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Pricing

2022
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Exports $24.9BRnk 19 / 219
2022
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Top Product $4.16BBroadcasting Equipment
2022
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Exports $3.87BRnk 5 / 198
2022
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Top Product $694MJewellery
2022
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Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
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Economic Complexity (ECI) ECI 0.99Rnk 26 / 124
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

United States-Hong Kong In 2022, United States exported $24.9B to Hong Kong. The main products that United States exported to Hong Kong are Broadcasting Equipment ($4.16B), Integrated Circuits ($3.35B), and Diamonds ($1.88B). During the last 27 years the exports of United States to Hong Kong have increased at an annualized rate of 2.12%, from $14.1B in 1995 to $24.9B in 2022.

In 2017, United States exported services to Hong Kong worth $13.1B, with Financial services ($3.6B), Royalties and license fees ($3.49B), and Transportation ($2.31B) being the largest in terms of value.

Hong Kong-United States In 2022, Hong Kong exported $3.87B to United States. The main products that Hong Kong exported to United States were Jewellery ($694M), Broadcasting Equipment ($248M), and Other Precious Metal Products ($238M). During the last 27 years the exports of Hong Kong to United States have decreased at an annualized rate of 4.07%, from $11.9B in 1995 to $3.87B in 2022.

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

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99), and 39 in total exports ($113B).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (78.5k), ROBERT BOSCH LLC (12.2k), and LG ELECTRONICS U.S.A. INC. (7.65k) were at the forefront of exporting goods from Hong Kong to the United States. Conversely, TTM TECHNOLOGIES TRADING (ASIA) CO (23.9k), SUMIDA ELECTRIC (HK) CO LTD (14.7k), and CMKC (HK) LIMITED (11.2k) were notable for importing Hong Kong products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $2.28B and imported $307M from Hong Kong, resulting in a positive trade balance of $1.97B. Between January 2023 and January 2024 the exports of United States have increased by $704M (44.8%) from $1.57B to $2.28B, while imports increased by $48.5M (18.7%) from $259M to $307M.

Trade In January 2024, the top exports of United States to Hong Kong were Telephones ($249M), Integrated Circuits ($171M), Diamonds ($137M), Jewellery ($75.9M), and Computers ($69M). In January 2024 the top imports of United States from Hong Kong were Commodities not elsewhere specified ($94.2M), Jewellery ($40.3M), Telephones ($13.7M), Diamonds ($9.31M), and Precious Stones ($6.79M).

Origins In January 2024 the exports of United States were mainly from New York ($638M), California ($437M), Texas ($277M), Tennessee ($145M), and Kentucky ($85.1M), while imports destinations were mainly New York ($131M), California ($42.1M), Florida ($35M), Georgia ($12.6M), and Illinois ($11.2M).

Growth In January 2024, the increase in United States's year-by-year exports to Hong Kong was explained primarily by an increase in product exports in Diamonds ($32M or 30.6%), Computers ($25.1M or 57.2%), and Paintings ($14.1M or 50.8%). In January 2024, the increase in United States's year-by-year imports  from Hong Kong was explained primarily by an increase in product imports  in Diamonds ($6.44M or 224%), Precious Stones ($5.21M or 330%), and Commodities not elsewhere specified ($4.72M or 5.28%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)$704M(44.8%)
IMPORT GROWTH (January 2023 - January 2024)$48.5M(18.7%)
MAIN EXPORTER (January 2024)New York$638M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Hong Kong and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $24.9B to Hong Kong. The main products exported from United States to Hong Kong were Broadcasting Equipment ($4.16B), Integrated Circuits ($3.35B), and Diamonds ($1.88B). During the last 27 years the exports of United States to Hong Kong have increased at an annualized rate of 2.12%, from $14.1B in 1995 to $24.9B in 2022.

In 2022, Hong Kong exported $3.87B to United States. The main products exported from Hong Kong to United States were Jewellery ($694M), Broadcasting Equipment ($248M), and Other Precious Metal Products ($238M). During the last 27 years the exports of Hong Kong to United States have decreased at an annualized rate of 4.07%, from $11.9B in 1995 to $3.87B in 2022.

Exports from United States (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Hong Kong
Top DestinationChina$23.4B

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

In 2021, countries that imported more from United States than Hong Kong were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Hong Kong than United States were Macau ($2.73B), Russia ($2.38B), and Cambodia ($877M).

Difference in imports from Hong Kong (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Hong Kong

Flow
Scale

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

During 2022, United States had a large net trade with Hong Kong in the exports of Machines ($12.4B), Precious Metals ($4.68B), and Arts and Antiques ($1.43B).

During 2022, Hong Kong had a large net trade with United States in the exports of Precious Metals ($1.36B), Machines ($1.14B), and Plastics and Rubbers ($283M).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Hong Kong worth $13.1B, with Financial services ($3.6B), Royalties and license fees ($3.49B), and Transportation ($2.31B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Hong Kong (Flag) (2017)

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 United States has comparative advantage over Hong Kong. Similarly, the more yellow a dot/product is, the more Hong Kong has comparative advantage over United States.

Product Space of United States (Flag) and Hong Kong (Flag) (2022)

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