Flag Hong Kong / Vietnam Flag

2020
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Exports
: $2.07B, Rnk 14 / 196

2020
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Top Product
: $219M, Integrated Circuits

2020
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Exports
: $13.8B, Rnk 5 / 143

2020
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Top Product
: $3.67B, Integrated Circuits

2020
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Economic Complexity (ECI)
: ECI 1.11, Rnk 23 / 127

2020
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Economic Complexity (ECI)
: ECI -0.057, Rnk 61 / 127

2020
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GDP
: $347B, CURRENT US$
Rnk 35 / 195

2010-2020
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GDP GROWTH
: 51.6%, CURRENT US$
Rnk 54 / 195

2020
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 GDP
: $271B, CURRENT US$
Rnk 41 / 195

2010-2020
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GDP GROWTH
: 134%, CURRENT US$
Rnk 8 / 195

2020
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GDP PC 
: $46,324, CURRENT US$
Rnk 18 / 195

2010-2020
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GDP PC GROWTH
: 42.3%, CURRENT US$
Rnk 37 / 195

2020
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GDP PC
: $2,786, CURRENT US$
Rnk 139 / 195

2010-2020
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GDP PC GROWTH
: 111%, CURRENT US$
Rnk 7 / 195

Hong Kong-Vietnam In 2020, Hong Kong exported $2.07B to Vietnam. The main products that Hong Kong exported to Vietnam are Integrated Circuits ($219M), Scrap Iron ($128M), and Motor-working Tools ($125M). During the last 25 years the exports of Hong Kong to Vietnam have increased at an annualized rate of 4.86%, from $632M in 1995 to $2.07B in 2020.

In 2020, Hong Kong did not export any services to Vietnam.

Vietnam-Hong Kong In 2020, Vietnam exported $13.8B to Hong Kong. The main products that Vietnam exported to Hong Kong were Integrated Circuits ($3.67B), Precious Metal Scraps ($2.26B), and Metal-Clad Products ($2.04B). During the last 25 years the exports of Vietnam to Hong Kong have increased at an annualized rate of 19.3%, from $168M in 1995 to $13.8B in 2020.

In 2020, Vietnam did not export any services to Hong Kong.

Comparison In 2020,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.11), and 33 in total exports ($126B). That same year, Vietnam ranked 61 in the Economic Complexity Index (ECI -0.057), and 16 in total exports ($300B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Hong Kong exported $2.07B to Vietnam. The main products exported from Hong Kong to Vietnam were Integrated Circuits ($219M), Scrap Iron ($128M), and Motor-working Tools ($125M). During the last 25 years the exports of Hong Kong to Vietnam have increased at an annualized rate of 4.86%, from $632M in 1995 to $2.07B in 2020.

In 2020, Vietnam exported $13.8B to Hong Kong. The main products exported from Vietnam to Hong Kong were Integrated Circuits ($3.67B), Precious Metal Scraps ($2.26B), and Metal-Clad Products ($2.04B). During the last 25 years the exports of Vietnam to Hong Kong have increased at an annualized rate of 19.3%, from $168M in 1995 to $13.8B in 2020.

Hong Kong Exports

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Market Competitiveness

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Measure

Hong Kong
Top Destination
: China, $25.9B

Vietnam
Top Destination
: United States, $77B

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

In 2019, countries that imported more from Hong Kong than Vietnam were United Kingdom ($14.8B), Switzerland ($12.1B), and India ($14.2B).

In 2019, countries that imported more from Vietnam than Hong Kong were United States ($77B), China ($49.4B), and Japan ($20.4B).

Comparative Advantage Hong Kong - Vietnam

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Flow

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

During 2020, Hong Kong had a large net trade with Vietnam in the exports of Machines ($830M), Textiles ($203M), and Metals ($175M).

During 2020, Vietnam had a large net trade with Hong Kong in the exports of Machines ($7.96B), Precious Metals ($4.35B), and Textiles ($355M).

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 yellow.  This mean that the more blue a dot/product is, the more Hong Kong has comparative advantage over Vietnam. Similarly, the more yellow a dot/product is, the more Vietnam has comparative advantage over Hong Kong.