Overview
The Association of Southeast Asian Nations (ASEAN)1 was Hong Kong's 2nd2 largest trading partner in merchandise trade in 2024 and the 4th largest in services trade in 2022. Total merchandise trade between Hong Kong and ASEAN amounted to HK$1,289.6 billion in 2024 and total services trade between the two sides was HK$111.4 billion in 2022.
As at end 2023, ASEAN ranked 3rd among Hong Kong's destinations of outward direct investment, with a stock of HK$616.4 billion. It ranked 6th among Hong Kong's sources of inward direct investment, with a stock of HK$452.8 billion.
