2022
Flag  
GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Indonesia-Hong Kong Trade: In 2022, Indonesia exported $3.28B to Hong Kong. The main products that Indonesia exported to Hong Kong were Coal Briquettes ($1.38B), Jewellery ($300M), and Gold ($249M). Over the past 5 years the exports of Indonesia to Hong Kong have increased at an annualized rate of 4.22%, from $2.67B in 2017 to $3.28B in 2022.

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

Hong Kong-Indonesia Trade: In 2022, Hong Kong exported $3.04B to Indonesia. The main products that Hong Kong exported to Indonesia were Gold ($1.08B), Telephones ($242M), and Light Rubberized Knitted Fabric ($185M). Over the past 5 years the exports of Hong Kong to Indonesia have increased at an annualized rate of 9.58%,  from $1.92B in 2017 to $3.04B in 2022.

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

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $3.28B to Hong Kong. The main products exported from Indonesia to Hong Kong were Coal Briquettes ($1.38B), Jewellery ($300M), and Gold ($249M). During the last 5 years the exports of Indonesia to Hong Kong have increased at an annualized rate of 4.22%, from $2.67B in 2017 to $3.28B in 2022.

In 2017, Hong Kong exported $3.04B to Indonesia. The main products exported from Hong Kong to Indonesia were Gold ($1.08B), Telephones ($242M), and Light Rubberized Knitted Fabric ($185M). During the last 5 years the exports of Hong Kong to Indonesia have increased at an annualized rate of 9.58%, from $1.92B in 2022 to $3.04B in 2017.

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

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

Latest Data

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

Indonesia Exports

Hong Kong Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$67.7B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Indonesia than Hong Kong included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2022, countries that imported more from Hong Kong than Indonesia included Israel ($3.07B), Macau ($2.73B), and Switzerland ($4.11B).

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

Comparative Advantage Indonesia - Hong Kong

Flow
Scale

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

During 2022, Indonesia had a large net trade with Hong Kong in the exports of Mineral Products ($1.58B), Precious Metals ($605M), and Machines ($458M).

During 2017, Hong Kong had a large net trade with Indonesia in the exports of Precious Metals ($1.09B), Machines ($784M), and Textiles ($491M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Hong Kong+$75MTelephones
Top Product Potential Hong Kong Indonesia+$96.9MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with