Hong Kong, China
Asia & Middle East
Trade in Hong Kong, China
| Hong Kong, China was the world’s 6th largest exporter of goods and 22nd largest exporter of commercial services in 2021. Export values were $669.9 and $76.7 billion USD respectively. Hong Kong, China’s top export category was manufactures, followed by fuels and mining products, and agricultural products. In 2020, Hong Kong, China’s main export destination markets for goods and services trade were to China, the United States and the the United Kingdom, with trade representing 350.68 per cent of GDP. In terms of imports, Hong Kong, China’s import values were $712.4 and $61.6 billion USD respectively in 2021. Hong Kong, China’s top import category was manufactures, followed by agricultural products and fuels and mining products. Leading import partners were China, Singapore and Japan. Hong Kong, China is part of 8 different Regional Trade Agreements, such as ASEAN – Hong Kong, China, China – Hong Kong, China and EFTA – Hong Kong, China. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Hong Kong Special Administrative Region |
Abbreviation |
HK |
Capital |
Victoria City |
WTO Membership Date |
1 January 1995 |
Legal System |
mixed legal system of common law based on the English model and Chinese customary law (in matters of family and land tenure); PRC imposition of National Security Law incorporates elements of Chinese civil law |
Language |
Traditional Chinese, English |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Hong Kong dollar |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Government MSME Agency |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
https://www.censtatd.gov.hk/en/index_hs_code.html |
Trade Information Portal |
https://www.tid.gov.hk/eindex.html |
Last Reviewed: June, 2023
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