Summary
- Hong Kong → Russia
- $1.5billion
- Russia → Hong Kong
- $6.4billion
- Hong Kong’s balance
- -$4.9billion
Balance
Hong Kong’s trade balance with Russia
Trade between Hong Kong and Russia grew 10.2-fold since 1995
USD billions (current). Hong Kong’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 1.5
- Imports 6.4
- Balance -4.9
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $315 million | $461 million | -$146 million |
| 1996 | $99 million | $684 million | -$585 million |
| 1997 | $133 million | $479 million | -$346 million |
| 1998 | $182 million | $449 million | -$267 million |
| 1999 | $55 million | $321 million | -$266 million |
| 2000 | $71 million | $347 million | -$276 million |
| 2001 | $60 million | $299 million | -$239 million |
| 2002 | $77 million | $264 million | -$187 million |
| 2003 | $55 million | $476 million | -$421 million |
| 2004 | $152 million | $489 million | -$336 million |
| 2005 | $142 million | $477 million | -$335 million |
| 2006 | $206 million | $443 million | -$237 million |
| 2007 | $331 million | $419 million | -$88 million |
| 2008 | $304 million | $497 million | -$193 million |
| 2009 | $202 million | $828 million | -$626 million |
| 2010 | $334 million | $982 million | -$648 million |
| 2011 | $428 million | $1.1 billion | -$642 million |
| 2012 | $366 million | $1.4 billion | -$1.1 billion |
| 2013 | $306 million | $3 billion | -$2.7 billion |
| 2014 | $327 million | $1.4 billion | -$1.1 billion |
| 2015 | $286 million | $864 million | -$578 million |
| 2016 | $291 million | $757 million | -$466 million |
| 2017 | $388 million | $788 million | -$400 million |
| 2018 | $524 million | $1.1 billion | -$582 million |
| 2019 | $717 million | $1 billion | -$302 million |
| 2020 | $622 million | $1.4 billion | -$782 million |
| 2021 | $811 million | $1.6 billion | -$809 million |
| 2022 | $2.4 billion | $2 billion | $410 million |
| 2023 | $2.6 billion | $8.3 billion | -$5.6 billion |
| 2024 | $1.5 billion | $6.4 billion | -$4.9 billion |
What they sell each other
What Hong Kong sells to Russia
The top 10 headings in 2024, with their share of the total.
What Russia sells to Hong Kong
The top 10 headings in 2024, with their share of the total.
How it travels
Hong Kong and Russia traded $7.9 billion in 2024 (both directions together). They trade mostly by air: 94% of the value travels by plane.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Russia was Hong Kong’s 17th largest trading partner (1% of its trade), and Hong Kong was Russia’s 11th (1%).
- Russia in Hong Kong’s trade
- 1%
- Russia’s rank among Hong Kong’s partners
- 17th
- Hong Kong in Russia’s trade
- 1.4%
- Hong Kong’s rank among Russia’s partners
- 11th
Compare with
Other partners of Hong Kong
Other partners of Russia
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.
Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.