2023
Flag  
GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC 
$50,532CURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195

About

Hong Kong-Chinese Taipei Trade: In 2023, Hong Kong exported $2.62B to Chinese Taipei. The main products that Hong Kong exported to Chinese Taipei were Gas Turbines ($610M), Jewellery ($455M), and Silver ($418M). Over the past 5 years the exports of Hong Kong to Chinese Taipei have decreased at an annualized rate of 5.11%, from $3.41B in 2018 to $2.62B in 2023.

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

Chinese Taipei-Hong Kong Trade: In 2023, Chinese Taipei exported $66.1B to Hong Kong. The main products that Chinese Taipei exported to Hong Kong were Integrated Circuits ($50.8B), Broadcasting Equipment ($2.8B), and Computers ($2.1B). Over the past 5 years the exports of Chinese Taipei to Hong Kong have increased at an annualized rate of 8.75%,  from $43.5B in 2018 to $66.1B in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hong Kong exported $2.62B to Chinese Taipei. The main products exported from Hong Kong to Chinese Taipei were Gas Turbines ($610M), Jewellery ($455M), and Silver ($418M). During the last 5 years the exports of Hong Kong to Chinese Taipei have decreased at an annualized rate of 5.11%, from $3.41B in 2018 to $2.62B in 2023.

In 2018, Chinese Taipei exported $66.1B to Hong Kong. The main products exported from Chinese Taipei to Hong Kong were Integrated Circuits ($50.8B), Broadcasting Equipment ($2.8B), and Computers ($2.1B). During the last 5 years the exports of Chinese Taipei to Hong Kong have increased at an annualized rate of 8.75%, from $43.5B in 2023 to $66.1B in 2018.

Exports from Hong Kong (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Hong Kong (Flag) (2023)

Market Competitiveness

Color
Hong Kong
Top Destination
China$25.3B
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Hong Kong than Chinese Taipei included Switzerland ($4.86B), United Arab Emirates ($4.86B), and Vietnam ($14.4B).

In 2023, countries that imported more from Chinese Taipei than Hong Kong included United States ($85.6B), China ($101B), and Singapore ($47B).

Difference in imports from Chinese Taipei (Flag) and Hong Kong (Flag) (2023)

Comparative Advantage Hong Kong - Chinese Taipei

Flow
Scale

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

During 2023, Hong Kong had a large net trade with Chinese Taipei in the exports of Precious Metals ($1.11B), Machines ($792M), and Animal Products ($155M).

During 2018, Chinese Taipei had a large net trade with Hong Kong in the exports of Machines ($61.2B), Precious Metals ($1.38B), and Instruments ($758M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Hong Kong and Chinese Taipei. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Chinese Taipei (Flag) (2023)

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