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Where does Hong Kong get its medicines? Import sources 2024

In 2024, Hong Kong imported $2.7 billion of medicines (73 thousand tonnes), 0.6% of the world total. Its main sources were China (11%), Belgium (11%) and Germany (8%). Hong Kong was the world’s 31st-largest importer of medicines.

Summary

Value
$2.7billion
Tonnes
73thousand tonnes
Share of world total
0.6%
World rank
31st
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
China290Tonnes: 16,648USD per tonne: $17,42410.7%Land
Belgium re-exports290Tonnes: 3,076USD per tonne: $94,19710.7%Air
Germany212Tonnes: 3,479USD per tonne: $60,9237.8%Air
Japan200Tonnes: 6,836USD per tonne: $29,2247.4%Sea
Singapore re-exports199Tonnes: 4,893USD per tonne: $40,6737.3%Sea
United States187Tonnes: 2,882USD per tonne: $64,7556.9%Air
Switzerland179Tonnes: 550USD per tonne: $326,2366.6%Air
Ireland174Tonnes: 427USD per tonne: $407,7306.4%Air
France105Tonnes: 1,246USD per tonne: $84,6683.9%Air
Netherlands re-exports94.1Tonnes: 1,234USD per tonne: $76,2603.5%Air
Italy77.8Tonnes: 1,222USD per tonne: $63,6652.9%Sea
Sweden70.9Tonnes: 191USD per tonne: $371,9892.6%Air
United Kingdom67.5Tonnes: 1,102USD per tonne: $61,3072.5%Sea
South Korea64.9Tonnes: 934USD per tonne: $69,4822.4%Air
Spain57.7Tonnes: 884USD per tonne: $65,2202.1%Air
Thailand57.3Tonnes: 9,486USD per tonne: $6,0452.1%Sea
Taiwan53.3Tonnes: 1,358USD per tonne: $39,2852%Sea
Malaysia50.6Tonnes: 8,152USD per tonne: $6,2031.9%Sea
Denmark39.3Tonnes: 409USD per tonne: $95,9581.5%Air
India38.8Tonnes: 1,732USD per tonne: $22,4081.4%Sea

Trend

Who it buys from

China has been its main source since 2022

Value in USD millions. The five largest sources in 2024.

  • China 290
  • Belgium 290
  • Germany 212
  • Japan 200
  • Singapore 199

Source: CEPII BACI

Show the numbers
Partner19952024
China53.3290
Belgium35.5290
Germany53.1212
Japan52.6200
Singapore31.6199

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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