2023
Flag  
GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
 GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC 
$50,532CURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC
$5,364CURRENT US$
Rnk 121 / 196
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195

About

Hong Kong-Algeria Trade: In 2023, Hong Kong exported $34.6M to Algeria. The main products that Hong Kong exported to Algeria were Telephones ($16.5M), Medical Instruments ($4.07M), and Other Plastic Products ($3.4M). Over the past 5 years the exports of Hong Kong to Algeria have decreased at an annualized rate of 29%, from $193M in 2018 to $34.6M in 2023.

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

Algeria-Hong Kong Trade: In 2023, Algeria exported $3M to Hong Kong. The main products that Algeria exported to Hong Kong were Processed Crustaceans ($2.02M), Household Washing Machines ($731k), and Poultry Meat ($180k). Over the past 5 years the exports of Algeria to Hong Kong have increased at an annualized rate of 2.5%,  from $2.65M in 2018 to $3M in 2023.

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

Comparison: In 2023,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). That same year, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hong Kong exported $34.6M to Algeria. The main products exported from Hong Kong to Algeria were Telephones ($16.5M), Medical Instruments ($4.07M), and Other Plastic Products ($3.4M). During the last 5 years the exports of Hong Kong to Algeria have decreased at an annualized rate of 29%, from $193M in 2018 to $34.6M in 2023.

In 2018, Algeria exported $3M to Hong Kong. The main products exported from Algeria to Hong Kong were Processed Crustaceans ($2.02M), Household Washing Machines ($731k), and Poultry Meat ($180k). During the last 5 years the exports of Algeria to Hong Kong have increased at an annualized rate of 2.5%, from $2.65M in 2023 to $3M in 2018.

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

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

Latest Data

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

Hong Kong Exports

Algeria Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$25.3B
Algeria
Top Destination
Italy$15.2B

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

In 2023, countries that imported more from Hong Kong than Algeria included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Algeria than Hong Kong included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

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

Comparative Advantage Hong Kong - Algeria

Flow
Scale

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

During 2023, Hong Kong had a large net trade with Algeria in the exports of Machines ($21.3M), Instruments ($8.01M), and Plastics and Rubbers ($3.42M).

During 2018, Algeria had a large net trade with Hong Kong in the exports of Foodstuffs ($2.02M), Machines ($731k), and Animal Products ($180k).

Potential Exports

Potential Exports

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

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

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

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