2021
Flag  
GDP
$1.81TCURRENT US$
Rnk 11 / 204
2011-2021
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GDP GROWTH
44.5%CURRENT US$
Rnk 72 / 204
2021
Flag
 GDP
$369BCURRENT US$
Rnk 39 / 204
2011-2021
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 55 / 204
2021
Flag
GDP PC 
$34,998CURRENT US$
Rnk 38 / 204
2011-2021
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 51 / 204
2021
Flag
GDP PC
$49,765CURRENT US$
Rnk 28 / 204
2011-2021
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 45 / 204

About

South Korea-Hong Kong In 2021, South Korea exported $38.2B to Hong Kong. The main products that South Korea exported to Hong Kong are Integrated Circuits ($24.1B), Office Machine Parts ($2.22B), and Blank Audio Media ($1.67B). During the last 26 years the exports of South Korea to Hong Kong have increased at an annualized rate of 5.27%, from $10.1B in 1995 to $38.2B in 2021.

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 2021, Hong Kong exported $2.58B to South Korea. The main products that Hong Kong exported to South Korea were Integrated Circuits ($835M), Gold ($428M), and Platinum ($136M). During the last 26 years the exports of Hong Kong to South Korea have increased at an annualized rate of 3.68%, from $1.01B in 1995 to $2.58B in 2021.

In 2021, Hong Kong did not export any services to South Korea.

Comparison In 2021,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.82), and 5 in total exports ($653B). That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.16), and 36 in total exports ($124B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, South Korea exported $38.2B to Hong Kong. The main products exported from South Korea to Hong Kong were Integrated Circuits ($24.1B), Office Machine Parts ($2.22B), and Blank Audio Media ($1.67B). During the last 26 years the exports of South Korea to Hong Kong have increased at an annualized rate of 5.27%, from $10.1B in 1995 to $38.2B in 2021.

In 2021, Hong Kong exported $2.58B to South Korea. The main products exported from Hong Kong to South Korea were Integrated Circuits ($835M), Gold ($428M), and Platinum ($136M). During the last 26 years the exports of Hong Kong to South Korea have increased at an annualized rate of 3.68%, from $1.01B in 1995 to $2.58B in 2021.

Exports from South Korea (Flag) to Hong Kong (Flag) (2021)

Exports from Hong Kong (Flag) to South Korea (Flag) (2021)

Market Competitiveness

Color
South Korea
Top Destination
China$158B
Hong Kong
Top Destination
China$30.3B

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 2021, countries that imported more from South Korea than Hong Kong were China ($158B), United States ($95.9B), and Vietnam ($56.5B).

In 2021, countries that imported more from Hong Kong than South Korea were Switzerland ($4.66B), Macau ($2.4B), and United Kingdom ($7.18B).

Difference in imports from Hong Kong (Flag) and South Korea (Flag) (2021)

Comparative Advantage South Korea - Hong Kong

Flow
Scale

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

During 2021, South Korea had a large net trade with Hong Kong in the exports of Machines ($30.7B), Chemical Products ($1.54B), and Transportation ($1.34B).

During 2021, Hong Kong had a large net trade with South Korea in the exports of Machines ($1.36B), Precious Metals ($592M), and Animal Products ($149M).

Service Trade

Bilateral Service Trade

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.

Services Exports from South Korea (Flag) to Hong Kong (Flag) (2005)

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 South Korea has comparative advantage over Hong Kong. Similarly, the more yellow a dot/product is, the more Hong Kong has comparative advantage over South Korea.

Product Space of South Korea (Flag) and Hong Kong (Flag) (2021)

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