2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Hong Kong-Chinese Taipei Trade: In 2022, Hong Kong exported $2.76B to Chinese Taipei. The main products that Hong Kong exported to Chinese Taipei were Gas Turbines ($538M), Gold ($437M), and Jewellery ($356M). Over the past 5 years the exports of Hong Kong to Chinese Taipei have decreased at an annualized rate of 8.18%, from $4.23B in 2017 to $2.76B in 2022.

In 2022, Hong Kong did not export any services to Chinese Taipei.

Chinese Taipei-Hong Kong Trade: In 2022, Chinese Taipei exported $65.8B to Hong Kong. The main products that Chinese Taipei exported to Hong Kong were Integrated Circuits ($51.2B), Office Machine Parts ($2.37B), and Semiconductor Devices ($1.35B). Over the past 5 years the exports of Chinese Taipei to Hong Kong have increased at an annualized rate of 9.76%,  from $41.3B in 2017 to $65.8B in 2022.

In 2022, Chinese Taipei did not export any services to Hong Kong.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $2.76B to Chinese Taipei. The main products exported from Hong Kong to Chinese Taipei were Gas Turbines ($538M), Gold ($437M), and Jewellery ($356M). During the last 5 years the exports of Hong Kong to Chinese Taipei have decreased at an annualized rate of 8.18%, from $4.23B in 2017 to $2.76B in 2022.

In 2017, Chinese Taipei exported $65.8B to Hong Kong. The main products exported from Chinese Taipei to Hong Kong were Integrated Circuits ($51.2B), Office Machine Parts ($2.37B), and Semiconductor Devices ($1.35B). During the last 5 years the exports of Chinese Taipei to Hong Kong have increased at an annualized rate of 9.76%, from $41.3B in 2022 to $65.8B in 2017.

Exports from Hong Kong (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Hong Kong (Flag) (2022)

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Hong Kong than Chinese Taipei included India ($14.3B), Macau ($2.73B), and Switzerland ($4.11B).

In 2022, countries that imported more from Chinese Taipei than Hong Kong included China ($121B), United States ($82.6B), and Singapore ($38.6B).

Difference in imports from Chinese Taipei (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Chinese Taipei

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Chinese Taipei in the exports of Precious Metals ($1.08B), Machines ($776M), and Animal Products ($235M).

During 2017, Chinese Taipei had a large net trade with Hong Kong in the exports of Machines ($60B), Instruments ($1.39B), and Precious Metals ($1.22B).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Hong Kong and Chinese Taipei. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Chinese Taipei (Flag) (2022)

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