Hong Kong SAR, China: Export volume index (2015 = 100)

Key figures

What the numbers say

In 2024, Hong Kong SAR, China's export volume index (2015 = 100) rose 6.4 on 2023 (from 91.1 to 97.5).

Across the 18 yearly changes before that (2006 to 2023), the average change was +1.01 and a typical year strayed about 8.41 from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 16.6 in 2021 and the biggest yearly fall was 17.3 in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 7% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Hong Kong SAR, China had the 141st highest value of the 203 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Hong Kong SAR, China in the 2024 ranking

• Estonia — 138th of 203: 99.1
• Colombia — 139th of 203: 98.5
• Cyprus — 140th of 203: 97.6
• Spain — 142nd of 203: 97.3
• Finland — 143rd of 203: 97.1
• El Salvador — 144th of 203: 96.9

What this measures

Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights.

All 20 values

Export volume index (2015 = 100) in nearby economies

• American Samoa — 62 (2024)
• Australia — 104.3 (2024)
• Brunei Darussalam — 121.3 (2024)
• Cambodia — 268.5 (2024)
• China — 158.9 (2024)
• Fiji — 101.6 (2024)
• French Polynesia — 125.3 (2024)
• Guam — 111.3 (2024)
• Indonesia — 124.6 (2024)
• Japan — 112.6 (2024)
• Kiribati — 182.2 (2024)

More trade data for Hong Kong SAR, China

• Tariff rate, applied, simple mean, manufactured products (%) — 0% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 0% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 0% (2022)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 0% (2022)
• Tariff rate, applied, simple mean, all products (%) — 0% (2022)
• Tariff rate, most favored nation, simple mean, all products (%) — 0% (2022)
• Tariff rate, applied, weighted mean, all products (%) — 0% (2022)
• Tariff rate, most favored nation, weighted mean, all products (%)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Hong Kong SAR, China's export volume index (2015 = 100)?

97.5 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 33.56% from 73 in 2005 (1.53% a year on average, compounded). The highest value was 118.6 in 2021 and the lowest 73 in 2005.

How does Hong Kong SAR, China rank?

141st highest of 203 economies with data for 2024.

Is the latest change in export volume index (2015 = 100) unusual for Hong Kong SAR, China?

In 2024, Hong Kong SAR, China's export volume index (2015 = 100) rose 6.4 on 2023 (from 91.1 to 97.5). Across the 18 yearly changes before that (2006 to 2023), the average change was +1.01 and a typical year strayed about 8.41 from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.QTY.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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