Merchandise exports to low- and middle-income economies in East Asia in Hong Kong
Hong Kong: Merchandise exports to low- and middle-income economies in East Asia was 63.9% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in East Asia in Hong Kong, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies in east asia in Hong Kong stood at 63.9%.
The figure is up 6.8% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in east asia in Hong Kong peaked at 65.5% in 2021 and was at its lowest, 6.9%, in 1972.
Hong Kong ranks 8th of 206 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in East Asia in Hong Kong, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 17.7% | — |
| 1961 | 20.1% | +13.4% |
| 1962 | 14.3% | -28.8% |
| 1963 | 11.4% | -20.3% |
| 1964 | 12.6% | +10.1% |
| 1965 | 10.2% | -18.4% |
| 1966 | 15.3% | +49.1% |
| 1967 | 15.4% | +1.1% |
| 1968 | 11.3% | -26.9% |
| 1969 | 9.7% | -13.8% |
| 1970 | 7.4% | -24.0% |
| 1971 | 7.2% | -2.5% |
| 1972 | 6.9% | -5.0% |
| 1973 | 7.7% | +12.8% |
| 1974 | 8.4% | +9.0% |
| 1975 | 7.6% | -10.0% |
| 1976 | 7.0% | -8.2% |
| 1977 | 8.4% | +20.3% |
| 1978 | 8.2% | -1.6% |
| 1979 | 9.8% | +19.3% |
| 1980 | 14.1% | +43.7% |
| 1981 | 17.2% | +21.7% |
| 1982 | 18.0% | +4.4% |
| 1983 | 18.8% | +4.4% |
| 1984 | 23.5% | +25.3% |
| 1985 | 30.6% | +30.0% |
| 1986 | 25.8% | -15.6% |
| 1987 | 27.6% | +7.0% |
| 1988 | 31.1% | +12.6% |
| 1989 | 30.3% | -2.5% |
| 1990 | 29.6% | -2.4% |
| 1991 | 31.7% | +7.1% |
| 1992 | 34.2% | +8.0% |
| 1993 | 36.4% | +6.3% |
| 1994 | 37.1% | +2.0% |
| 1995 | 37.8% | +1.7% |
| 1996 | 38.8% | +2.8% |
| 1997 | 39.0% | +0.5% |
| 1998 | 37.8% | -3.0% |
| 1999 | 37.0% | -2.2% |
| 2000 | 38.3% | +3.6% |
| 2001 | 40.7% | +6.3% |
| 2002 | 43.6% | +7.1% |
| 2003 | 46.7% | +7.0% |
| 2004 | 48.1% | +2.9% |
| 2005 | 48.8% | +1.6% |
| 2006 | 50.9% | +4.2% |
| 2007 | 52.9% | +4.0% |
| 2008 | 52.9% | -0.0% |
| 2009 | 55.5% | +4.8% |
| 2010 | 57.3% | +3.3% |
| 2011 | 57.4% | +0.1% |
| 2012 | 59.1% | +3.1% |
| 2013 | 59.8% | +1.1% |
| 2014 | 59.3% | -0.8% |
| 2015 | 61.2% | +3.1% |
| 2016 | 59.8% | -2.2% |
| 2017 | 60.7% | +1.4% |
| 2018 | 61.7% | +1.8% |
| 2019 | 61.8% | +0.1% |
| 2020 | 60.9% | -1.4% |
| 2021 | 65.5% | +7.6% |
| 2022 | 63.9% | -2.6% |
| 2023 | 63.9% | +0.0% |
Hong Kong compared with similar countries
- Hong Kong's 63.9% is above the median for high income countries, which is 4.1%, 15.6× the median. (74 countries reporting)
- Hong Kong's 63.9% is above the median for East Asia & Pacific, which is 35.9%, 1.8× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in East Asia in Hong Kong changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1966 | +49.1% | 10.2% | 15.3% |
| 1980 | +43.7% | 9.8% | 14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.8% | 9.7% | 20.1% | 10 |
| 1970s | 7.9% | 6.9% | 9.8% | 10 |
| 1980s | 23.7% | 14.1% | 31.1% | 10 |
| 1990s | 35.9% | 29.6% | 39.0% | 10 |
| 2000s | 47.8% | 38.3% | 55.5% | 10 |
| 2010s | 59.8% | 57.3% | 61.8% | 10 |
| 2020s | 63.5% | 60.9% | 65.5% | 4 |
Countries ranked near Hong Kong
- 5 Eritrea 79.0% compare
- 6 Micronesia (country) 75.3% compare
- 7 North Korea 74.2% compare
- 9 Turkmenistan 63.1% compare
- 10 Democratic Republic of Congo 59.4% compare
- 11 Maldives 56.7% compare
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 low- and middle-income economies in east asia in Hong Kong?
- Merchandise exports to low- and middle-income economies in east asia in Hong Kong was 63.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in east asia recorded in Hong Kong?
- The highest recorded value was 65.5% in 2021.
- What is the lowest merchandise exports to low- and middle-income economies in east asia recorded in Hong Kong?
- The lowest recorded value was 6.9% in 1972.
- How does Hong Kong rank for merchandise exports to low- and middle-income economies in east asia?
- Hong Kong ranks 8th out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in east asia rising or falling in Hong Kong?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are 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.