2023
Exports
$19.1BWorld Rnk 8 / 167
Flag Rnk 1 / 1181
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$58.7BWorld Rnk 4 / 174
Flag Rnk 3 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $19.1B in Gold, making it the 8th largest exporter of Gold in the world. At the same year, Gold was the 1st most exported product in Hong Kong. The main destination of Gold exports from Hong Kong are: China ($9.2B), United Arab Emirates ($2.41B), Switzerland ($2.06B), Thailand ($1.71B), and Indonesia ($873M).

The fastest growing export markets for Gold of Hong Kong between 2022 and 2023 were China ($6.07B), United Arab Emirates ($1.5B), and United Kingdom ($717M).

Imports In 2023, Hong Kong imported $58.7B in Gold, becoming the 4th largest importer of Gold in the world. At the same year, Gold was the 3rd most imported product in Hong Kong. Hong Kong imports Gold primarily from: United Arab Emirates ($9.75B), Switzerland ($9.28B), United Kingdom ($8.24B), Australia ($5.85B), and Japan ($5.68B).

The fastest growing import markets in Gold for Hong Kong between 2022 and 2023 were Switzerland ($6.35B), Russia ($4.63B), and United Arab Emirates ($3.8B).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$19.1B
IMPORTS (2023)$58.7B
NET TRADE (2023)-$39.5B

In 2023, Hong Kong exported $19.1B in Gold. The main destinations of Hong Kong exports on Gold were China ($9.2B), United Arab Emirates ($2.41B), Switzerland ($2.06B), Thailand ($1.71B), and Indonesia ($873M).

In 2023, Hong Kong imported $58.7B in Gold, mainly from United Arab Emirates ($9.75B), Switzerland ($9.28B), United Kingdom ($8.24B), Australia ($5.85B), and Japan ($5.68B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
China$6.07B (194%)
United Kingdom$717M (1.94k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Hong Kong WERE (2022 - 2023):
Singapore-$778M (-58.2%)
Cambodia-$364M (-86%)
Switzerland-$343M (-14.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Gold were:
In 2023, Hong Kong's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.66B
TOP IMPORT POTENTIALPhilippines+ $209M

Gold’s highest export potential is China. With an export gap of $1.66B.   Gold’s highest import potential is Philippines with an import gap of $209M.

See methodology.

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