Who Is Hong Kong Biggest Trading Partner?

by | Last updated on January 24, 2024

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Ranking Total Trade Imports Country/Territory Value (HK$ Million) 1 The Mainland of China 1,923,535 2 Taiwan 405,695 3 USA 314,144

Is Hong Kong the largest trading partner of mainland?

It has been Hong Kong’s largest trading partner since 1985 . ... The Mainland has been Hong Kong’s largest supplier in goods since 1982. The value of Hong Kong’s total imports from the Mainland was HK$1,923.5 billion (US$248.0 billion), accounting for 45.1% of Hong Kong’s total imports in 2020.

Who is Nigeria’s largest trading partner?

Nigeria’s main trade partners are Brazil, China, India, Japan, US and the European Union.

Who are Hong Kong’s partners?

In 2017, Hong Kong, China major trading partner countries for exports were China, United States, India, Japan and Thailand and for imports they were China, Other Asia, nes, Singapore, Japan and Korea, Rep..

What is Hong Kong’s biggest export?

Hong Kong has an export oriented economy with 99 percent of shipments coming from re-exports. Major exports are electrical machinery, apparatus and appliances which accounts for 36 percent of total shipments.

What does HK export?

The products exported to Hong Kong are electronics, electrical appliances, gold, jewelry, machine parts, textiles, fabrics, toys, watches, and clocks . Hong Kong has an export-oriented economy that is heavily based on shipments coming from re-exports.

What does Hong Kong import from China?

Imports The top imports of Hong Kong are Integrated Circuits ($146B) , Broadcasting Equipment ($44.8B), Office Machine Parts ($29.7B), Telephones ($20.7B), and Diamonds ($18.6B), importing mostly from China ($268B), Chinese Taipei ($41B), Singapore ($39.1B), South Korea ($31.6B), and United States ($28.6B).

What do Nigerians import the most?

  • Machinery including computers: US$9.9 billion (18.6% of total imports)
  • Mineral fuels including oil: $8.2 billion (15.4%)
  • Vehicles: $5.3 billion (10.1%)
  • Electrical machinery, equipment: $3.7 billion (7%)
  • Pharmaceuticals: $2.8 billion (5.3%)
  • Plastics, plastic articles: $2.4 billion (4.5%)

Who is our largest trading partner?

Rank Country Exports — Total, All Countries 984.4 — Total, Top 15 Countries 697.2 1 Mexico 157.2 2 Canada 174.6

What country does Nigeria export the most to?

The most common destination for the exports of Nigeria are India ($10.5B), Spain ($6.32B), United States ($4.68B), France ($4.37B), and Ghana ($4.04B).

What crops are grown in Hong Kong?

Vegetable crops grown all year round include Chinese white cabbage, flowering Chinese cabbage, lettuce, Chinese kale, radish, leaf mustard, spring onion and chive . Spinach, watercress and Chinese wolfberry are produced in the cooler months.

How much of Hong Kong’s food is imported?

A1 : 90% of the total food supply in Hong Kong is imported food. The Mainland is our most important food source, especially for fresh food. 94% of fresh pork, 100% of fresh beef, 92% of vegetables and 66% of eggs in Hong Kong come from the Mainland.

Does Hong Kong have a flag?

The flag of Hong Kong, officially the regional flag of the Hong Kong Special Administrative Region of the People’s Republic of China, depicts a white stylised five-petal Hong Kong orchid tree (Bauhinia blakeana) flower in the centre of a Chinese red field.

Why Hong Kong is so expensive?

Hong Kong has the most expensive housing market in the world. Rent is so high, many can only afford to live in subdivided apartments known as “coffin homes.” But the problem isn’t land scarcity. Hong Kong has the most expensive housing market in the world.

Is Hong Kong a rich country?

Rank Country GDP-PPP ($) 9 Hong Kong SAR 59,520 10 Denmark 58,932 11 United Arab Emirates 58,753 12 San Marino 58,427

Is Hong Kong safe?

OVERALL RISK : LOW . Hong Kong is quite safe with some petty crimes like thefts, vandalism, and burglaries. Serious crime acts are rare in Hong Kong, especially against tourists. Because there is no place in the world with 100 safety rates, it is always recommended to be watchful to avoid becoming a victim.

David Evans
Author
David Evans
David is a seasoned automotive enthusiast. He is a graduate of Mechanical Engineering and has a passion for all things related to cars and vehicles. With his extensive knowledge of cars and other vehicles, David is an authority in the industry.