Flag Hong Kong / Pakistan Flag

Exports Flag β†’ Flag  (2018): $215M, Rnk 44 / 192

Top Product Flag β†’ Flag (2018): $97.7M, Broadcasting Equipment

Exports Flag β†’ Flag (2018): $122M, Rnk 43 / 196

Top Product Flag β†’ Flag (2018): $30.2M, Non-Retail Pure Cotton Yarn

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

Economic Complexity of Flag (2018): ECI -0.73, Rnk 104 / 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): $315B, CURRENT US$
Rnk 39 / 196

GDP GROWTH Flag (2008-2018): 85%, CURRENT US$
Rnk 44 / 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): $1,482, CURRENT US$
Rnk 163 / 196

GDP PC GROWTH Flag (2008-2018): 49.6%, CURRENT US$
Rnk 45 / 196

Hong Kong-Pakistan: In 2018, Hong Kong exported $215M to Pakistan. The main products exported from Hong Kong to Pakistan were Broadcasting Equipment ($97.7M), Gas Turbines ($18.8M), and Unprocessed Artificial Staple Fibers ($11.4M). During the last 23 years the exports of Hong Kong to Pakistan have increased at an annualized rate of 4.66%, from $75.4M in 1995 to $215M in 2018.

Pakistan-Hong Kong: In 2018, Pakistan exported $122M to Hong Kong. The main products exported from Pakistan to Hong Kong were Non-Retail Pure Cotton Yarn ($30.2M), Tanned Equine and Bovine Hides ($18.9M), and Heavy Pure Woven Cotton ($7.53M). During the last 23 years the exports of Pakistan to Hong Kong have decreased at an annualized rate of 6.77%, from $611M in 1995 to $122M in 2018.

Comparison: In 2018, Hong Kong ranked 32 in the Economic Complexity Index (ECI 0.89), and 34 in total exports ($127B). That same year, Pakistan ranked 104 in the Economic Complexity Index (ECI -0.73), and 69 in total exports ($26.7B). In terms of GDP Per Capita, Hong Kong was ranked 17 with a GDP Per Capita of $48,676, and Pakistan was ranked 163 with a GDP Per Capita of $1,482.

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2018, Hong Kong exported $215M to Pakistan. The main products exported from Hong Kong to Pakistan were Broadcasting Equipment ($97.7M), Gas Turbines ($18.8M), and Unprocessed Artificial Staple Fibers ($11.4M). During the last 23 years the exports of Hong Kong to Pakistan have increased at an annualized rate of 4.66%, from $75.4M in 1995 to $215M in 2018.

In 2018, Pakistan exported $122M to Hong Kong. The main products exported from Pakistan to Hong Kong were Non-Retail Pure Cotton Yarn ($30.2M), Tanned Equine and Bovine Hides ($18.9M), and Heavy Pure Woven Cotton ($7.53M). During the last 23 years the exports of Pakistan to Hong Kong have decreased at an annualized rate of 6.77%, from $611M in 1995 to $122M in 2018.

Market Competitiveness

#permalink to section
Measure

Hong Kong
Top Destination
: China, $25.3B

Pakistan
Top Destination
: United States, $3.52B

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

In 2018, countries that imported more from Hong Kong than Pakistan were China ($25.3B), India ($16B), and Vietnam ($10.5B).

In 2018, countries that imported more from Pakistan than Hong Kong were Afghanistan ($1.67B), Spain ($1.01B), and Italy ($780M).

Comparative Advantage Hong Kong - Pakistan

#permalink to section
Depth

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

During 2018, Hong Kong had a large net trade with Pakistan in the exports of Machines ($142M), Textiles ($17.7M), and Metals ($13.2M).

During 2018, Pakistan had a large net trade with Hong Kong in the exports of Textiles ($59.2M), Animal Hides ($31.6M), and Animal Products ($8.19M).

Trade Forecasts

#permalink to section

This section shows a forecast for total trade between Hong Kong and Pakistan. 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

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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 Pakistan. Similarly, the more red a dot/product is, the more Pakistan has comparative advantage over Hong Kong.