Hong Kong

Hong Kong

Demography

Location: Eastern Asia, bordering the South China Sea and China
Population: 7,055,071 (2009)
Total surface area in sq.km: 1,104 sq km
Official language: English and Mandarin
Currency: Hong Kong Dollar

Economy

GDP (current USD): $ 215 billion
GDP per capita (PPP): $ 43,922
Inflation Rate (annual, 2009): -0.3%
Currency Exchange Rate (average, 2009): $ 0.13

Trade

Total Exports

$370 billion

Total Exports as % of GDP

172%

Total Imports

$393 billion

Total Imports as % of GDP

183%

Exports to South Asia (%) of Total Exports

2.2%

Imports from South Asia (%) of Total Imports

2.1%

Documents Required for Exports (number)

4

Documents Required for Imports (number)

4

Ease of Doing Business (Rank)

3

Top 5 Countries by Imports:

Country

Share in total imports

China

46%

Japan

10%

Taiwan (Taipei)

7%

Singapore

7%

USA

5%


Top 5 Commodities by Imports:

Commodity Type

Share in total imports

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound reacorders adn reproducers, and parts and accessories of articles.

40.62%

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.

12.38%

Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewellery; coin.

5.57%

Plastics and articles thereof.

4.00%

Toys, games and sports requisites; parts and accessories thereof.

3.28%


Infrastructure

Number of Airports: 2
Number of Ports: 1
Roads (kms): 2050 km
Rail (kms): -
Mobile user penetration (per 100 people): 166 (2008)
Landline user penetration (per 100): 59 (2008)
Internet user penetration (per 100): 67 (2008)

Relationship with India

Share of India in total imports: 1.7%

Top 5 imported commodities from India:

Commodity Type

Share in total imports

Engineering goods

7.7%

Leather & leather manufactures

3.6%

Textiles (excluding readymade garments)

2.0%

Marine products

1.1%

Chemicals & related products

0.8%

Trade Facilitation Bodies
India Hongkong Chamber of Commerce - www.icchk.org.hk
 

Sources: World Development Indicators, CIA world Factbook, UN Comtrade