2022
Flag  
GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 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

Algeria-Hong Kong Trade: In 2022, Algeria exported $2.86M to Hong Kong. The main products that Algeria exported to Hong Kong were Processed Crustaceans ($2.08M), Household Washing Machines ($657k), and Tropical Fruits ($56.9k). Over the past 5 years the exports of Algeria to Hong Kong have increased at an annualized rate of 0.36%, from $2.81M in 2017 to $2.86M in 2022.

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

Hong Kong-Algeria Trade: In 2022, Hong Kong exported $21.4M to Algeria. The main products that Hong Kong exported to Algeria were Medical Instruments ($2.88M), Broadcasting Equipment ($2.83M), and Telephones ($2.09M). Over the past 5 years the exports of Hong Kong to Algeria have decreased at an annualized rate of 1.15%,  from $23M in 2017 to $21.4M in 2022.

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

Comparison: In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). 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, Algeria exported $2.86M to Hong Kong. The main products exported from Algeria to Hong Kong were Processed Crustaceans ($2.08M), Household Washing Machines ($657k), and Tropical Fruits ($56.9k). During the last 5 years the exports of Algeria to Hong Kong have increased at an annualized rate of 0.36%, from $2.81M in 2017 to $2.86M in 2022.

In 2017, Hong Kong exported $21.4M to Algeria. The main products exported from Hong Kong to Algeria were Medical Instruments ($2.88M), Broadcasting Equipment ($2.83M), and Telephones ($2.09M). During the last 5 years the exports of Hong Kong to Algeria have decreased at an annualized rate of 1.15%, from $23M in 2022 to $21.4M in 2017.

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

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

Latest Data

Trade between Algeria (Flag) and Hong Kong (Flag)

Algeria Exports

Hong Kong Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$16.9B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Algeria than Hong Kong included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

In 2022, countries that imported more from Hong Kong than Algeria included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

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

Comparative Advantage Algeria - Hong Kong

Flow
Scale

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

During 2022, Algeria had a large net trade with Hong Kong in the exports of Foodstuffs ($2.11M), Machines ($657k), and Vegetable Products ($56.9k).

During 2017, Hong Kong had a large net trade with Algeria in the exports of Machines ($11.1M), Instruments ($6.16M), and Plastics and Rubbers ($2.06M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Hong Kong+$173kHousehold Washing Machines
Top Product Potential Hong Kong Algeria+$7.08MTelephones

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

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

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