Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Hong Kong | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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2023
TOTAL. ALL COMMODITIESHong KongWorldExportsValue (US$)492,907,471,544.00535,186,742,965.00524,064,898,602.00510,552,778,635.19516,588,130,933.05549,861,455,213.31569,105,739,731.11535,711,018,905.07551,515,755,924.62670,926,079,457.05610,138,354,261.10575,044,377,645.82
Value Growth, YoY (%)8.198.57-2.07-2.571.186.443.49-5.862.9521.65-9.06-5.75
ImportsValue (US$)553,486,468,741.00621,416,867,628.00600,613,065,837.00559,305,500,094.06547,124,448,110.53589,317,440,320.89627,327,030,842.15578,590,151,014.66573,061,309,610.59713,173,047,238.35668,483,049,171.97654,823,993,479.31
Value Growth, YoY (%)8.3412.27-3.34-6.87-2.177.716.44-7.76-0.9524.44-6.26-2.04

The value of merchandise exports from Hong Kong totalled $ 575 billion in 2023. Overall commodity exports from Hong Kong decreased by 5.75% compared to 2022. Merchandise exports decreased by $ 35 billion (the value of merchandise exports from Hong Kong amounted to $610 billion in 2022)

Hong Kong's exports 2023 by country

Top export destinations of commodities from Hong Kong in 2023:

  • China with a share of 57% (329 billion US$)
  • USA with a share of 6.05% (34 billion US$)
  • India with a share of 3.77% (21 billion US$)
  • Other Asia, nes with a share of 3.12% (17.9 billion US$)
  • United Arab Emirates with a share of 2.7% (15.5 billion US$)
  • Vietnam with a share of 2.5% (14.4 billion US$)
  • Japan with a share of 1.87% (10.7 billion US$)
  • Thailand with a share of 1.79% (10.3 billion US$)
  • Netherlands with a share of 1.72% (9.89 billion US$)
  • China, Macao SAR with a share of 1.67% (9.65 billion US$)

Exports structure from Hong Kong in 2023 represented by the following main commodity groups:

  • 58% (335 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 14.1% (81 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 12.6% (72 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 2.51% (14.4 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 1.21% (6.96 billion US$): 91 - Clocks and watches and parts thereof
  • 1.19% (6.85 billion US$): 97 - Works of art, collectors' pieces and antiques
  • 0.787% (4.53 billion US$): 39 - Plastics and articles thereof
  • 0.761% (4.38 billion US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations
  • 0.548% (3.15 billion US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 0.532% (3.06 billion US$): 62 - Articles of apparel and clothing accessories, not knitted or crocheted

What did Hong Kong export in 2023?

Hong Kong's Top Exports in 2023:

  • 33% ($193 billion): 8542 - Electronic integrated circuits and microassemblies
  • 9.45% ($54 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 6.99% ($40 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 4.51% ($25 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 3.79% ($21 billion): 8473 - Parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.69 to 84.72
  • 2.75% ($15.8 billion): 8541 - Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, light-emitting diodes (LED) assembled with other LEDs or not, mounted piezo-electric crystals
  • 2.54% ($14.6 billion): 7102 - Diamonds, whether or not worked, but not mounted or set
  • 2.14% ($12.3 billion): 8411 - Turbo-jets, turbo-propellers and other gas turbines
  • 1.88% ($10.8 billion): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
  • 1.76% ($10.1 billion): 8524 - Flat panel display modules, whether or not incorporating touch-sensitive screens

The value of merchandise imports to Hong Kong totalled $ 654 billion in 2023. Overall commodity imports to Hong Kong decreased by 2.04% compared to 2022. Merchandise imports decreased by $ 13.6 billion (the value of merchandise imports to Hong Kong was equal to $668 billion in 2022)

Hong Kong's imports 2023 by country

Top trading partners (import sources) of Hong Kong in 2023:

  • China with a share of 40% (261 billion US$)
  • Other Asia, nes with a share of 10.3% (67 billion US$)
  • Singapore with a share of 6.79% (44 billion US$)
  • Japan with a share of 5.19% (34 billion US$)
  • Korea with a share of 4.4% (28 billion US$)
  • USA with a share of 4% (26 billion US$)
  • Malaysia with a share of 2.93% (19.1 billion US$)
  • Switzerland with a share of 2.8% (18.3 billion US$)
  • United Kingdom with a share of 2.69% (17.6 billion US$)
  • Vietnam with a share of 2.61% (17.1 billion US$)

Imports structure to Hong Kong in 2023 represented by the following main commodity groups:

  • 52% (344 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 16.8% (110 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 10.3% (67 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 2.21% (14.5 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 2.02% (13.2 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 1.28% (8.38 billion US$): 91 - Clocks and watches and parts thereof
  • 1.09% (7.15 billion US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations
  • 1% (6.61 billion US$): 97 - Works of art, collectors' pieces and antiques
  • 0.784% (5.13 billion US$): 39 - Plastics and articles thereof
  • 0.698% (4.57 billion US$): 42 - Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut)

What did Hong Kong import in 2023?

Hong Kong's Top Imports in 2023:

  • 30% ($202 billion): 8542 - Electronic integrated circuits and microassemblies
  • 9.2% ($60 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 9.13% ($59 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 3.21% ($21 billion): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
  • 3.13% ($20 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 2.7% ($17.7 billion): 8411 - Turbo-jets, turbo-propellers and other gas turbines
  • 2.68% ($17.5 billion): 8473 - Parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.69 to 84.72
  • 2.54% ($16.6 billion): 8541 - Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, light-emitting diodes (LED) assembled with other LEDs or not, mounted piezo-electric crystals
  • 2.36% ($15.5 billion): 7102 - Diamonds, whether or not worked, but not mounted or set
  • 1.58% ($10.3 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils

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Hong Kong | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023