Summary
- Hong Kong → Vietnam
- $19.7billion
- Vietnam → Hong Kong
- $21billion
- Hong Kong’s balance
- -$1.3billion
Balance
Hong Kong’s trade balance with Vietnam
Trade between Hong Kong and Vietnam grew 50.6-fold since 1995
USD billions (current). Hong Kong’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 19.7
- Imports 21
- Balance -1.3
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $632 million | $172 million | $461 million |
| 1996 | $596 million | $193 million | $402 million |
| 1997 | $629 million | $262 million | $367 million |
| 1998 | $506 million | $231 million | $275 million |
| 1999 | $450 million | $197 million | $253 million |
| 2000 | $728 million | $344 million | $383 million |
| 2001 | $607 million | $346 million | $262 million |
| 2002 | $905 million | $359 million | $546 million |
| 2003 | $1 billion | $465 million | $551 million |
| 2004 | $1.1 billion | $563 million | $525 million |
| 2005 | $1.3 billion | $578 million | $758 million |
| 2006 | $1.6 billion | $679 million | $885 million |
| 2007 | $2.4 billion | $855 million | $1.5 billion |
| 2008 | $3.1 billion | $1.1 billion | $2 billion |
| 2009 | $2.2 billion | $1.3 billion | $891 million |
| 2010 | $2.6 billion | $2 billion | $587 million |
| 2011 | $3.5 billion | $2.6 billion | $892 million |
| 2012 | $3.2 billion | $4.4 billion | -$1.2 billion |
| 2013 | $3.2 billion | $4.9 billion | -$1.7 billion |
| 2014 | $4.7 billion | $5.4 billion | -$717 million |
| 2015 | $5.7 billion | $5.5 billion | $275 million |
| 2016 | $4.3 billion | $6.8 billion | -$2.5 billion |
| 2017 | $3.7 billion | $9 billion | -$5.3 billion |
| 2018 | $4.1 billion | $8.3 billion | -$4.2 billion |
| 2019 | $2.8 billion | $9.5 billion | -$6.7 billion |
| 2020 | $1.9 billion | $16.8 billion | -$14.9 billion |
| 2021 | $3.8 billion | $14.8 billion | -$10.9 billion |
| 2022 | $3 billion | $14.9 billion | -$11.9 billion |
| 2023 | $3.2 billion | $16.1 billion | -$12.9 billion |
| 2024 | $19.7 billion | $21 billion | -$1.3 billion |
What they sell each other
What Hong Kong sells to Vietnam
The top 10 headings in 2024, with their share of the total.
What Vietnam sells to Hong Kong
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Hong Kong and Phu My is 929 nautical miles (1,720 km) long: ≈ 2–3 days at sea (at 18 and 14 knots).
It does not cross any major canal or strait.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Vietnam was Hong Kong’s 4th largest trading partner (5% of its trade), and Hong Kong was Vietnam’s 5th (5%).
- Vietnam in Hong Kong’s trade
- 4.9%
- Vietnam’s rank among Hong Kong’s partners
- 4th
- Hong Kong in Vietnam’s trade
- 4.6%
- Hong Kong’s rank among Vietnam’s partners
- 5th
Compare with
Other partners of Hong Kong
Other partners of Vietnam
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.