits ($547M), Gold ($201M), and Office Machine Parts ($170M). During the last 25 years the exports of Hong Kong to South Korea have increased at an annualized rate of 2.34%, from $1.01B in 1995 to $1.8B in 2020.

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

South Korea-Hong Kong In 2020, South Korea exported $30.9B to Hong Kong. The main products that South Korea exported to Hong Kong were Integrated Circuits ($18.4B), Office Machine Parts ($1.93B), and Blank Audio Media ($1.11B). During the last 25 years the exports of South Korea to Hong Kong have increased at an annualized rate of 4.59%, from $10.1B in 1995 to $30.9B in 2020.

In 2005, South Korea exported services to Hong Kong worth $2.8B, with Transportation ($1.85B), Other business services ($547M), and Travel ($333M) 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, South Korea ranked 5 in the Economic Complexity Index (ECI 1.88), and 5 in total exports ($531B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Hong Kong exported $1.8B to South Korea. The main products exported from Hong Kong to South Korea were Integrated Circuits ($547M), Gold ($201M), and Office Machine Parts ($170M). During the last 25 years the exports of Hong Kong to South Korea have increased at an annualized rate of 2.34%, from $1.01B in 1995 to $1.8B in 2020.

In 2020, South Korea exported $30.9B to Hong Kong. The main products exported from South Korea to Hong Kong were Integrated Circuits ($18.4B), Office Machine Parts ($1.93B), and Blank Audio Media ($1.11B). During the last 25 years the exports of South Korea to Hong Kong have increased at an annualized rate of 4.59%, from $10.1B in 1995 to $30.9B in 2020.

Hong Kong Exports

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South Korea Exports

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Market Competitiveness

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Measure

Hong Kong
Top Destination
: China, $25.9B

South Korea
Top Destination
: China, $131B

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

In 2019, countries that imported more from Hong Kong than South Korea were Switzerland ($12.1B), United Kingdom ($14.8B), and India ($14.2B).

In 2019, countries that imported more from South Korea than Hong Kong were China ($131B), United States ($75B), and Vietnam ($48B).

Comparative Advantage Hong Kong - South Korea

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Flow

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

During 2020, Hong Kong had a large net trade with South Korea in the exports of Machines ($1.03B), Precious Metals ($229M), and Animal Products ($221M).

During 2020, South Korea had a large net trade with Hong Kong in the exports of Machines ($24.1B), Chemical Products ($1.58B), and Precious Metals ($1.25B).

Bilateral Service Trade

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In 2005, South Korea exported services to Hong Kong worth $2.8B, with Transportation ($1.85B), Other business services ($547M), and Travel ($333M) 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 South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Hong Kong.