Merchandise exports to low- and middle-income economies outside region in Hong Kong
Hong Kong: Merchandise exports to low- and middle-income economies outside region was 6.8% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies outside region in Hong Kong, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies outside region in Hong Kong is 6.8%, measured in 2023.
The figure is up 1.3% on the previous year and up 24.6% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in Hong Kong peaked at 10.5% in 1961 and was at its lowest, 3.1%, in 1985.
That places Hong Kong 132nd out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to low- and middle-income economies outside region in Hong Kong, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 10.0% | — |
| 1961 | 10.5% | +5.1% |
| 1962 | 9.7% | -8.1% |
| 1963 | 9.6% | -1.2% |
| 1964 | 8.2% | -14.3% |
| 1965 | 7.7% | -6.2% |
| 1966 | 5.8% | -24.2% |
| 1967 | 6.0% | +2.3% |
| 1968 | 5.9% | -1.4% |
| 1969 | 5.7% | -3.0% |
| 1970 | 6.0% | +4.8% |
| 1971 | 5.6% | -5.7% |
| 1972 | 5.2% | -7.6% |
| 1973 | 4.8% | -7.9% |
| 1974 | 6.4% | +34.4% |
| 1975 | 6.7% | +4.3% |
| 1976 | 5.3% | -20.9% |
| 1977 | 6.1% | +14.5% |
| 1978 | 6.1% | +0.0% |
| 1979 | 5.8% | -4.4% |
| 1980 | 7.4% | +26.5% |
| 1981 | 7.3% | -0.7% |
| 1982 | 5.5% | -25.2% |
| 1983 | 4.3% | -21.0% |
| 1984 | 3.5% | -19.4% |
| 1985 | 3.1% | -9.8% |
| 1986 | 3.6% | +15.7% |
| 1987 | 3.8% | +4.1% |
| 1988 | 3.4% | -9.4% |
| 1989 | 3.4% | -0.8% |
| 1990 | 4.0% | +17.0% |
| 1991 | 3.9% | -1.6% |
| 1992 | 4.2% | +8.2% |
| 1993 | 4.1% | -2.1% |
| 1994 | 4.1% | -2.1% |
| 1995 | 4.5% | +10.2% |
| 1996 | 4.1% | -7.6% |
| 1997 | 3.9% | -4.9% |
| 1998 | 3.9% | +0.1% |
| 1999 | 3.8% | -4.0% |
| 2000 | 3.8% | -0.4% |
| 2001 | 3.6% | -5.7% |
| 2002 | 3.6% | +0.4% |
| 2003 | 3.3% | -8.2% |
| 2004 | 3.3% | +1.0% |
| 2005 | 3.4% | +1.8% |
| 2006 | 3.5% | +3.0% |
| 2007 | 3.8% | +10.5% |
| 2008 | 4.6% | +18.9% |
| 2009 | 4.5% | -0.7% |
| 2010 | 5.0% | +11.1% |
| 2011 | 5.6% | +11.9% |
| 2012 | 5.0% | -10.6% |
| 2013 | 5.5% | +8.6% |
| 2014 | 6.1% | +12.6% |
| 2015 | 6.2% | +1.4% |
| 2016 | 6.9% | +10.3% |
| 2017 | 7.0% | +2.2% |
| 2018 | 6.7% | -4.2% |
| 2019 | 6.6% | -1.4% |
| 2020 | 5.8% | -11.9% |
| 2021 | 6.0% | +2.1% |
| 2022 | 6.7% | +12.6% |
| 2023 | 6.8% | +1.3% |
Hong Kong compared with similar countries
- Hong Kong's 6.8% is below the median for high income countries, which is 9.2%, 74% of the median. (74 countries reporting)
- Hong Kong's 6.8% is above the median for East Asia & Pacific, which is 4.1%, 1.7× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.9% | 5.7% | 10.5% | 10 |
| 1970s | 5.8% | 4.8% | 6.7% | 10 |
| 1980s | 4.5% | 3.1% | 7.4% | 10 |
| 1990s | 4.1% | 3.8% | 4.5% | 10 |
| 2000s | 3.7% | 3.3% | 4.6% | 10 |
| 2010s | 6.1% | 5.0% | 7.0% | 10 |
| 2020s | 6.3% | 5.8% | 6.8% | 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 low- and middle-income economies outside region in Hong Kong?
- Merchandise exports to low- and middle-income economies outside region in Hong Kong was 6.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies outside region recorded in Hong Kong?
- The highest recorded value was 10.5% in 1961.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Hong Kong?
- The lowest recorded value was 3.1% in 1985.
- How does Hong Kong rank for merchandise exports to low- and middle-income economies outside region?
- Hong Kong ranks 132nd out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in Hong Kong?
- Over the last ten years it is up 24.6%. 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 low- and middle-income economies outside region (% 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 outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.