2022
Exports
$973MWorld Rnk 40 / 223
Flag Rnk 10 / 96
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$3.28BWorld Rnk 36 / 226
Flag Rnk 10 / 96
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $973M in Pharmaceutical products, making it the 40th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 10th most exported product in Hong Kong. The main destination of Pharmaceutical products exports from Hong Kong are: China ($573M), Macau ($147M), Angola ($59.4M), Chinese Taipei ($37.5M), and Zimbabwe ($21.3M).

The fastest growing export markets for Pharmaceutical products of Hong Kong between 2021 and 2022 were China ($103M), Angola ($59.4M), and Netherlands ($10.1M).

Imports In 2022, Hong Kong imported $3.28B in Pharmaceutical products, becoming the 36th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 10th most imported product in Hong Kong. Hong Kong imports Pharmaceutical products primarily from: China ($528M), United States ($400M), Germany ($293M), Ireland ($254M), and Switzerland ($251M).

The fastest growing import markets in Pharmaceutical products for Hong Kong between 2021 and 2022 were United States ($159M), Ireland ($143M), and South Korea ($23.7M).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pharmaceutical products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$973M
IMPORTS (2022)$3.28B
NET TRADE (2022)-$2.31B

In 2022, Hong Kong exported $973M in Pharmaceutical products. The main destinations of Hong Kong exports on Pharmaceutical products were China ($573M), Macau ($147M), Angola ($59.4M), Chinese Taipei ($37.5M), and Zimbabwe ($21.3M).

In 2022, Hong Kong imported $3.28B in Pharmaceutical products, mainly from China ($528M), United States ($400M), Germany ($293M), Ireland ($254M), and Switzerland ($251M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$103M (22%)
Angola$59.4M (2.14M%)
Netherlands$10.1M (179%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Hong Kong WERE (2021 - 2022):
Hungary-$147M (-99.8%)
Zimbabwe-$115M (-84.3%)
Iran-$23.3M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Pharmaceutical products were:
In 2022, Hong Kong's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $185M
TOP IMPORT POTENTIALChina+ $217M

Pharmaceutical products’s highest export potential is China. With an export gap of $185M.   Pharmaceutical products’s highest import potential is China with an import gap of $217M.

See methodology.

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