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How dependent is Taiwan on Hong Kong?

In 2024, Hong Kong sold $2.2 billion to Taiwan, 0.62% of its imports, ranking 26th among its suppliers. Its share was 0.68% in 2019 and 5.1% in 1995. In 4 products it sells more than 50% of what Taiwan buys of them (in 2, more than 75%); what Taiwan buys from Hong Kong in those products (dominated value) adds up to $710 million, 0.2% of its imports.

Summary

Some of these goods may have been produced in another country: countries record origin in different ways.

Share of its imports
0.6%
Value imported
$2.2billion
Rank among its suppliers
26th
Products where it sells over 50%
4
Products where it sells over 75%
2
Dominated value
$710million
Share of total imports
0.2%

Trend

Trend in shares

Hong Kong went from 5.1% to 0.62% of what Taiwan buys

Share (%)

  • Hong Kong 0.62%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19954,6235.1%4
19964,3205%4
19972,5252.3%9
19982,4112.4%9
19992,5052.3%10
20002,4851.8%13
20012,1142%13
20021,9451.8%13
20032,0571.6%13
20042,4121.4%15
20052,2871.3%17
20062,5461.3%16
20072,6611.2%16
20082,4061%18
20092,1661.3%16
20102,0390.8%25
20112,2740.79%25
20123,3971.2%19
20132,1850.76%25
20142,5070.94%22
20151,8310.82%23
20162,8081.2%15
20174,2001.6%12
20183,4101.2%18
20191,9160.68%24
20202,0400.73%25
20212,6480.71%23
20222,7030.65%25
20232,6260.81%21
20242,2430.62%26

Products where Hong Kong sells more than half

ProductSupplierShareSecondValue
JewelryHong Kong51.1%France · 16.8%$587 million
Edible offalHong Kong50.5%Australia · 14.5%$77 million
AntiquesHong Kong87.1%over 75%China · 8.7%$44 million
Ivory, bone, horn, coral and other carving materialsHong Kong92.3%over 75%China · 2.7%$2 million

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from Hong Kong

Taiwan is Hong Kong’s 17th-largest customer, with 1.6% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.