Hong Kong

Compare Hong Kong →

China, Hong Kong SAR · HK · HKG · BACI 344 · latest data 2024

Exports

$144.0B USD, nominal · 2024

= $144,026 M29.6% over 5 yrs (up)

Imports

$682.1B USD, nominal · 2024

= $682,076 M16.8% over 5 yrs (up)

Trade balancedeficit

−$538.0B USD, nominal · 2024

= −$538,050 M

Total trade

$826.1B USD, nominal · 2024

= $826,102 M18.8% over 5 yrs (up)

World position: #35 of 225 exporters · top 25% · #8 of 225 importers · top 5% · 2024
World export share since 1995: −0.8 pp

Trade timeline

Hong Kong's exports grew from $73.3B in 1995 to $144.0B in 2024; the 2024 balance was −$538.0B.

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Exports, imports, trade balance and total trade of Hong Kong per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$73,333 M	$197,397 M	−$124,064 M	$270,730 M
1996	$68,437 M	$197,594 M	−$129,157 M	$266,031 M
1997	$67,746 M	$217,733 M	−$149,987 M	$285,479 M
1998	$64,882 M	$186,434 M	−$121,553 M	$251,316 M
1999	$67,041 M	$180,529 M	−$113,487 M	$247,570 M
2000	$68,285 M	$218,591 M	−$150,307 M	$286,876 M
2001	$64,799 M	$206,471 M	−$141,672 M	$271,270 M
2002	$67,696 M	$217,273 M	−$149,577 M	$284,969 M
2003	$69,792 M	$245,709 M	−$175,917 M	$315,501 M
2004	$77,848 M	$283,101 M	−$205,253 M	$360,949 M
2005	$81,132 M	$311,169 M	−$230,037 M	$392,302 M
2006	$87,741 M	$344,834 M	−$257,093 M	$432,575 M
2007	$112,592 M	$396,341 M	−$283,749 M	$508,933 M
2008	$119,831 M	$418,199 M	−$298,368 M	$538,030 M
2009	$78,832 M	$370,943 M	−$292,110 M	$449,775 M
2010	$91,714 M	$463,390 M	−$371,676 M	$555,105 M
2011	$124,032 M	$538,556 M	−$414,524 M	$662,588 M
2012	$136,071 M	$594,603 M	−$458,532 M	$730,674 M
2013	$153,643 M	$639,177 M	−$485,534 M	$792,820 M
2014	$141,022 M	$609,940 M	−$468,919 M	$750,962 M
2015	$106,721 M	$583,769 M	−$477,049 M	$690,490 M
2016	$118,804 M	$560,481 M	−$441,677 M	$679,284 M
2017	$110,989 M	$635,196 M	−$524,207 M	$746,186 M
2018	$108,538 M	$643,349 M	−$534,811 M	$751,887 M
2019	$111,126 M	$583,993 M	−$472,867 M	$695,119 M
2020	$119,664 M	$576,414 M	−$456,750 M	$696,079 M
2021	$118,392 M	$706,440 M	−$588,048 M	$824,832 M
2022	$107,976 M	$652,588 M	−$544,612 M	$760,564 M
2023	$117,292 M	$648,234 M	−$530,942 M	$765,527 M
2024	$144,026 M	$682,076 M	−$538,050 M	$826,102 M

30 rows

World share & rank

World export share moved from 1.4% in 1995 to 0.6% in 2024; export rank #18 → #35.

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World export and import share in percent, and world ranks, of Hong Kong per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	1.45%	3.90%	#18	#7
1996	1.28%	3.68%	#19	#7
1997	1.21%	3.89%	#19	#6
1998	1.17%	3.36%	#19	#8
1999	1.17%	3.14%	#21	#9
2000	1.05%	3.36%	#24	#8
2001	1.03%	3.27%	#24	#9
2002	1.02%	3.28%	#25	#9
2003	0.91%	3.21%	#28	#8
2004	0.84%	3.06%	#28	#10
2005	0.77%	2.97%	#30	#10
2006	0.73%	2.85%	#32	#10
2007	0.80%	2.83%	#32	#10
2008	0.74%	2.59%	#32	#11
2009	0.63%	2.98%	#34	#9
2010	0.61%	3.08%	#35	#8
2011	0.69%	3.00%	#35	#9
2012	0.75%	3.29%	#32	#7
2013	0.84%	3.51%	#29	#7
2014	0.77%	3.32%	#32	#7
2015	0.67%	3.64%	#34	#6
2016	0.76%	3.58%	#32	#6
2017	0.63%	3.62%	#34	#5
2018	0.57%	3.37%	#36	#7
2019	0.60%	3.15%	#34	#7
2020	0.70%	3.36%	#32	#6
2021	0.55%	3.30%	#35	#5
2022	0.45%	2.71%	#39	#11
2023	0.52%	2.87%	#37	#9
2024	0.63%	2.99%	#35	#8

30 rows

Trading partners

China was Hong Kong's top trading partner in 2024, at 37.4% of total trade; the top five partners covered 62.5%.

Year

Top partner share: 37.4%
Top-5 share: 62.5%
Partners: 198
Partner HHI (0–1): 0.165

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China $31.8B

Vietnam $19.7B

United Arab Emirates $14.5B

Thailand $6.7B

Switzerland $6.1B

United Kingdom $6.0B

Singapore $4.2B

United States $4.1B

Malaysia $3.6B

India $3.4B

South Korea $2.6B

Philippines $2.3B

Other Asia, nes $2.2B

Japan $1.8B

Australia $617M

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Top partners of Hong Kong in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	China	$31,816 M	$276,993 M	$308,809 M	−$245,176 M
#2	Other Asia, nes	$2,243 M	$69,564 M	$71,808 M	−$67,321 M
#3	Singapore	$4,245 M	$51,571 M	$55,815 M	−$47,326 M
#4	Vietnam	$19,702 M	$21,034 M	$40,736 M	−$1,332 M
#5	South Korea	$2,623 M	$36,632 M	$39,255 M	−$34,008 M
#6	Japan	$1,778 M	$34,927 M	$36,705 M	−$33,148 M
#7	United Arab Emirates	$14,517 M	$19,745 M	$34,262 M	−$5,228 M
#8	United States	$4,063 M	$26,854 M	$30,917 M	−$22,791 M
#9	Malaysia	$3,550 M	$21,131 M	$24,681 M	−$17,581 M
#10	Switzerland	$6,081 M	$13,083 M	$19,164 M	−$7,002 M
#11	Thailand	$6,692 M	$11,207 M	$17,898 M	−$4,515 M
#12	United Kingdom	$5,979 M	$11,357 M	$17,336 M	−$5,378 M
#13	Philippines	$2,288 M	$11,430 M	$13,718 M	−$9,142 M
#14	India	$3,409 M	$8,176 M	$11,585 M	−$4,767 M
#15	Australia	$617 M	$7,598 M	$8,215 M	−$6,981 M

15 rows

Products & sectors

Product composition of Hong Kong's trade in 2024.

Year

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Concentration & risk

Hong Kong's export partners held steady over 1995–2024 — HHI 0.089 → 0.091, a diversified export base across 197 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Hong Kong per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.089	0.152	181	161
1996	0.081	0.148	183	156
1997	0.084	0.152	187	166
1998	0.087	0.166	186	170
1999	0.088	0.183	190	169
2000	0.083	0.182	196	174
2001	0.101	0.183	191	172
2002	0.101	0.199	198	178
2003	0.085	0.194	201	181
2004	0.079	0.196	200	182
2005	0.079	0.213	202	187
2006	0.067	0.221	203	189
2007	0.131	0.220	205	188
2008	0.142	0.226	202	187
2009	0.066	0.224	204	190
2010	0.077	0.224	203	191
2011	0.129	0.206	201	189
2012	0.227	0.246	204	196
2013	0.311	0.210	205	191
2014	0.216	0.223	202	195
2015	0.080	0.246	202	197
2016	0.087	0.231	202	192
2017	0.061	0.202	203	195
2018	0.066	0.213	203	196
2019	0.074	0.231	201	192
2020	0.077	0.217	203	185
2021	0.080	0.223	200	185
2022	0.068	0.195	200	184
2023	0.082	0.186	198	182
2024	0.091	0.193	197	184

30 rows

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