2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 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

China-Hong Kong Trade: In 2022, China exported $276B to Hong Kong. The main products that China exported to Hong Kong were Integrated Circuits ($59.5B), Broadcasting Equipment ($46.7B), and Office Machine Parts ($17.2B). Over the past 5 years the exports of China to Hong Kong have increased at an annualized rate of 0.75%, from $266B in 2017 to $276B in 2022.

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

Hong Kong-China Trade: In 2022, Hong Kong exported $23.4B to China. The main products that Hong Kong exported to China were Gas Turbines ($4.6B), Gold ($3.11B), and Pitted Fruits ($1.44B). Over the past 5 years the exports of Hong Kong to China have increased at an annualized rate of 0.85%,  from $22.4B in 2017 to $23.4B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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, China exported $276B to Hong Kong. The main products exported from China to Hong Kong were Integrated Circuits ($59.5B), Broadcasting Equipment ($46.7B), and Office Machine Parts ($17.2B). During the last 5 years the exports of China to Hong Kong have increased at an annualized rate of 0.75%, from $266B in 2017 to $276B in 2022.

In 2017, Hong Kong exported $23.4B to China. The main products exported from Hong Kong to China were Gas Turbines ($4.6B), Gold ($3.11B), and Pitted Fruits ($1.44B). During the last 5 years the exports of Hong Kong to China have increased at an annualized rate of 0.85%, from $22.4B in 2022 to $23.4B in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Hong Kong
Top Destination
China$23.4B

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 2022, countries that imported more from China than Hong Kong included United States ($551B), Japan ($178B), and Germany ($152B).

In 2022, countries that imported more from Hong Kong than China included Guam ($32.5M), Northern Mariana Islands ($11.4M), and American Samoa ($85.6k).

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

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 2022, China had a large net trade with Hong Kong in the exports of Machines ($200B), Precious Metals ($18.7B), and Mineral Products ($11.1B).

During 2017, Hong Kong had a large net trade with China in the exports of Machines ($8.68B), Precious Metals ($4.3B), and Vegetable Products ($2.62B).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with