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Pricing

2022
Flag → Flag
Exports $3.43BRnk 7 / 198
2022
Flag → Flag
Top Product $1.9BGold
2022
Flag → Flag
Exports $10.9BRnk 8 / 218
2022
Flag → Flag
Top Product $2.4BIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Hong Kong-Thailand Trade: In 2022, Hong Kong exported $3.43B to Thailand. The main products that Hong Kong exported to Thailand were Gold ($1.9B), Diamonds ($502M), and Gas Turbines ($149M). Over the past 5 years the exports of Hong Kong to Thailand have increased at an annualized rate of 2.46%, from $3.04B in 2017 to $3.43B in 2022.

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

Thailand-Hong Kong Trade: In 2022, Thailand exported $10.9B to Hong Kong. The main products that Thailand exported to Hong Kong were Integrated Circuits ($2.4B), Office Machine Parts ($2.06B), and Gold ($646M). Over the past 5 years the exports of Thailand to Hong Kong have decreased at an annualized rate of 2.43%,  from $12.4B in 2017 to $10.9B in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $3.43B to Thailand. The main products exported from Hong Kong to Thailand were Gold ($1.9B), Diamonds ($502M), and Gas Turbines ($149M). During the last 5 years the exports of Hong Kong to Thailand have increased at an annualized rate of 2.46%, from $3.04B in 2017 to $3.43B in 2022.

In 2017, Thailand exported $10.9B to Hong Kong. The main products exported from Thailand to Hong Kong were Integrated Circuits ($2.4B), Office Machine Parts ($2.06B), and Gold ($646M). During the last 5 years the exports of Thailand to Hong Kong have decreased at an annualized rate of 2.43%, from $12.4B in 2022 to $10.9B in 2017.

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

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

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Hong Kong than Thailand included India ($14.3B), Macau ($2.73B), and Israel ($3.07B).

In 2022, countries that imported more from Thailand than Hong Kong included United States ($53.4B), Japan ($24.6B), and China ($35.3B).

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

Comparative Advantage Hong Kong - Thailand

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Thailand in the exports of Precious Metals ($2.69B), Machines ($377M), and Metals ($112M).

During 2017, Thailand had a large net trade with Hong Kong in the exports of Machines ($6.79B), Precious Metals ($1.56B), and Transportation ($519M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Thailand+$69.3MIntegrated Circuits
Top Product Potential Thailand Hong Kong+$583MIntegrated 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 Hong Kong and Thailand. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Thailand. Similarly, a dot/product with the flag of Thailand indicates it has a comparative advantage over Hong Kong.

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

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