Hong Kong SAR, China's net trade in goods (current US$, BoP) was −US$9.39 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 58.95% from −US$22.87 billion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$9.39 billion | 2025 |
| Five years earlier | −US$5.31 billion | 2020 |
| Ten years earlier | −US$22.87 billion | 2015 |
| Highest | US$31.07 billion | 2005 |
| Lowest | −US$32.36 billion | 2014 |
| Average since 2016 | −US$12.19 billion | 2016–2025 |
| First recorded | US$16.52 billion |
What the numbers say
In 2025, Hong Kong SAR, China's net trade in goods (current US$, BoP) fell US$7.55 billion on 2024 (from −US$1.84 billion to −US$9.39 billion).
Across the 26 yearly changes before that (1999 to 2024), the average change was −US$705.95 million and a typical year strayed about US$8.44 billion from that (the standard deviation). This year's change was 0.8 standard deviations below 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 US$16.91 billion in 2019 and the biggest yearly fall was US$11.74 billion in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$2.02 billion a year. A straight line explains 33% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Hong Kong SAR, China had the 106th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Hong Kong SAR, China in the 2025 ranking
What this measures
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 28 values
| Year | Net trade in goods (current US$, BoP) |
|---|---|
| 2025 | -9,387,070,163 |
| 2024 | -1,838,957,023 |
| 2023 | -16,117,745,731 |
| 2022 | -5,143,917,471 |
| 2021 | 3,159,976,994 |
| 2020 | -5,314,818,877 |
| 2019 | -15,361,570,826 |
| 2018 | -32,271,922,448 |
| 2017 | -22,927,264,441 |
| 2016 | -16,704,486,413 |
Net trade in goods (current US$, BoP) in nearby economies
- Australia — US$29.07 billion (2025)
- Brunei Darussalam — US$4.01 billion (2025)
- Cambodia — −US$5.57 billion (2025)
- China — US$1.06 trillion (2025)
- Fiji — −US$1.73 billion (2024)
- French Polynesia — −US$1.31 billion (2016)
- Indonesia — US$49.85 billion (2025)
- Japan — −US$3.74 billion (2025)
- Kiribati — −US$253.24 million (2025)
- Korea, Rep. — US$138.07 billion (2025)
- Lao PDR
More economic policy & debt data for Hong Kong SAR, China
- General government final consumption expenditure (current US$) — US$53.72 billion (2025)
- General government final consumption expenditure (current LCU) — 418.83 billion (2025)
- General government final consumption expenditure (% of GDP) — 12.57% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$282.93 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 2.21 trillion (2025)
- Households and NPISHs final consumption expenditure (% of GDP) — 66.21% (2025)
- Final consumption expenditure (current US$) — US$336.64 billion (2025)
- Final consumption expenditure (current LCU)
Reading data like this
Questions people ask
- What is Hong Kong SAR, China's net trade in goods (current US$, BoP)?
- −US$9.39 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1998?
- It is down 156.84% from US$16.52 billion in 1998. The highest value was US$31.07 billion in 2005 and the lowest −US$32.36 billion in 2014.
- How does Hong Kong SAR, China rank?
- 106th highest of 136 economies with data for 2025.
- Is the latest change in net trade in goods (current US$, BoP) unusual for Hong Kong SAR, China?
- In 2025, Hong Kong SAR, China's net trade in goods (current US$, BoP) fell US$7.55 billion on 2024 (from −US$1.84 billion to −US$9.39 billion). Across the 26 yearly changes before that (1999 to 2024), the average change was −US$705.95 million and a typical year strayed about US$8.44 billion from that (the standard deviation). This year's change was 0.8 standard deviations below 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 BN.GSR.MRCH.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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