2023
Flag  
GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC 
$50,532CURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195

About

Hong Kong-Northern Mariana Islands Trade: In 2023, Hong Kong exported $11.6M to Northern Mariana Islands. The main products that Hong Kong exported to Northern Mariana Islands were Jewellery ($3.69M), Trunks and Cases ($2.34M), and Base Metal Watches ($1.76M). Over the past 5 years the exports of Hong Kong to Northern Mariana Islands have decreased at an annualized rate of 28%, from $59.9M in 2018 to $11.6M in 2023.

In 2023, Hong Kong did not export any services to Northern Mariana Islands.

Northern Mariana Islands-Hong Kong Trade: In 2023, Northern Mariana Islands exported $159k to Hong Kong. The main products that Northern Mariana Islands exported to Hong Kong were Trunks and Cases ($79.4k), Base Metal Watches ($28.6k), and Jewellery ($27.8k). Over the past 5 years the exports of Northern Mariana Islands to Hong Kong have increased at an annualized rate of 6.63%,  from $102k in 2018 to $159k in 2023.

In 2023, Northern Mariana Islands 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, Northern Mariana Islands ranked 225 in total exports ($1.33M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hong Kong exported $11.6M to Northern Mariana Islands. The main products exported from Hong Kong to Northern Mariana Islands were Jewellery ($3.69M), Trunks and Cases ($2.34M), and Base Metal Watches ($1.76M). During the last 5 years the exports of Hong Kong to Northern Mariana Islands have decreased at an annualized rate of 28%, from $59.9M in 2018 to $11.6M in 2023.

In 2018, Northern Mariana Islands exported $159k to Hong Kong. The main products exported from Northern Mariana Islands to Hong Kong were Trunks and Cases ($79.4k), Base Metal Watches ($28.6k), and Jewellery ($27.8k). During the last 5 years the exports of Northern Mariana Islands to Hong Kong have increased at an annualized rate of 6.63%, from $102k in 2023 to $159k in 2018.

Exports from Hong Kong (Flag) to Northern Mariana Islands (Flag) (2023)

Exports from Northern Mariana Islands (Flag) to Hong Kong (Flag) (2023)

Latest Data

Trade between Hong Kong (Flag) and Northern Mariana Islands (Flag)

Hong Kong Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$25.3B
Northern Mariana Islands
Top Destination
Sweden$283k

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

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

In 2023, no countries were registered that imported more from Northern Mariana Islands than from Hong Kong.

Difference in imports from Northern Mariana Islands (Flag) and Hong Kong (Flag) (2023)

Comparative Advantage Hong Kong - Northern Mariana Islands

Flow
Scale

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

During 2023, Hong Kong had a large net trade with Northern Mariana Islands in the exports of Precious Metals ($3.99M), Instruments ($2.45M), and Animal Hides ($2.42M).

During 2018, Northern Mariana Islands had a large net trade with Hong Kong in the exports of Animal Hides ($83.8k), Instruments ($29.1k), and Precious Metals ($27.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Northern Mariana Islands (Flag) (2023)

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