Hong Kong, China
Asia & Middle East
Trade in Hong Kong, China
| Hong Kong, China was the world’s 9th largest exporter of goods in 2022. Export values were $609.93 billion USD. Hong Kong, China’s top export category was Manufactures, followed by Machinery and transport equipment, and Office and telecom equipment. In 2022, Hong Kong, China’s main export destination markets for goods and services trade were to China, United States and United Kingdom, with trade representing 383.79 per cent of GDP. In terms of imports, Hong Kong, China is the world’s 11th largest importer of goods. Import values were $667.55 billion USD in 2022. Hong Kong, China’s top import category was Manufactures, followed by Machinery and transport equipment and Office and telecom equipment. Leading import partners were China, Singapore and Japan. Hong Kong, China is part of 8 different Regional Trade Agreements, including ASEAN – Hong Kong, China and China – Hong Kong, China. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
|
|---|---|
Official Name |
Hong Kong Special Administrative Region |
Abbreviation |
HK |
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. |
|
Currency |
Hong Kong dollar |
|
Exchange Rate |
Google Finance Currencies |
|
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. |
|
Contact InformationThis section includes contact information for business support organizations and national resources. |
|
|
Government MSME Agency |
|
|
SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
|
|
TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
|
|
Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
|
National Tariff Finder |
https://www.censtatd.gov.hk/en/index_hs_code.html |
Trade Information Portal |
https://www.tid.gov.hk/eindex.html |
Doing business in Hong Kong - Chartered Institute of Export |
https://www.export.org.uk/resources/doing-business-handbooks/hongkong/ |
Last Reviewed: December, 2024
Businesses & Entrepreneurs
Find a concise overview of key aspects of international trade for micro, small, and medium-sized enterprises with our Businesses & Entrepreneurs Guides.
Policymakers & Researchers
Find a concise overview of key aspects of trade and MSME-related policymaking with our dedicated library of Policymakers & Researchers Guides.
Resources related to Hong Kong, China
View ResourceArab Creative Market platform
A digital mall empowering Arab creatives, and enriching culture. Discover a rich tapestry of creative Arab businesses in one central hub.
- View Resource
Doing Business in Hong Kong, China – Chartered Institute of Exports
This handbook from the Chartered Institute of Exports and International Trade provides insights for those already operating in Hong Kong, China but is mostly focused on those looking to do business in Hong Kong, China for the first time, offering guidance and support, with a steer on key issues to consider. Whether you aim to use it as a market to export into, plan to set up an office there, or want to start a new business in Hong Kong, China this handbook should have something to help.
- View Resource
Gender Dimensions of Cross-Border Trade in Tajikistan
This survey aims to quantify the exact nature of challenges women cross-border traders face at the firm-level in Tajikistan. The World Bank Group undertook a survey of 401 cross-border trade firms and 31 customs brokers between March and November 2022.
