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2023
Flag → Flag
Exports $259BRnk 2 / 208
2023
Flag → Flag
Top Product $63.1BIntegrated Circuits
2023
Flag → Flag
Exports $25.3BRnk 1 / 198
2023
Flag → Flag
Top Product $9.2BGold
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
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Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
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GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
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GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC$50,532CURRENT US$
Rnk 25 / 196
2013-2023
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GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

China-Hong Kong Trade: In 2023, China exported $259B to Hong Kong. The main products that China exported to Hong Kong were Integrated Circuits ($63.1B), Broadcasting Equipment ($44.9B), and Office Machine Parts ($13.5B). Over the past 5 years the exports of China to Hong Kong have decreased at an annualized rate of 1.64%, from $282B in 2018 to $259B in 2023.

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

Hong Kong-China Trade: In 2023, Hong Kong exported $25.3B to China. The main products that Hong Kong exported to China were Gold ($9.2B), Gas Turbines ($4.96B), and Cast or Rolled Glass ($1.15B). Over the past 5 years the exports of Hong Kong to China have increased at an annualized rate of 8.23%,  from $17.1B in 2018 to $25.3B in 2023.

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

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $27B and imported $1.62B from Hong Kong, resulting in a positive trade balance of $25.4B. Between December 2023 and December 2024 the exports of China have decreased by $-2.22B (-7.59%) from $29.2B to $27B, while imports increased by $684M (73.4%) from $931M to $1.62B.

Trade In December 2024, the top exports of China to Hong Kong were Integrated Circuits ($5.02B), Telephones ($4.27B), Computers ($2.3B), Sound Recordings ($1.2B), and Jewellery ($969M). In December 2024 the top imports of China from Hong Kong were Gold ($882M), Packaged Medicaments ($46.5M), Platinum ($45.2M), Jewellery ($37.3M), and Other Edible Preparations ($31.9M).

Origins In December 2024 the exports of China were mainly from Guangdong Province ($13.6B), Shanghai Province ($2.58B), Jiangsu Province ($2.36B), Shandong Province ($1.06B), and Beijing ($975M), while imports destinations were mainly Beijing ($507M), Guangdong Province ($376M), Shanghai Province ($375M), Hunan Province ($118M), and Shandong Province ($76.8M).

Growth In December 2024, the decrease in China's year-by-year exports to Hong Kong was explained primarily by an decrease in product exports in Processed Mushrooms ($-108M or -97.9%), Microphones and Headphones ($-76.3M or -41%), and Sauces and Seasonings ($-59.2M or -76.6%). In December 2024, the increase in China's year-by-year imports  from Hong Kong was explained primarily by an increase in product imports  in Gold ($539M or 157%), Platinum ($42.8M or 1.76k%), and Other Edible Preparations ($26.5M or 493%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-2.22B(-7.59%)
IMPORT GROWTH (December 2023 - December 2024)$684M(73.4%)
MAIN EXPORTER (December 2024)Guangdong Province$13.6B

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Hong Kong and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Hong Kong and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $259B to Hong Kong. The main products exported from China to Hong Kong were Integrated Circuits ($63.1B), Broadcasting Equipment ($44.9B), and Office Machine Parts ($13.5B). During the last 5 years the exports of China to Hong Kong have decreased at an annualized rate of 1.64%, from $282B in 2018 to $259B in 2023.

In 2018, Hong Kong exported $25.3B to China. The main products exported from Hong Kong to China were Gold ($9.2B), Gas Turbines ($4.96B), and Cast or Rolled Glass ($1.15B). During the last 5 years the exports of Hong Kong to China have increased at an annualized rate of 8.23%, from $17.1B in 2023 to $25.3B in 2018.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Hong Kong
Top DestinationChina$25.3B

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

In 2023, countries that imported more from China than Hong Kong included United States ($436B), Japan ($169B), and Germany ($164B).

In 2023, countries that imported more from Hong Kong than China included Guam ($28.9M), Northern Mariana Islands ($11.6M), and American Samoa ($115k).

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

Comparative Advantage China - Hong Kong

Flow
Scale

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

During 2023, China had a large net trade with Hong Kong in the exports of Machines ($190B), Precious Metals ($16.6B), and Mineral Products ($8.38B).

During 2018, Hong Kong had a large net trade with China in the exports of Precious Metals ($10.2B), Machines ($6.23B), and Vegetable Products ($1.61B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Hong Kong+$3.35BComputers
Top Product Potential Hong Kong China+$1.66BGold

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

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

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