Net trade in goods in Hong Kong
Hong Kong: Net trade in goods was -1.98 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Hong Kong, 1998–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods in Hong Kong stood at -1.98 billion BoP, current US$.
The figure is up 87.7% on the previous year and up 93.9% over ten years.
Over the whole period, net trade in goods in Hong Kong peaked at 31.07 billion BoP, current US$ in 2005 and was at its lowest, -32.36 billion BoP, current US$, in 2014.
Hong Kong ranks 123rd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.91 billion BoP, current US$ | 16.52 billion BoP, current US$ | 21.30 billion BoP, current US$ | 2 |
| 2000s | 24.10 billion BoP, current US$ | 13.29 billion BoP, current US$ | 31.07 billion BoP, current US$ | 10 |
| 2010s | -19.35 billion BoP, current US$ | -32.36 billion BoP, current US$ | 3.29 billion BoP, current US$ | 10 |
| 2020s | -5.08 billion BoP, current US$ | -16.12 billion BoP, current US$ | 3.16 billion BoP, current US$ | 5 |
Countries ranked near Hong Kong
- 120 Madagascar -1.59 billion BoP, current US$ compare
- 121 Andorra -1.70 billion BoP, current US$ compare
- 122 Fiji -1.73 billion BoP, current US$ compare
- 124 Malawi -2.00 billion BoP, current US$ compare
- 125 Paraguay -2.07 billion BoP, current US$ compare
- 126 Namibia -2.10 billion BoP, current US$ compare
More economy & growth data for Hong Kong
- Exports of goods and services 199.8% (2025)
- Gross national expenditure 3.24 trillion current LCU (2025)
- Gross national expenditure 97.1% (2025)
- Exports of goods and services 853.59 billion current US$ (2025)
- Exports of goods and services 6.66 trillion current LCU (2025)
- Exports of goods and services 655.83 billion constant 2015 US$ (2025)
- Exports of goods and services 11.2% (2025)
- Services, value added 2.91 trillion current LCU (2024)
- Gross fixed capital formation 65.17 billion constant 2015 US$ (2025)
- Gross fixed capital formation 564.37 billion current LCU (2025)
Frequently asked questions
- What is net trade in goods in Hong Kong?
- Net trade in goods in Hong Kong was -1.98 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Hong Kong?
- The highest recorded value was 31.07 billion BoP, current US$ in 2005.
- What is the lowest net trade in goods recorded in Hong Kong?
- The lowest recorded value was -32.36 billion BoP, current US$ in 2014.
- How does Hong Kong rank for net trade in goods?
- Hong Kong ranks 123rd out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Hong Kong?
- Over the last ten years it is up 93.9%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.