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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city
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HONG KONG - TAIWAN TRADE RELATIONS

TAIWAN AND HONG KONG ARE IMPORTANT TRADING PARTNERS

  • In 2022, Taiwan was Hong Kong's 2nd largest trading partner. Hong Kong was Taiwan's 4th largest trading partner in 2022.
  • Total merchandise trade between Hong Kong and Taiwan amounted to HK$741.6 billion in 2022, increased by 7.3% from 2021. The average annual growth rate from 2018 to 2022 was 15.0%.
  • In 2022, Hong Kong's domestic export of goods to Taiwan amounted to HK$6.6 billion. Major domestic exports to Taiwan included jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semi-precious materials; non-ferrous metals; and metalliferous ores and metal scrap.
  • Hong Kong's re-export of goods to Taiwan totalled HK$147.6 billion. Major re-exports were electrical machinery, apparatus and appliances, and electrical parts thereof; office machines and automatic data processing machines; and telecommunications and sound recording and reproducing apparatus and equipment.
  • In 2022, Hong Kong imported HK$587.4 billion worth of goods from Taiwan. Major imports included electrical machinery, apparatus and appliances, and electrical parts thereof; office machines and automatic data processing machines; and telecommunications and sound recording and reproducing apparatus and equipment.

HONG KONG IS AN IMPORTANT ENTREPOT FOR MAINLAND-TAIWAN TRADE

  • Hong Kong is an important entrepôt for merchandise trade between Taiwan and the Mainland of China. Re-export trade between the two economies through Hong Kong amounted to HK$614.5 billion in 2022.

HONG KONG IS AN IMPORTANT LOCATION FOR TAIWAN INTERESTS

  • Hong Kong is a separate customs territory recognised by the World Trade Organization as a member.
  • Hong Kong welcomes overseas investment and offers an environment in which there is a free flow of capital and return on investment without exchange controls.
  • In survey covering 8 978 companies in Hong Kong with parent companies located outside Hong Kong, as of June 2022, there were 24 regional headquarters, 95 regional offices and 227 local offices with parent companies located in Taiwan.
  • Taiwan was the 11th largest source of external investment in Hong Kong at end-2021. Taiwan's inward direct investment in Hong Kong amounted to HK$162.5 billion, accounting for 1.1% of the total.
  Summary of Hong Kong's Merchandise Trade with Taiwan  (in HK$ million)
2021 % Change 2021/2020 2022 % Change 2022/2021
Domestic Exports 8,283 +193.5 6,550 -20.9
Re-exports 135,533 +41.6 147,617 +8.9
Total Exports 143,816 +46.0 154,167 +7.2
Imports 547,531 +35.0 587,422 +7.3
Total Trade 691,346 +37.1 741,589 +7.3

While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.

Trade and Industry Department
The Government of the Hong Kong
Special Administrative Region

Telephone : (852) 2398 5594
Website : www.tid.gov.hk

February 2023