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2023
Flag → Flag
Exports $2.15BRnk 18 / 198
2023
Flag → Flag
Top Product $626MJewellery
2023
Flag → Flag
Exports $1.4BRnk 1 / 123
2023
Flag → Flag
Top Product $390MJewellery
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
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GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
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GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
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 GDP$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
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GDP GROWTH-11.1%CURRENT US$
Rnk 182 / 195
2023
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GDP PC $50,532CURRENT US$
Rnk 25 / 195
2013-2023
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GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195
2023
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GDP PC$67,477CURRENT US$
Rnk 15 / 196
2013-2023
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GDP PC GROWTH-22.5%CURRENT US$
Rnk 181 / 195

About

Hong Kong-Macau Trade: In 2023, Hong Kong exported $2.15B to Macau. The main products that Hong Kong exported to Macau were Jewellery ($626M), Cars ($188M), and Concentrated Milk ($94.7M). Over the past 5 years the exports of Hong Kong to Macau have decreased at an annualized rate of 0.79%, from $2.24B in 2018 to $2.15B in 2023.

In 2023, Hong Kong did not export any services to Macau.

Macau-Hong Kong Trade: In 2023, Macau exported $1.4B to Hong Kong. The main products that Macau exported to Hong Kong were Jewellery ($390M), Broadcasting Equipment ($172M), and Precious Metal Watches ($126M). Over the past 5 years the exports of Macau to Hong Kong have increased at an annualized rate of 9.06%,  from $910M in 2018 to $1.4B in 2023.

In 2023, Macau did not export any services to Hong Kong.

Comparison In 2023,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12),  and 38 in total exports ($117B). That same year, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hong Kong exported $2.15B to Macau. The main products exported from Hong Kong to Macau were Jewellery ($626M), Cars ($188M), and Concentrated Milk ($94.7M). During the last 5 years the exports of Hong Kong to Macau have decreased at an annualized rate of 0.79%, from $2.24B in 2018 to $2.15B in 2023.

In 2018, Macau exported $1.4B to Hong Kong. The main products exported from Macau to Hong Kong were Jewellery ($390M), Broadcasting Equipment ($172M), and Precious Metal Watches ($126M). During the last 5 years the exports of Macau to Hong Kong have increased at an annualized rate of 9.06%, from $910M in 2023 to $1.4B in 2018.

Exports from Hong Kong (Flag) to Macau (Flag) (2023)

Exports from Macau (Flag) to Hong Kong (Flag) (2023)

Latest Data

Trade between Hong Kong (Flag) and Macau (Flag)

Hong Kong Exports

Macau Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$25.3B
Macau
Top DestinationHong Kong$1.4B

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

In 2023, countries that imported more from Hong Kong than Macau included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, no countries were registered that imported more from Macau than from Hong Kong.

Difference in imports from Macau (Flag) and Hong Kong (Flag) (2023)

Comparative Advantage Hong Kong - Macau

Flow
Scale

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

During 2023, Hong Kong had a large net trade with Macau in the exports of Precious Metals ($669M), Animal Products ($408M), and Transportation ($210M).

During 2018, Macau had a large net trade with Hong Kong in the exports of Precious Metals ($417M), Machines ($338M), and Instruments ($226M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Hong Kong and Macau. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Macau. Similarly, a dot/product with the flag of Macau indicates it has a comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Macau (Flag) (2023)

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