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Hong Kong SAR, China: Merchandise exports to high-income economies (% of total merchandise exports)

In , Hong Kong SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) was 29.32.

That's down 0.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 60.91 . Hong Kong SAR, China ranks #178 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #30 of 36.

Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2004–2023)

Hong Kong SAR, China Merchandise exports to high-income economies (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
48.61
Trough
28.49
1-year change
-0.3%
5-year change
-7.0%
-1.4% / yr
10-year change
-15.4%
-1.7% / yr

Historical Data — Last 10 Years

Year Merchandise exports to high-income economies (% of total merchandise exports)
29.3164
29.4163
28.4933
33.2483
31.5634
31.5315
32.2992
33.2806
32.5611
34.4910

About Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Indicator code: TX.VAL.MRCH.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Hong Kong SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
In 2023, Hong Kong SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) was 29.32, according to World Bank Open Data.
Is Hong Kong SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
Hong Kong SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) fell 0.3% from 2022 to 2023.
How does Hong Kong SAR, China rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
In 2023, Hong Kong SAR, China ranked #178 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
How does Hong Kong SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Hong Kong SAR, China is below the world average. Within East Asia & Pacific, it ranks #30 of 36.
What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
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Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.