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Pricing

2022
Flag → Flag
Exports $1.05MRnk 79 / 127
2022
Flag → Flag
Top Product $289kPolyacetals
2022
Flag → Flag
Exports $18.6MRnk 120 / 198
2022
Flag → Flag
Top Product $1.97MOther Rubber Products
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC $4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Iran-Hong Kong Trade: In 2022, Iran exported $1.05M to Hong Kong. The main products that Iran exported to Hong Kong were Polyacetals ($289k), Other Nuts ($188k), and Preserved Meat ($182k). Over the past 5 years the exports of Iran to Hong Kong have decreased at an annualized rate of 67.3%, from $280M in 2017 to $1.05M in 2022.

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

Hong Kong-Iran Trade: In 2022, Hong Kong exported $18.6M to Iran. The main products that Hong Kong exported to Iran were Other Rubber Products ($1.97M), Polyacetals ($1.94M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.5M). Over the past 5 years the exports of Hong Kong to Iran have decreased at an annualized rate of 32.9%,  from $136M in 2017 to $18.6M in 2022.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iran exported $1.05M to Hong Kong. The main products exported from Iran to Hong Kong were Polyacetals ($289k), Other Nuts ($188k), and Preserved Meat ($182k). During the last 5 years the exports of Iran to Hong Kong have decreased at an annualized rate of 67.3%, from $280M in 2017 to $1.05M in 2022.

In 2017, Hong Kong exported $18.6M to Iran. The main products exported from Hong Kong to Iran were Other Rubber Products ($1.97M), Polyacetals ($1.94M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.5M). During the last 5 years the exports of Hong Kong to Iran have decreased at an annualized rate of 32.9%, from $136M in 2022 to $18.6M in 2017.

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

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

Latest Data

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

Hong Kong Exports

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Hong Kong
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Iran than Hong Kong included Turkey ($3.17B), Kuwait ($960M), and Pakistan ($762M).

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

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

Comparative Advantage Iran - Hong Kong

Flow
Scale

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

During 2022, Iran had a large net trade with Hong Kong in the exports of Plastics and Rubbers ($342k), Vegetable Products ($267k), and Animal Products ($225k).

During 2017, Hong Kong had a large net trade with Iran in the exports of Machines ($7.31M), Plastics and Rubbers ($4.81M), and Instruments ($2.29M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Hong Kong+$423kOther Nuts
Top Product Potential Hong Kong Iran+$3.6MTelephones

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 Iran and Hong Kong. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Hong Kong. Similarly, a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Iran.

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

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