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Pricing

2023
Flag → Flag
Exports $54.2MRnk 75 / 198
2023
Flag → Flag
Top Product $30.7MCompasses
2023
Flag → Flag
Exports $26.8MRnk 81 / 193
2023
Flag → Flag
Top Product $8.34MSeed Oils
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.39Rnk 47 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
 GDP$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC $50,532CURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 95 / 195

About

Hong Kong-Ukraine Trade: In 2023, Hong Kong exported $54.2M to Ukraine. The main products that Hong Kong exported to Ukraine were Compasses ($30.7M), Computers ($5.66M), and Calculators ($4.64M). Over the past 5 years the exports of Hong Kong to Ukraine have decreased at an annualized rate of 14.4%, from $118M in 2018 to $54.2M in 2023.

In 2023, Hong Kong did not export any services to Ukraine.

Ukraine-Hong Kong Trade: In 2023, Ukraine exported $26.8M to Hong Kong. The main products that Ukraine exported to Hong Kong were Seed Oils ($8.34M), Poultry Meat ($4.58M), and Refined Petroleum ($2.85M). Over the past 5 years the exports of Ukraine to Hong Kong have decreased at an annualized rate of 19.7%,  from $80.1M in 2018 to $26.8M in 2023.

In 2023, Ukraine did not export any services to Hong Kong.

Comparison: In 2023,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). That same year, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hong Kong exported $54.2M to Ukraine. The main products exported from Hong Kong to Ukraine were Compasses ($30.7M), Computers ($5.66M), and Calculators ($4.64M). During the last 5 years the exports of Hong Kong to Ukraine have decreased at an annualized rate of 14.4%, from $118M in 2018 to $54.2M in 2023.

In 2018, Ukraine exported $26.8M to Hong Kong. The main products exported from Ukraine to Hong Kong were Seed Oils ($8.34M), Poultry Meat ($4.58M), and Refined Petroleum ($2.85M). During the last 5 years the exports of Ukraine to Hong Kong have decreased at an annualized rate of 19.7%, from $80.1M in 2023 to $26.8M in 2018.

Exports from Hong Kong (Flag) to Ukraine (Flag) (2023)

Exports from Ukraine (Flag) to Hong Kong (Flag) (2023)

Latest Data

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

Hong Kong Exports

Ukraine Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$25.3B
Ukraine
Top DestinationPoland$4.83B

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 2023, countries that imported more from Hong Kong than Ukraine included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Ukraine than Hong Kong included Poland ($4.83B), Romania ($3.56B), and Spain ($2.46B).

Difference in imports from Ukraine (Flag) and Hong Kong (Flag) (2023)

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 2023, Hong Kong had a large net trade with Ukraine in the exports of Instruments ($36.8M), Machines ($14.3M), and Textiles ($784k).

During 2018, Ukraine had a large net trade with Hong Kong in the exports of Animal and Vegetable Bi-Products ($10.6M), Animal Products ($6.37M), and Mineral Products ($2.85M).

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) (2023)

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