Flag Hong Kong / Canada Flag

Exports Flag β†’ Flag  (2018): $316M, Rnk 34 / 192

Top Product Flag β†’ Flag (2018): $43.8M, Jewellery

Exports Flag β†’ Flag (2018): $2.98B, Rnk 11 / 212

Top Product Flag β†’ Flag (2018): $1.45B, Gold

Economic Complexity of Flag (2018): ECI 0.89, Rnk 32 / 137

Economic Complexity of Flag (2018): ECI 0.98, Rnk 25 / 137

GDP Flag (2018): $363B, CURRENT US$
Rnk 34 / 196

GDP GROWTH Flag (2008-2018): 65.4%, CURRENT US$
Rnk 62 / 196

GDP Flag (2018): $1.71T, CURRENT US$
Rnk 10 / 196

GDP GROWTH Flag (2008-2018): 10.6%, CURRENT US$
Rnk 141 / 196

GDP PC Flag (2018): $48,676, CURRENT US$
Rnk 17 / 196

GDP PC GROWTH Flag (2008-2018): 54.4%, CURRENT US$
Rnk 40 / 196

GDP PC Flag (2018): $46,233, CURRENT US$
Rnk 20 / 196

GDP PC GROWTH Flag (2008-2018): -0.78%, CURRENT US$
Rnk 149 / 196

Hong Kong-Canada: In 2018, Hong Kong exported $316M to Canada. The main products exported from Hong Kong to Canada were Jewellery ($43.8M), Gas Turbines ($24.9M), and Tug Boats ($15.1M). During the last 23 years the exports of Hong Kong to Canada have decreased at an annualized rate of 4.89%, from $1B in 1995 to $316M in 2018.

Canada-Hong Kong: In 2018, Canada exported $2.98B to Hong Kong. The main products exported from Canada to Hong Kong were Gold ($1.45B), Frozen Bovine Meat ($128M), and Perfume Plants ($107M). During the last 23 years the exports of Canada to Hong Kong have increased at an annualized rate of 3.34%, from $1.4B in 1995 to $2.98B in 2018. In 2017, Canada exported services to Hong Kong worth $1.14B, with Travel ($604M), Transportation ($530M), and Government services, n.i.e. ($2M) being the largest in terms of value.

Comparison: In 2018, Hong Kong ranked 32 in the Economic Complexity Index (ECI 0.89), and 34 in total exports ($127B). That same year, Canada ranked 25 in the Economic Complexity Index (ECI 0.98), and 12 in total exports ($431B). In terms of GDP Per Capita, Hong Kong was ranked 17 with a GDP Per Capita of $48,676, and Canada was ranked 20 with a GDP Per Capita of $46,233.

Bilateral Trade by Products

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Depth
Value

In 2018, Hong Kong exported $316M to Canada. The main products exported from Hong Kong to Canada were Jewellery ($43.8M), Gas Turbines ($24.9M), and Tug Boats ($15.1M). During the last 23 years the exports of Hong Kong to Canada have decreased at an annualized rate of 4.89%, from $1B in 1995 to $316M in 2018.

In 2018, Canada exported $2.98B to Hong Kong. The main products exported from Canada to Hong Kong were Gold ($1.45B), Frozen Bovine Meat ($128M), and Perfume Plants ($107M). During the last 23 years the exports of Canada to Hong Kong have increased at an annualized rate of 3.34%, from $1.4B in 1995 to $2.98B in 2018.

Market Competitiveness

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Measure

Hong Kong
Top Destination
: China, $25.3B

Canada
Top Destination
: United States, $314B

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

In 2018, countries that imported more from Hong Kong than Canada were India ($16B), Vietnam ($10.5B), and Macau ($6.26B).

In 2018, countries that imported more from Canada than Hong Kong were United States ($314B), United Kingdom ($12.9B), and Japan ($10.2B).

Comparative Advantage Hong Kong - Canada

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Depth

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

During 2018, Hong Kong had a large net trade with Canada in the exports of Machines ($94.6M), Precious Metals ($45.7M), and Metals ($29.9M).

During 2018, Canada had a large net trade with Hong Kong in the exports of Precious Metals ($1.58B), Animal Products ($312M), and Machines ($271M).

Trade Forecasts

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This section shows a forecast for total trade between Hong Kong and Canada. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2017, Canada exported services to Hong Kong worth $1.14B, with Travel ($604M), Transportation ($530M), and Government services, n.i.e. ($2M) 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 red.  This mean that the more blue a dot/product is, the more Hong Kong has comparative advantage over Canada. Similarly, the more red a dot/product is, the more Canada has comparative advantage over Hong Kong.