Flag Hong Kong / Thailand Flag

Exports Flag β†’ Flag  (2018): $3.43B, Rnk 11 / 192

Top Product Flag β†’ Flag (2018): $1.57B, Gold

Exports Flag β†’ Flag (2018): $12.5B, Rnk 5 / 217

Top Product Flag β†’ Flag (2018): $3.33B, Office Machine Parts

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

Economic Complexity of Flag (2018): ECI 0.93, Rnk 28 / 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): $505B, CURRENT US$
Rnk 25 / 196

GDP GROWTH Flag (2008-2018): 73.3%, CURRENT US$
Rnk 51 / 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): $7,274, CURRENT US$
Rnk 91 / 196

GDP PC GROWTH Flag (2008-2018): 66.1%, CURRENT US$
Rnk 31 / 196

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.

Bilateral Trade by Products

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Depth
Value

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.

Market Competitiveness

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Measure

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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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).

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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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.