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Pricing

2022
Flag → Flag
Exports $22.6MRnk 115 / 198
2022
Flag → Flag
Top Product $5.23MX-Ray Equipment
2022
Flag → Flag
Exports $26.5MRnk 90 / 191
2022
Flag → Flag
Top Product $8.45MGas Turbines
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Hong Kong-Ukraine Trade: In 2022, Hong Kong exported $22.6M to Ukraine. The main products that Hong Kong exported to Ukraine were X-Ray Equipment ($5.23M), Compasses ($4.41M), and Calculators ($1.08M). Over the past 5 years the exports of Hong Kong to Ukraine have decreased at an annualized rate of 10.9%, from $40.2M in 2017 to $22.6M in 2022.

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

Ukraine-Hong Kong Trade: In 2022, Ukraine exported $26.5M to Hong Kong. The main products that Ukraine exported to Hong Kong were Gas Turbines ($8.45M), Engine Parts ($2.82M), and Poultry Meat ($1.24M). Over the past 5 years the exports of Ukraine to Hong Kong have decreased at an annualized rate of 22.2%,  from $93M in 2017 to $26.5M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $22.6M to Ukraine. The main products exported from Hong Kong to Ukraine were X-Ray Equipment ($5.23M), Compasses ($4.41M), and Calculators ($1.08M). During the last 5 years the exports of Hong Kong to Ukraine have decreased at an annualized rate of 10.9%, from $40.2M in 2017 to $22.6M in 2022.

In 2017, Ukraine exported $26.5M to Hong Kong. The main products exported from Ukraine to Hong Kong were Gas Turbines ($8.45M), Engine Parts ($2.82M), and Poultry Meat ($1.24M). During the last 5 years the exports of Ukraine to Hong Kong have decreased at an annualized rate of 22.2%, from $93M in 2022 to $26.5M in 2017.

Exports from Hong Kong (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Ukraine (Flag)

Hong Kong Exports

Ukraine Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Ukraine
Top DestinationPoland$6.7B

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

In 2022, countries that imported more from Hong Kong than Ukraine included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Ukraine than Hong Kong included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

Difference in imports from Ukraine (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Ukraine

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Ukraine in the exports of Instruments ($11.4M), Machines ($6.33M), and Plastics and Rubbers ($1.14M).

During 2017, Ukraine had a large net trade with Hong Kong in the exports of Machines ($13.8M), Animal Products ($2.81M), and Vegetable Products ($1.41M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Ukraine+$20MTelephones
Top Product Potential Ukraine Hong Kong+$5.7MGas Turbines

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Ukraine (Flag) (2022)

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