2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 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

Germany-Hong Kong Trade: In 2022, Germany exported $6.28B to Hong Kong. The main products that Germany exported to Hong Kong were Integrated Circuits ($644M), Cars ($454M), and Semiconductor Devices ($327M). Over the past 5 years the exports of Germany to Hong Kong have decreased at an annualized rate of 3.91%, from $7.67B in 2017 to $6.28B in 2022.

In 2020, Germany exported services to Hong Kong worth $2.05B, with Transportation ($884M), Other business services ($848M), and Computer and information services ($122M) being the largest in terms of value.

Hong Kong-Germany Trade: In 2022, Hong Kong exported $1.61B to Germany. The main products that Hong Kong exported to Germany were Integrated Circuits ($178M), Printed Circuit Boards ($91.6M), and Electric Batteries ($56.9M). Over the past 5 years the exports of Hong Kong to Germany have decreased at an annualized rate of 0.42%,  from $1.64B in 2017 to $1.61B in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). 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, Germany exported $6.28B to Hong Kong. The main products exported from Germany to Hong Kong were Integrated Circuits ($644M), Cars ($454M), and Semiconductor Devices ($327M). During the last 5 years the exports of Germany to Hong Kong have decreased at an annualized rate of 3.91%, from $7.67B in 2017 to $6.28B in 2022.

In 2017, Hong Kong exported $1.61B to Germany. The main products exported from Hong Kong to Germany were Integrated Circuits ($178M), Printed Circuit Boards ($91.6M), and Electric Batteries ($56.9M). During the last 5 years the exports of Hong Kong to Germany have decreased at an annualized rate of 0.42%, from $1.64B in 2022 to $1.61B in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Germany than Hong Kong included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Hong Kong than Germany included Macau ($2.73B), Philippines ($3.28B), and Cambodia ($877M).

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

Comparative Advantage Germany - Hong Kong

Flow
Scale

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

During 2022, Germany had a large net trade with Hong Kong in the exports of Machines ($2.84B), Transportation ($878M), and Chemical Products ($689M).

During 2017, Hong Kong had a large net trade with Germany in the exports of Machines ($840M), Instruments ($172M), and Precious Metals ($145M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Hong Kong+$312MIntegrated Circuits
Top Product Potential Hong Kong Germany+$140MIntegrated Circuits

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

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

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