2023
Flag  
GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
 GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC 
$4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC
$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195

About

Indonesia-Hong Kong Trade: In 2023, Indonesia exported $2.98B to Hong Kong. The main products that Indonesia exported to Hong Kong were Coal Briquettes ($628M), Jewellery ($419M), and Rolled Tobacco ($282M). Over the past 5 years the exports of Indonesia to Hong Kong have decreased at an annualized rate of 2.9%, from $3.45B in 2018 to $2.98B in 2023.

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

Hong Kong-Indonesia Trade: In 2023, Hong Kong exported $2.57B to Indonesia. The main products that Hong Kong exported to Indonesia were Gold ($873M), Telephones ($222M), and Light Rubberized Knitted Fabric ($137M). Over the past 5 years the exports of Hong Kong to Indonesia have decreased at an annualized rate of 1.34%,  from $2.74B in 2018 to $2.57B in 2023.

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

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). That same year, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Indonesia exported $2.98B to Hong Kong. The main products exported from Indonesia to Hong Kong were Coal Briquettes ($628M), Jewellery ($419M), and Rolled Tobacco ($282M). During the last 5 years the exports of Indonesia to Hong Kong have decreased at an annualized rate of 2.9%, from $3.45B in 2018 to $2.98B in 2023.

In 2018, Hong Kong exported $2.57B to Indonesia. The main products exported from Hong Kong to Indonesia were Gold ($873M), Telephones ($222M), and Light Rubberized Knitted Fabric ($137M). During the last 5 years the exports of Hong Kong to Indonesia have decreased at an annualized rate of 1.34%, from $2.74B in 2023 to $2.57B in 2018.

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

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

Latest Data

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

Indonesia Exports

Hong Kong Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$70.7B
Hong Kong
Top Destination
China$25.3B

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

In 2023, countries that imported more from Indonesia than Hong Kong included China ($70.7B), United States ($27.9B), and Japan ($23.7B).

In 2023, countries that imported more from Hong Kong than Indonesia included Vietnam ($14.4B), Netherlands ($5.56B), and Switzerland ($4.86B).

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

Comparative Advantage Indonesia - Hong Kong

Flow
Scale

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

During 2023, Indonesia had a large net trade with Hong Kong in the exports of Precious Metals ($964M), Mineral Products ($643M), and Machines ($487M).

During 2018, Hong Kong had a large net trade with Indonesia in the exports of Precious Metals ($893M), Machines ($670M), and Textiles ($410M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Hong Kong+$75MTelephones
Top Product Potential Hong Kong Indonesia+$96.9MTelephones

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 Indonesia and Hong Kong. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Hong Kong. Similarly, a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Indonesia.

Product Space of Indonesia (Flag) and Hong Kong (Flag) (2023)

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