Hong Kong: Trade balance, percent of GDP

* indicates monthly or quarterly data series
 Hong Kong

Trade balance as percent of GDP

 Latest value 3.93
 Year 2022
 Measure percent
 Data availability 1961 - 2022
 Average 3.83
 Min - Max -8.31 - 12.22
 Source The World Bank
For that indicator, we provide data for Hong Kong from 1961 to 2022. The average value for Hong Kong during that period was 3.83 percent with a minimum of -8.31 percent in 1962 and a maximum of 12.22 percent in 2005. The latest value from 2022 is 3.93 percent. For comparison, the world average in 2022 based on 149 countries is -4.42 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Hong Kong - Trade balance, percent of GDP - Recent values chart

Historical chart
Hong Kong - Trade balance, percent of GDP - historical chart - 1961-2022




The trade balance for Hong Kong and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

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 Related indicators Latest value Reference Measure
 Terms of trade 100.31 2021 percent
 Trade openness 383.64 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 193.86 2022 percent
 Exports, billion dollars 673.24 2023 billion U.S. dollars
 Growth of exports -12.61 2022 percent
 Imports, percent of GDP 189.93 2022 percent
 Imports, billion dollars 670.03 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 34.02 2022 percent
 Foreign Direct Investment, billion dollars 122.41 2022 billion U.S. dollars
 Portfolio investment inflows, equities -577.55 2023 million dollars (current)
 Current account, percent of GDP 9.20 2023 percent
 Current account, in dollars 35.37 2023 billion U.S. dollars
 Trade balance, percent of GDP 3.93 2022 percent
 Trade balance, in dollars 3.22 2023 billion U.S. dollars
 Reserves 424.03 2022 billion U.S. dollars
 Remittances, percent of GDP 0.12 2022 percent
 Remittances 414.37 2022 million U.S. dollars
 Net errors and omissions -1,143.23 2023 million USD
 Foreign exchange reserves 415.71 9/2023 billion
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