2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Hong Kong-Indonesia Trade: In 2022, Hong Kong exported $3.04B to Indonesia. The main products that Hong Kong exported to Indonesia were Gold ($1.08B), Telephones ($242M), and Light Rubberized Knitted Fabric ($185M). Over the past 5 years the exports of Hong Kong to Indonesia have increased at an annualized rate of 9.58%, from $1.92B in 2017 to $3.04B in 2022.

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

Indonesia-Hong Kong Trade: In 2022, Indonesia exported $3.28B to Hong Kong. The main products that Indonesia exported to Hong Kong were Coal Briquettes ($1.38B), Jewellery ($300M), and Gold ($249M). Over the past 5 years the exports of Indonesia to Hong Kong have increased at an annualized rate of 4.22%,  from $2.67B in 2017 to $3.28B in 2022.

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

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $3.04B to Indonesia. The main products exported from Hong Kong to Indonesia were Gold ($1.08B), Telephones ($242M), and Light Rubberized Knitted Fabric ($185M). During the last 5 years the exports of Hong Kong to Indonesia have increased at an annualized rate of 9.58%, from $1.92B in 2017 to $3.04B in 2022.

In 2017, Indonesia exported $3.28B to Hong Kong. The main products exported from Indonesia to Hong Kong were Coal Briquettes ($1.38B), Jewellery ($300M), and Gold ($249M). During the last 5 years the exports of Indonesia to Hong Kong have increased at an annualized rate of 4.22%, from $2.67B in 2022 to $3.28B in 2017.

Exports from Hong Kong (Flag) to Indonesia (Flag) (2022)

Exports from Indonesia (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Indonesia (Flag)

Hong Kong Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Hong Kong than Indonesia included Israel ($3.07B), Macau ($2.73B), and Switzerland ($4.11B).

In 2022, countries that imported more from Indonesia than Hong Kong included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

Difference in imports from Indonesia (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Indonesia

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Indonesia in the exports of Precious Metals ($1.09B), Machines ($784M), and Textiles ($491M).

During 2017, Indonesia had a large net trade with Hong Kong in the exports of Mineral Products ($1.58B), Precious Metals ($605M), and Machines ($458M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Indonesia+$96.9MTelephones
Top Product Potential Indonesia Hong Kong+$75MTelephones

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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Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Indonesia (Flag) (2022)

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