Hong Kong (HKG) and Thailand (THA) Trade

About

Hong Kong-Thailand: In 2018, Hong Kong exported $3.43B to Thailand. The main products exported from Hong Kong to Thailand were Gold ($1.57B), Diamonds ($482M), and Gas Turbines ($264M). During the last 23 years the exports of Hong Kong to Thailand have increased at an annualized rate of 6.18%, from $864M in 1995 to $3.43B in 2018.

Thailand-Hong Kong: In 2018, Thailand exported $12.5B to Hong Kong. The main products exported from Thailand to Hong Kong were Office Machine Parts ($3.33B), Integrated Circuits ($2.07B), and Diamonds ($677M). During the last 23 years the exports of Thailand to Hong Kong have increased at an annualized rate of 6.35%, from $3.04B in 1995 to $12.5B 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, Thailand ranked 28 in the Economic Complexity Index (ECI 0.93), and 22 in total exports ($262B). In terms of GDP Per Capita, Hong Kong was ranked 17 with a GDP Per Capita of $48,676, and Thailand was ranked 91 with a GDP Per Capita of $7,274.

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2018, Hong Kong exported $3.43B to Thailand. The main products exported from Hong Kong to Thailand were Gold ($1.57B), Diamonds ($482M), and Gas Turbines ($264M). During the last 23 years the exports of Hong Kong to Thailand have increased at an annualized rate of 6.18%, from $864M in 1995 to $3.43B in 2018.

In 2018, Thailand exported $12.5B to Hong Kong. The main products exported from Thailand to Hong Kong were Office Machine Parts ($3.33B), Integrated Circuits ($2.07B), and Diamonds ($677M). During the last 23 years the exports of Thailand to Hong Kong have increased at an annualized rate of 6.35%, from $3.04B in 1995 to $12.5B in 2018.

Monthly Trade

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Date

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Market Competitiveness

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Measure

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Hong Kong
Top Destination: China, $25.3B

Thailand
Top Destination: China, $31B

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

In 2018, countries that imported more from Hong Kong than Thailand were India ($16B), Macau ($6.26B), and Netherlands ($7.05B).

In 2018, countries that imported more from Thailand than Hong Kong were United States ($29.3B), Japan ($24.9B), and Australia ($11.1B).

Comparative Advantage Hong Kong - Thailand

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Year

Depth

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

During 2018, Hong Kong had a large net trade with Thailand in the exports of Precious Metals ($2.31B), Machines ($613M), and Textiles ($99.3M).

During 2018, Thailand had a large net trade with Hong Kong in the exports of Machines ($8.12B), Precious Metals ($1.78B), and Vegetable Products ($525M).

Tariff Section

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Tariffs

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In 2018, Hong Kong and Thailand don't have data regarding the tariffs applied to the products exported, given a no tariff policy, or don't having any tariff history reported whatsoever.

To explore the different product levels and year available with data, visit our Tariff Explorer Section.

Explore Tariff Data

Forecasts

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Trade Forecasts

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

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Competitive Landscape

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Year

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

About

Product Trade

Bilateral Trade by Products

Monthly Trade

Market Competitiveness

Comparative Advantage Hong Kong - Thailand

Tariff Section

Tariffs

Forecasts

Trade Forecasts

Economic Complexity

Competitive Landscape

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