Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Hong Kong

Merchandise trade (% of GDP) in Hong Kong in 2025 — 371.02%. Ranked 1 in the world out of 189. Since 1960, the indicator has risen by 241.18 pp.

2025 371.02% +40.52 pp vs 2024
World rank 1of 189
Period maximum 419.96%2013
Period minimum 111.37%1965

Trend over time

1960–2025 · % of GDP

Merchandise trade (% of GDP) — Hong Kong, 1960–2025020040060019601967197419811988199520022009201620231960: 129.85%1962: 119.89%1964: 113.67%1966: 124.14%1968: 139.94%1970: 142.6%1972: 127.7%1974: 135.76%1976: 134.53%1978: 135.66%1980: 150.08%1982: 143.1%1984: 175.41%1986: 175.34%1988: 224.12%1990: 217.23%1992: 236.81%1994: 233.66%1996: 239.3%1998: 214.12%2000: 242.75%2002: 246.41%2004: 318.41%2006: 340.21%2008: 348.05%2010: 368.29%2012: 398.43%2014: 385.95%2016: 331.35%2018: 330.38%2020: 324.27%2022: 356.17%2024: 330.5%2025: 371.02%
Change over the period: +241.18 pp Annual average: 3.71 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Hong Kong

Hong Kong 371.02%
World 43.89%
Eastern Asia computed 41.12%
High-income countries computed 44.15%
Merchandise trade (% of GDP) — Hong Kong, by year Hong Kong All countries CSV XLSX
Year % Change, pp
2025 371.02 +40.52 pp
2024 330.5 +8.11 pp
2023 322.4 −33.77 pp
2022 356.17 −18.48 pp
2021 374.64 +50.37 pp
2020 324.27 +17.8 pp
2019 306.47 −23.9 pp
2018 330.38 −3.31 pp
2017 333.69 +2.34 pp
2016 331.35 −14.26 pp
2015 345.61 −40.35 pp
2014 385.95 −34.01 pp
2013 419.96 +21.53 pp
2012 398.43 +9.55 pp
2011 388.88 +20.59 pp
2010 368.29 +49.83 pp
2009 318.46 −29.59 pp
2008 348.05 +8.01 pp
2007 340.04 −0.17 pp
2006 340.21 +14.01 pp
2005 326.2 +7.79 pp
2004 318.41 +32.17 pp
2003 286.24 +39.84 pp
2002 246.41 +14.38 pp
2001 232.03 −10.72 pp
2000 242.75 +28.53 pp
1999 214.22 +0.1 pp
1998 214.12 −12.26 pp
1997 226.38 −12.92 pp
1996 239.3 −16.45 pp
1995 255.75 +22.08 pp
1994 233.66 +3.76 pp
1993 229.9 −6.91 pp
1992 236.81 +9.13 pp
1991 227.68 +10.44 pp
1990 217.23 −2.27 pp
1989 219.51 −4.62 pp
1988 224.12 +27.76 pp
1987 196.36 +21.02 pp
1986 175.34 +3.71 pp
1985 171.63 −3.77 pp
1984 175.41 +18.71 pp
1983 156.69 +13.59 pp
1982 143.1 −11.17 pp
1981 154.28 +4.19 pp
1980 150.08 +6.84 pp
1979 143.24 +7.58 pp
1978 135.66 +8.04 pp
1977 127.63 −6.9 pp
1976 134.53 +7.22 pp
1975 127.31 −8.45 pp
1974 135.76 +2.19 pp
1973 133.57 +5.87 pp
1972 127.7 −12.29 pp
1971 139.99 −2.61 pp
1970 142.6 −2.71 pp
1969 145.31 +5.37 pp
1968 139.94 +15.7 pp
1967 124.24 +0.09 pp
1966 124.14 +12.77 pp
1965 111.37 −2.29 pp
1964 113.67 +1.54 pp
1963 112.13 −7.76 pp
1962 119.89 −5.36 pp
1961 125.25 −4.6 pp
1960 129.85

Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.