Flag South Korea / Hong Kong Flag

2019
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Exports
: $31.6B, Rnk 4 / 215

2019
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Top Product
: $20.1B, Integrated Circuits

2019
Flag β†’ Flag
Exports
: $2.18B, Rnk 15 / 196

2019
Flag β†’ Flag
Top Product
: $819M, Integrated Circuits

2019
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Economic Complexity (ECI)
: ECI 1.95, Rnk 5 / 157

2019
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Economic Complexity (ECI)
: ECI 1.06, Rnk 28 / 157

2019
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GDP
: $1.65T, CURRENT US$
Rnk 12 / 187

2009-2019
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GDP GROWTH
: 74.5%, CURRENT US$
Rnk 52 / 187

2019
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 GDP
: $366B, CURRENT US$
Rnk 34 / 187

2009-2019
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GDP GROWTH
: 70.9%, CURRENT US$
Rnk 59 / 187

2019
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GDP PC 
: $31,846, CURRENT US$
Rnk 32 / 187

2009-2019
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GDP PC GROWTH
: 66.4%, CURRENT US$
Rnk 36 / 187

2019
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GDP PC 
: $48,713, CURRENT US$
Rnk 17 / 187

2009-2019
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GDP PC GROWTH
: 58.7%, CURRENT US$
Rnk 46 / 187

South Korea-Hong Kong: In 2019, South Korea exported $31.6B to Hong Kong. The main products that South Korea exported to Hong Kong are Integrated Circuits ($20.1B), Office Machine Parts ($1.5B), and Refined Petroleum ($1.09B). During the last 24 years the exports of South Korea to Hong Kong have increased at an annualized rate of 4.88%, from $10.1B in 1995 to $31.6B in 2019.

In 2005, South Korea exported services to Hong Kong worth $2.8B, with Transportation ($1.85B), Other business services ($547M), and Travel ($333M) being the largest in terms of value.

Hong Kong-South Korea: In 2019, Hong Kong exported $2.18B to South Korea . The main products that Hong Kong exported to South Korea were Integrated Circuits ($819M), Office Machine Parts ($178M), and Gold ($128M). During the last 24 years the exports of Hong Kong to South Korea have increased at an annualized rate of 3.28%, from $1.01B in 1995 to $2.18B in 2019.

In 2019, Hong Kong did not exported services to South Korea.

Comparison: In 2019,  South Korea ranked 5 in the Economic Complexity Index (ECI 1.95), and 6 in total exports ($555B). That same year, Hong Kong ranked 28 in the Economic Complexity Index (ECI 1.06), and 34 in total exports ($118B).

Bilateral Trade by Products

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Depth
Value

In 2019, South Korea exported $31.6B to Hong Kong. The main products exported from South Korea to Hong Kong were Integrated Circuits ($20.1B), Office Machine Parts ($1.5B), and Refined Petroleum ($1.09B). During the last 24 years the exports of South Korea to Hong Kong have increased at an annualized rate of 4.88%, from $10.1B in 1995 to $31.6B in 2019.

In 2019, Hong Kong exported $2.18B to South Korea. The main products exported from Hong Kong to South Korea were Integrated Circuits ($819M), Office Machine Parts ($178M), and Gold ($128M). During the last 24 years the exports of Hong Kong to South Korea have increased at an annualized rate of 3.28%, from $1.01B in 1995 to $2.18B in 2019.

Market Competitiveness

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Measure

South Korea
Top Destination
: China, $136B

Hong Kong
Top Destination
: China, $26.8B

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

In 2019, countries that imported more from South Korea than Hong Kong were China ($136B), United States ($74.8B), and Vietnam ($47.8B).

In 2019, countries that imported more from Hong Kong than South Korea were Switzerland ($3.85B), Macau ($2.92B), and Netherlands ($6.93B).

Comparative Advantage South Korea - Hong Kong

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Depth

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

During 2019, South Korea had a large net trade with Hong Kong in the exports of Machines ($24.9B), Chemical Products ($1.39B), and Mineral Products ($1.09B).

During 2019, Hong Kong had a large net trade with South Korea in the exports of Machines ($1.37B), Animal Products ($302M), and Precious Metals ($145M).

Bilateral Service Trade

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In 2005, South Korea exported services to Hong Kong worth $2.8B, with Transportation ($1.85B), Other business services ($547M), and Travel ($333M) being the largest in terms of value.

Service trade data is presented based on availability.

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