2022
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GDP
$360BCURRENT US$
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2012-2022
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GDP GROWTH
37%CURRENT US$
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2022
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 GDP
$1.11TCURRENT US$
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GDP GROWTH
49.4%CURRENT US$
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GDP PC 
$48,984CURRENT US$
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GDP PC GROWTH
33.4%CURRENT US$
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2022
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GDP PC
$30,436CURRENT US$
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GDP PC GROWTH
26.5%CURRENT US$
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About

Hong Kong-Saudi Arabia In 2022, Hong Kong exported $1.02B to Saudi Arabia. The main products that Hong Kong exported to Saudi Arabia are Broadcasting Equipment ($530M), Computers ($138M), and Other Plastic Products ($57.9M). During the last 27 years the exports of Hong Kong to Saudi Arabia have increased at an annualized rate of 5.88%, from $219M in 1995 to $1.02B in 2022.

In 2022, Hong Kong did not export any services to Saudi Arabia.

Saudi Arabia-Hong Kong In 2022, Saudi Arabia exported $404M to Hong Kong. The main products that Saudi Arabia exported to Hong Kong were Gas Turbines ($121M), Raw Iron Bars ($87.9M), and Precious Metal Watches ($70.1M). During the last 27 years the exports of Saudi Arabia to Hong Kong have decreased at an annualized rate of 0.25%, from $433M in 1995 to $404M in 2022.

In 2022, Saudi Arabia did not export any services to Hong Kong.

Comparison In 2022,  Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99), and 39 in total exports ($113B). That same year, Saudi Arabia ranked 34 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $1.02B to Saudi Arabia. The main products exported from Hong Kong to Saudi Arabia were Broadcasting Equipment ($530M), Computers ($138M), and Other Plastic Products ($57.9M). During the last 27 years the exports of Hong Kong to Saudi Arabia have increased at an annualized rate of 5.88%, from $219M in 1995 to $1.02B in 2022.

In 2022, Saudi Arabia exported $404M to Hong Kong. The main products exported from Saudi Arabia to Hong Kong were Gas Turbines ($121M), Raw Iron Bars ($87.9M), and Precious Metal Watches ($70.1M). During the last 27 years the exports of Saudi Arabia to Hong Kong have decreased at an annualized rate of 0.25%, from $433M in 1995 to $404M in 2022.

Exports from Hong Kong (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Saudi Arabia (Flag)

Hong Kong Exports

Saudi Arabia Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Saudi Arabia
Top Destination
China$68B

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

In 2021, countries that imported more from Hong Kong than Saudi Arabia were Switzerland ($4.11B), Israel ($3.07B), and Macau ($2.73B).

In 2021, countries that imported more from Saudi Arabia than Hong Kong were China ($68B), Japan ($36.5B), and South Korea ($36B).

Difference in imports from Saudi Arabia (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Saudi Arabia

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Saudi Arabia in the exports of Machines ($798M), Plastics and Rubbers ($59.2M), and Textiles ($58M).

During 2022, Saudi Arabia had a large net trade with Hong Kong in the exports of Machines ($147M), Metals ($94.6M), and Instruments ($76M).

Economic Complexity

Competitive Landscape

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 Saudi Arabia. Similarly, the more yellow a dot/product is, the more Saudi Arabia has comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Saudi Arabia (Flag) (2022)

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