Hong Kong (HKG) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Hong Kong-Greece Trade: In 2022, Hong Kong exported $41.6M to Greece. The main products that Hong Kong exported to Greece were Computers ($3.13M), Broadcasting Equipment ($2.6M), and Railway Cargo Containers ($1.82M). Over the past 5 years the exports of Hong Kong to Greece have increased at an annualized rate of 0.02%, from $41.5M in 2017 to $41.6M in 2022.

In 2022, Hong Kong did not export any services to Greece.

Greece-Hong Kong Trade: In 2022, Greece exported $89.8M to Hong Kong. The main products that Greece exported to Hong Kong were Refined Petroleum ($32.5M), Beauty Products ($9.67M), and Precious Metal Watches ($6.46M). Over the past 5 years the exports of Greece to Hong Kong have increased at an annualized rate of 0.68%, from $86.8M in 2017 to $89.8M in 2022.

In 2020, Greece exported services to Hong Kong worth $81.7M, with Transportation ($54M), Other business services ($8.22M), and Communications services ($6.28M) being the largest in terms of value.

Comparison: In 2022, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hong Kong exported $41.6M to Greece. The main products exported from Hong Kong to Greece were Computers ($3.13M), Broadcasting Equipment ($2.6M), and Railway Cargo Containers ($1.82M). During the last 5 years the exports of Hong Kong to Greece have increased at an annualized rate of 0.02%, from $41.5M in 2017 to $41.6M in 2022.

In 2017, Greece exported $89.8M to Hong Kong. The main products exported from Greece to Hong Kong were Refined Petroleum ($32.5M), Beauty Products ($9.67M), and Precious Metal Watches ($6.46M). During the last 5 years the exports of Greece to Hong Kong have increased at an annualized rate of 0.68%, from $86.8M in 2022 to $89.8M in 2017.

Exports from Hong Kong () to Greece () (2022)

Exports from Greece () to Hong Kong () (2022)

Latest Data

Trade between Hong Kong () and Greece ()

Hong Kong Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$23.4B

Greece
Top DestinationItaly$5.82B

This map shows whether countries import more from Hong Kong or Greece. Each country is colored based on the difference in imports they receive from Hong Kong and Greece or the difference in the growth in imports.

In 2022, countries that imported more from Hong Kong than Greece included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Greece than Hong Kong included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

Difference in imports from Greece () and Hong Kong () (2022)

Comparative Advantage Hong Kong - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Hong Kong and Greece by product, considering products traded by both, Hong Kong and Greece.

During 2022, Hong Kong had a large net trade with Greece in the exports of Machines ($15.9M), Instruments ($6.48M), and Miscellaneous ($4.09M).

During 2017, Greece had a large net trade with Hong Kong in the exports of Mineral Products ($33M), Chemical Products ($16.2M), and Machines ($9.27M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Greece+$6.01MTelephones

Top Product Potential Greece Hong Kong+$41.6MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

Grc Year

In 2020, Greece exported services to Hong Kong worth $81.7M, with Transportation ($54M), Other business services ($8.22M), and Communications services ($6.28M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece () to Hong Kong () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Hong Kong and Greece. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Hong Kong.

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Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Greece () (2022)

Exports from Greece () to Hong Kong () (2022)

Latest Data

Trade between Hong Kong () and Greece ()

Hong Kong Exports

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Hong Kong () (2022)

Comparative Advantage Hong Kong - Greece

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Greece () to Hong Kong () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Greece () (2022)

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