Merchandise exports to high-income economies in Hong Kong
Hong Kong: Merchandise exports to high-income economies was 29.3% in 2023. ▼ Falling
Merchandise exports to high-income economies in Hong Kong, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to high-income economies in Hong Kong stood at 29.3%.
The figure is down 0.3% on the previous year and down 15.4% over ten years.
Over the whole period, merchandise exports to high-income economies in Hong Kong peaked at 87.5% in 1972 and was at its lowest, 28.5%, in 2021.
Hong Kong ranks 179th of 206 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to high-income economies in Hong Kong, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 71.7% | — |
| 1961 | 68.8% | -4.0% |
| 1962 | 75.5% | +9.7% |
| 1963 | 78.6% | +4.1% |
| 1964 | 78.7% | +0.2% |
| 1965 | 81.7% | +3.8% |
| 1966 | 78.5% | -3.9% |
| 1967 | 78.2% | -0.4% |
| 1968 | 82.4% | +5.4% |
| 1969 | 84.2% | +2.1% |
| 1970 | 86.2% | +2.4% |
| 1971 | 86.8% | +0.6% |
| 1972 | 87.5% | +0.9% |
| 1973 | 87.2% | -0.3% |
| 1974 | 84.8% | -2.8% |
| 1975 | 85.3% | +0.6% |
| 1976 | 87.4% | +2.4% |
| 1977 | 85.1% | -2.6% |
| 1978 | 85.3% | +0.2% |
| 1979 | 84.0% | -1.5% |
| 1980 | 78.2% | -7.0% |
| 1981 | 75.2% | -3.8% |
| 1982 | 76.2% | +1.3% |
| 1983 | 76.9% | +0.9% |
| 1984 | 72.9% | -5.1% |
| 1985 | 66.2% | -9.3% |
| 1986 | 70.5% | +6.5% |
| 1987 | 68.5% | -2.7% |
| 1988 | 65.4% | -4.6% |
| 1989 | 66.3% | +1.3% |
| 1990 | 66.4% | +0.2% |
| 1991 | 64.3% | -3.2% |
| 1992 | 61.4% | -4.5% |
| 1993 | 59.3% | -3.3% |
| 1994 | 58.8% | -1.0% |
| 1995 | 57.7% | -1.8% |
| 1996 | 57.0% | -1.2% |
| 1997 | 57.0% | -0.1% |
| 1998 | 58.1% | +2.0% |
| 1999 | 59.1% | +1.7% |
| 2000 | 57.8% | -2.2% |
| 2001 | 55.6% | -3.8% |
| 2002 | 52.7% | -5.1% |
| 2003 | 50.0% | -5.2% |
| 2004 | 48.6% | -2.8% |
| 2005 | 47.8% | -1.7% |
| 2006 | 45.6% | -4.5% |
| 2007 | 43.2% | -5.3% |
| 2008 | 42.5% | -1.6% |
| 2009 | 40.0% | -5.9% |
| 2010 | 37.6% | -5.9% |
| 2011 | 37.0% | -1.7% |
| 2012 | 35.8% | -3.2% |
| 2013 | 34.7% | -3.1% |
| 2014 | 34.5% | -0.5% |
| 2015 | 32.6% | -5.6% |
| 2016 | 33.3% | +2.2% |
| 2017 | 32.3% | -2.9% |
| 2018 | 31.5% | -2.4% |
| 2019 | 31.6% | +0.1% |
| 2020 | 33.2% | +5.3% |
| 2021 | 28.5% | -14.3% |
| 2022 | 29.4% | +3.2% |
| 2023 | 29.3% | -0.3% |
Hong Kong compared with similar countries
- Hong Kong's 29.3% is below the median for high income countries, which is 80.7%, 36% of the median. (74 countries reporting)
- Hong Kong's 29.3% is below the median for East Asia & Pacific, which is 59.1%, 50% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 77.8% | 68.8% | 84.2% | 10 |
| 1970s | 86.0% | 84.0% | 87.5% | 10 |
| 1980s | 71.6% | 65.4% | 78.2% | 10 |
| 1990s | 59.9% | 57.0% | 66.4% | 10 |
| 2000s | 48.4% | 40.0% | 57.8% | 10 |
| 2010s | 34.1% | 31.5% | 37.6% | 10 |
| 2020s | 30.1% | 28.5% | 33.2% | 4 |
Countries ranked near Hong Kong
More private sector data for Hong Kong
- Merchandise trade 371.0% (2025)
- Food imports 3.3% (2024)
- Manufactures imports 83.0% (2024)
- Merchandise imports 831.83 billion current US$ (2025)
- Food exports 1.6% (2024)
- Manufactures exports 87.4% (2024)
- Merchandise exports 753.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 100,492 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 1.76 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 16.74 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Hong Kong?
- Merchandise exports to high-income economies in Hong Kong was 29.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Hong Kong?
- The highest recorded value was 87.5% in 1972.
- What is the lowest merchandise exports to high-income economies recorded in Hong Kong?
- The lowest recorded value was 28.5% in 2021.
- How does Hong Kong rank for merchandise exports to high-income economies?
- Hong Kong ranks 179th out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Hong Kong?
- Over the last ten years it is down 15.4%. The long-run trend across the full record is falling.
- Where does this Hong Kong data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.