2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

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.

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.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $23.4B in 2022.

In 2017, 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 2022 to $276B in 2017.

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

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

Latest Data

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

Hong Kong Exports

China Exports

Market Competitiveness

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

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

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).

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

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

Comparative Advantage Hong Kong - China

Flow
Scale

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

During 2022, 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).

During 2017, China had a large net trade with Hong Kong in the exports of Machines ($200B), Precious Metals ($18.7B), and Mineral Products ($11.1B).

Potential Exports

Potential Exports

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

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 Hong Kong and China. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Hong Kong.

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

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