2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Brazil-Hong Kong Trade: In 2022, Brazil exported $1.39B to Hong Kong. The main products that Brazil exported to Hong Kong were Refined Petroleum ($229M), Pig Meat ($191M), and Frozen Bovine Meat ($191M). Over the past 5 years the exports of Brazil to Hong Kong have decreased at an annualized rate of 12.4%, from $2.69B in 2017 to $1.39B in 2022.

In 2022, Brazil did not export any services to Hong Kong.

Hong Kong-Brazil Trade: In 2022, Hong Kong exported $1.1B to Brazil. The main products that Hong Kong exported to Brazil were Office Machine Parts ($144M), Integrated Circuits ($70.6M), and Telephones ($36.4M). Over the past 5 years the exports of Hong Kong to Brazil have increased at an annualized rate of 9.43%,  from $700M in 2017 to $1.1B in 2022.

In 2022, Hong Kong did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $1.39B to Hong Kong. The main products exported from Brazil to Hong Kong were Refined Petroleum ($229M), Pig Meat ($191M), and Frozen Bovine Meat ($191M). During the last 5 years the exports of Brazil to Hong Kong have decreased at an annualized rate of 12.4%, from $2.69B in 2017 to $1.39B in 2022.

In 2017, Hong Kong exported $1.1B to Brazil. The main products exported from Hong Kong to Brazil were Office Machine Parts ($144M), Integrated Circuits ($70.6M), and Telephones ($36.4M). During the last 5 years the exports of Hong Kong to Brazil have increased at an annualized rate of 9.43%, from $700M in 2022 to $1.1B in 2017.

Exports from Brazil (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Brazil than Hong Kong included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Hong Kong than Brazil included India ($14.3B), Switzerland ($4.11B), and Macau ($2.73B).

Difference in imports from Hong Kong (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Hong Kong

Flow
Scale

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

During 2022, Brazil had a large net trade with Hong Kong in the exports of Animal Products ($902M), Mineral Products ($230M), and Machines ($75.5M).

During 2017, Hong Kong had a large net trade with Brazil in the exports of Machines ($606M), Metals ($89.2M), and Chemical Products ($89.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Hong Kong+$78.7MRefined Petroleum
Top Product Potential Hong Kong Brazil+$54.7MTelephones

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 Brazil and Hong Kong. This means that a dot/product with the flag of Brazil 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 Brazil.

Product Space of Brazil (Flag) and Hong Kong (Flag) (2022)

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