Hong Kong / South Korea

Hong Kong-South Korea Trade: In 2022, Hong Kong exported $2.29B to South Korea. The main products that Hong Kong exported to South Korea were Integrated Circuits ($1.03B), Gas Turbines ($186M), and Office Machine Parts ($168M). Over the past 5 years the exports of Hong Kong to South Korea have increased at an annualized rate of 3.33%, from $1.95B in 2017 to $2.29B in 2022.

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

South Korea-Hong Kong Trade: In 2022, South Korea exported $28.9B to Hong Kong. The main products that South Korea exported to Hong Kong were Integrated Circuits ($17.5B), Office Machine Parts ($2.12B), and Blank Audio Media ($1.71B). Over the past 5 years the exports of South Korea to Hong Kong have decreased at an annualized rate of 3.87%,  from $38.1B in 2017 to $28.9B in 2022.

In 2005, South Korea exported services to Hong Kong worth $2.8B, with Transportation ($1.85B), Other business services ($547M), and Travel ($333M) 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).