Hong Kong's Values of Domestic Exports by Main Destination, 2023

The top three destinations for Hong Kong's domestic exports in 2023 were the Mainland, Taiwan and the United States of America (USA) with domestic exports values of HK$25.0 billion, HK$7.3 billion and HK$6.1 billion respectively. Their corresponding shares of the total domestic exports in the year were 38.1%, 11.1% and 9.3%. When compared with 2022, the values of domestic exports to the Mainland and Taiwan increased by 7.4% and 11.4% respectively, whereas that to the USA decreased by 17.5%.

In 2023, Switzerland with domestic exports values of HK$3.9 billion or 5.9% in share ranked the fourth destination and the United Kingdom (HK$2.8 billion or 4.2% in share) ranked the fifth. Comparing with 2022, the values of domestic exports to these two destinations rose by 2.4% and 121.2% respectively.

The other major destinations of local goods from Hong Kong included Macao (HK$2.3 billion or 3.6% in share), Singapore (HK$2.3 billion or 3.6% in share), United Arab Emirates (UAE) (HK$1.8 billion or 2.8% in share), Viet Nam (HK$1.8 billion or 2.7% in share) and Thailand (HK$1.6 billion or 2.4% in share). Comparing with 2022, the values of domestic exports to Macao, UAE and Thailand rose by 1.8%, 56.0% and 44.2% respectively. On the other hand, the value of domestic exports to Singapore decreased by 13.2% and that to Viet Nam fell by 10.1%.

Notes:
Sum of percentage shares shown in the chart may not add up to 100% due to rounding.