Hong Kong: Trade openness: exports plus imports as percent of GDP: The latest value from 2024 is 359.4 percent, an increase from 352.99 percent in 2023. In comparison, the world average is 92.80 percent, based on data from 133 countries. Historically, the average for Hong Kong from 1961 to 2024 is 257.33 percent. The minimum value, 141.09 percent, was reached in 1965 while the maximum of 442.62 percent was recorded in 2013.

Hong Kong recorded a trade deficit of 39947 HKD Million in October of 2025. This dataset provides the latest reported value for - Hong Kong Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Hong Kong SAR (China)'s Trade Balance

• Hong Kong SAR (China)'s Trade Balance recorded a deficit of 5.1 USD bn in Oct 2025, compared with a deficit of 6.4 USD bn in the previous month
• Hong Kong SAR (China)'s Trade Balance data is updated monthly, available from Jan 1957 to Oct 2025, with an averaged value of -357.7 USD mn
• The data reached an all-time high of 931.9 USD mn in Jan 2009 and a record low of -8.7 USD bn in Jun 2022

• In the latest reports, Hong Kong SAR (China)'s Total Exports reached 59.4 USD bn in Oct 2025, an increase of 18.3% YoY (year-on-year)
• Total Imports recorded 64.5 USD bn in Oct 2025, an increase of 18.3% YoY (year-on-year)

In 2024, the gross domestic product (GDP) of Hong Kong amounted to around 407 billion U.S. dollars at current prices, equivalent to around 3.18 trillion Hong Kong dollars. The city’s GDP grew by 2.5 percent that year. Hong Kong’s GDP in comparison The GDP measures the total value of all goods and services produced in an economy over a certain period. Together with unemployment and inflation, it is one of the most observed economic indicators. While GDP figures in the local currency are sometimes more useful for analyzing internal economic developments, values in international currencies are important for regional comparison.Among economies in Asia-Pacific, Hong Kong’s nominal GDP is comparatively small. However, as an advanced economy and a global financial hub, the city’s per capita GDP is one of the highest in the region, only second to Singapore and Australia. Hong Kong’s economic development As an important international hub for finance and trade, Hong Kong’s economy is dominated by the service sector. Financial services contributed more than 20 percent to the city’s GDP and displayed one of the highest sectoral growth rates over the last decade. Hong Kong’s economic growth suffered severely during the COVID-19 pandemic but returned to sustained growth in 2023.

Hong Kong Exports: Re Exports: Annual data was reported at 3,832,443.000 HKD mn in 2017. This records an increase from the previous number of 3,545,372.000 HKD mn for 2016. Hong Kong Exports: Re Exports: Annual data is updated yearly, averaging 182,780.000 HKD mn from Dec 1957 (Median) to 2017, with 61 observations. The data reached an all-time high of 3,832,443.000 HKD mn in 2017 and a record low of 991.000 HKD mn in 1961. Hong Kong Exports: Re Exports: Annual data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.JA001: Trade Statistics.

Full Year GDP Growth in Hong Kong decreased to 2.50 percent in 2024 from 3.20 percent in 2023. This dataset includes a chart with historical data for Hong Kong Full Year Gdp Growth.

In 2023, financing and insurance contributed around **** percent to the gross domestic product (GDP) of Hong Kong, constituting the largest industry in the city. The total GDP of Hong Kong amounted to around *** billion U.S. dollars that year. Sectoral view on Hong Kong’s economy Hong Kong is an important financial hub in Asia and a bridgehead for trade with mainland China. The city has a strong service sector that contributes more than ** percent of its GDP. Trading and logistics, as well as financial and professional services are key industries in the city. Over the last decade, the importance of the financial sector has increased gradually, making Hong Kong to one of the leading financial centers in the world. At the same time, trading and logistics has slowly lost ground, although it is, together with professional services, important for employment in the city. Economic perspectives In recent times, Hong Kong has encountered growing competition from Chinese mainland cities. At the same time, its integration into the Guangdong-Hong Kong-Macao Greater Bay Area offers new opportunities for economic growth. While the trade sector is under pressure by competition from mainland ports, Hong Kong’s highly developed financial, insurance, and business services will most probably grow further in the future.

Hong Kong SAR (China) HK: Trade Balance: Services: United States data was reported at 66,201.000 HKD mn in 2021. This records an increase from the previous number of 42,604.000 HKD mn for 2020. Hong Kong SAR (China) HK: Trade Balance: Services: United States data is updated yearly, averaging 50,130.000 HKD mn from Dec 2005 (Median) to 2021, with 17 observations. The data reached an all-time high of 66,201.000 HKD mn in 2021 and a record low of 31,501.000 HKD mn in 2005. Hong Kong SAR (China) HK: Trade Balance: Services: United States data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.OECD.TISP: Trade in Services: Trade Balance: by Country: Non OECD Member: Annual.

Monthly dataset of the Hong Kong Balance of Trade, including historical data, latest releases, and long-term trends from 2015-07-31 to 2025-10-31. Available for free download in CSV format.

The Gross Domestic Product (GDP) in Hong Kong expanded 3.80 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Hong Kong GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Actual value and historical data chart for Hong Kong Trade Percent Of GDP

Terms of Trade in Hong Kong remained unchanged at 100.70 points in September. This dataset provides - Hong Kong Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States Exports to Hong Kong was US$27.87 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to Hong Kong - data, historical chart and statistics - was last updated on November of 2025.

Hong Kong's total Imports in 2024 were valued at US$697.90 Billion, according to the United Nations COMTRADE database on international trade. Hong Kong's main import partners were: China, Singapore and Japan. The top three import commodities were: Electrical, electronic equipment; Pearls, precious stones, metals, coins and Machinery, nuclear reactors, boilers. Total Exports were valued at US$639.41 Billion. In 2024, Hong Kong had a trade deficit of US$58.49 Billion.

Graph and download economic data for External Trade: Volume of Exports of Goods and Services for China, P.R.: Hong Kong (HKGTXRPCPPPT) from 2016 to 2024 about Hong Kong, China, trade, exports, goods, services, and rate.

Hong Kong: Trade balance, billion USD: The latest value from 2024 is 16.59 billion U.S. dollars, an increase from 2.25 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for Hong Kong from 1998 to 2024 is 10.58 billion U.S. dollars. The minimum value, -0.77 billion U.S. dollars, was reached in 2018 while the maximum of 22.6 billion U.S. dollars was recorded in 2007.

Hong Kong Exports to Japan was US$10.35 Billion during 2024, according to the United Nations COMTRADE database on international trade. Hong Kong Exports to Japan - data, historical chart and statistics - was last updated on November of 2025.

Hong Kong recorded a Current Account surplus of 92563 HKD Million in the second quarter of 2025. This dataset provides the latest reported value for - Hong Kong Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Hong Kong SAR (China) Total Exports

• Hong Kong SAR (China) Total Exports recorded 59.4 USD bn in Oct 2025, compared with 59.4 USD bn in the previous month
• Hong Kong SAR (China) Total Exports data is updated monthly, available from Jan 1957 to Oct 2025, with an averaged value of 8.3 USD bn
• The data reached an all-time high of 62.8 USD bn in Dec 2021 and a record low of 35.9 USD mn in Feb 1959

• In the latest reports, Hong Kong SAR (China) Total Exports grew 17.5 % YoY in Oct 2025
• Total Imports recorded 64.5 USD bn in Oct 2025, which registered an increase of 18.3 % year on year
• Hong Kong SAR (China) Trade Balance recorded a deficit of 5.1 USD bn in Oct 2025

Hong Kong HK: Trade Balance data was reported at -39.631 USD bn in 2017. This records an increase from the previous number of -84.835 USD bn for 2016. Hong Kong HK: Trade Balance data is updated yearly, averaging -790.400 USD mn from Dec 1948 (Median) to 2017, with 69 observations. The data reached an all-time high of 1.083 USD bn in 1989 and a record low of -84.835 USD bn in 2016. Hong Kong HK: Trade Balance data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hong Kong – Table HK.IMF.DOT: Trade Balance: by Country: Annual.