2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Hong Kong-United States In 2022, Hong Kong exported $3.87B to United States. The main products that Hong Kong exported to United States are Jewellery ($694M), Broadcasting Equipment ($248M), and Other Precious Metal Products ($238M). During the last 27 years the exports of Hong Kong to United States have decreased at an annualized rate of 4.07%, from $11.9B in 1995 to $3.87B in 2022.

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

United States-Hong Kong In 2022, United States exported $24.9B to Hong Kong. The main products that United States exported to Hong Kong were Broadcasting Equipment ($4.16B), Integrated Circuits ($3.35B), and Diamonds ($1.88B). During the last 27 years the exports of United States to Hong Kong have increased at an annualized rate of 2.12%, from $14.1B in 1995 to $24.9B in 2022.

In 2017, United States exported services to Hong Kong worth $13.1B, with Financial services ($3.6B), Royalties and license fees ($3.49B), and Transportation ($2.31B) being the largest in terms of value.

Comparison In 2022,  Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99), and 39 in total exports ($113B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $3.87B to United States. The main products exported from Hong Kong to United States were Jewellery ($694M), Broadcasting Equipment ($248M), and Other Precious Metal Products ($238M). During the last 27 years the exports of Hong Kong to United States have decreased at an annualized rate of 4.07%, from $11.9B in 1995 to $3.87B in 2022.

In 2022, United States exported $24.9B to Hong Kong. The main products exported from United States to Hong Kong were Broadcasting Equipment ($4.16B), Integrated Circuits ($3.35B), and Diamonds ($1.88B). During the last 27 years the exports of United States to Hong Kong have increased at an annualized rate of 2.12%, from $14.1B in 1995 to $24.9B in 2022.

Exports from Hong Kong (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and United States (Flag)

Hong Kong Exports

United States Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
United States
Top Destination
Canada$308B

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

In 2021, countries that imported more from Hong Kong than United States were Macau ($2.73B), Russia ($2.38B), and Cambodia ($877M).

In 2021, countries that imported more from United States than Hong Kong were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - United States

Flow
Scale

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

During 2022, Hong Kong had a large net trade with United States in the exports of Precious Metals ($1.36B), Machines ($1.14B), and Plastics and Rubbers ($283M).

During 2022, United States had a large net trade with Hong Kong in the exports of Machines ($12.4B), Precious Metals ($4.68B), and Arts and Antiques ($1.43B).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Hong Kong worth $13.1B, with Financial services ($3.6B), Royalties and license fees ($3.49B), and Transportation ($2.31B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Hong Kong (Flag) (2017)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Hong Kong has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and United States (Flag) (2022)

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