2022
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GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
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2022
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 GDP
$1.67TCURRENT US$
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2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
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2022
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GDP PC
$32,255CURRENT US$
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2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Hong Kong-South Korea In 2022, Hong Kong exported $2.29B to South Korea. The main products that Hong Kong exported to South Korea are Integrated Circuits ($1.03B), Gas Turbines ($186M), and Office Machine Parts ($168M). During the last 27 years the exports of Hong Kong to South Korea have increased at an annualized rate of 3.08%, from $1.01B in 1995 to $2.29B in 2022.

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

South Korea-Hong Kong In 2022, South Korea exported $28.9B to Hong Kong. The main products that South Korea exported to Hong Kong were Integrated Circuits ($17.5B), Office Machine Parts ($2.12B), and Blank Audio Media ($1.71B). During the last 27 years the exports of South Korea to Hong Kong have increased at an annualized rate of 3.98%, from $10.1B in 1995 to $28.9B in 2022.

In 2005, South Korea exported services to Hong Kong worth $2.8B, with Transportation ($1.85B), Other business services ($547M), and Travel ($333M) being the largest in terms of value.

Comparison In 2022,  Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99), and 39 in total exports ($113B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $2.29B to South Korea. The main products exported from Hong Kong to South Korea were Integrated Circuits ($1.03B), Gas Turbines ($186M), and Office Machine Parts ($168M). During the last 27 years the exports of Hong Kong to South Korea have increased at an annualized rate of 3.08%, from $1.01B in 1995 to $2.29B in 2022.

In 2022, South Korea exported $28.9B to Hong Kong. The main products exported from South Korea to Hong Kong were Integrated Circuits ($17.5B), Office Machine Parts ($2.12B), and Blank Audio Media ($1.71B). During the last 27 years the exports of South Korea to Hong Kong have increased at an annualized rate of 3.98%, from $10.1B in 1995 to $28.9B in 2022.

Exports from Hong Kong (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and South Korea (Flag)

Hong Kong Exports

South Korea Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
South Korea
Top Destination
China$150B

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

In 2021, countries that imported more from Hong Kong than South Korea were Macau ($2.73B), Switzerland ($4.11B), and Israel ($3.07B).

In 2021, countries that imported more from South Korea than Hong Kong were China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - South Korea

Flow
Scale

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

During 2022, Hong Kong had a large net trade with South Korea in the exports of Machines ($1.6B), Animal Products ($276M), and Metals ($110M).

During 2022, South Korea had a large net trade with Hong Kong in the exports of Machines ($23.4B), Chemical Products ($1.28B), and Mineral Products ($928M).

Service Trade

Bilateral Service Trade

In 2005, South Korea exported services to Hong Kong worth $2.8B, with Transportation ($1.85B), Other business services ($547M), and Travel ($333M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from South Korea (Flag) to Hong Kong (Flag) (2005)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Hong Kong has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and South Korea (Flag) (2022)

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