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2022
Flag → Flag
Exports $485MRnk 30 / 198
2022
Flag → Flag
Top Product $255MGas Turbines
2022
Flag → Flag
Exports $614MRnk 23 / 139
2022
Flag → Flag
Top Product $427MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
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Economic Complexity (ECI) ECI -0.15Rnk 71 / 133
2022
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GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
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 GDP$237BCURRENT US$
Rnk 52 / 186
2012-2022
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GDP GROWTH27%CURRENT US$
Rnk 105 / 186
2022
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GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
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GDP PC$88,046CURRENT US$
Rnk 6 / 186
2012-2022
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GDP PC GROWTH-10.2%CURRENT US$
Rnk 163 / 186

About

Hong Kong-Qatar Trade: In 2022, Hong Kong exported $485M to Qatar. The main products that Hong Kong exported to Qatar were Gas Turbines ($255M), Broadcasting Equipment ($134M), and Non-Knit Men's Coats ($28.4M). Over the past 5 years the exports of Hong Kong to Qatar have increased at an annualized rate of 49.1%, from $65.8M in 2017 to $485M in 2022.

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

Qatar-Hong Kong Trade: In 2022, Qatar exported $614M to Hong Kong. The main products that Qatar exported to Hong Kong were Refined Petroleum ($427M), Raw Iron Bars ($62.5M), and Gas Turbines ($61.8M). Over the past 5 years the exports of Qatar to Hong Kong have increased at an annualized rate of 23.8%,  from $111M in 2017 to $614M in 2022.

In 2022, Qatar 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, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $485M to Qatar. The main products exported from Hong Kong to Qatar were Gas Turbines ($255M), Broadcasting Equipment ($134M), and Non-Knit Men's Coats ($28.4M). During the last 5 years the exports of Hong Kong to Qatar have increased at an annualized rate of 49.1%, from $65.8M in 2017 to $485M in 2022.

In 2017, Qatar exported $614M to Hong Kong. The main products exported from Qatar to Hong Kong were Refined Petroleum ($427M), Raw Iron Bars ($62.5M), and Gas Turbines ($61.8M). During the last 5 years the exports of Qatar to Hong Kong have increased at an annualized rate of 23.8%, from $111M in 2022 to $614M in 2017.

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

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

Latest Data

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

Hong Kong Exports

Qatar Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Qatar
Top DestinationChina$21.1B

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

In 2022, countries that imported more from Hong Kong than Qatar included Netherlands ($6.56B), Switzerland ($4.11B), and Malaysia ($3.84B).

In 2022, countries that imported more from Qatar than Hong Kong included Japan ($12B), South Korea ($10.6B), and Belgium ($5.51B).

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

Comparative Advantage Hong Kong - Qatar

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Qatar in the exports of Machines ($409M), Textiles ($37.9M), and Precious Metals ($17.7M).

During 2017, Qatar had a large net trade with Hong Kong in the exports of Mineral Products ($428M), Machines ($65M), and Metals ($62.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Qatar+$8.65MJewellery
Top Product Potential Qatar Hong Kong+$38.9MRefined Petroleum

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

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

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