Hong Kong SAR, China | Exports of goods and services (current US$)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Hong Kong Special Administrative Region of the People's Republic of China
Records
63
Source
Hong Kong SAR, China | Exports of goods and services (current US$)
1960
1149077545.5659 1961
1263224321.6155 1962
1414306395.9316 1963
1609005531.0145 1964
1675916230.3665 1965
1889960077.4045 1966
2170856894.3019 1967
2451069004.6178 1968
3029243796.7704 1969
3541855147.7966 1970
3999563824.2547 1971
4818647513.5591 1972
6859419022.6367 1973
8133821900.5828 1974
8380060897.6353 1975
11516881422.28 1976
13104032604.033 1977
15674897468.159 1978
20190630317.789 1979
25613519710.182 1980
28115340417.184 1981
27405152327.454 1982
28132870173.528 1983
34837426451.778 1984
37099123961.108 1985
43008160743.621 1986
57087679928.189 1987
71728414040.482 1988
81398943091.318 1989
90213678231.009 1990
106158058371.41 1991
127907419893.31 1992
144855533189.93 1993
162013385147.31 1994
182563661857.75 1995
194352293058.9 1996
204029716550.44 1997
187183688551.55 1998
186851434096.04 1999
216356805084.53 2000
207977175829.46 2001
219708197945.95 2002
243330657848.27 2003
283708654340.01 2004
322200039525.12 2005
358398925414.59 2006
394442958247.2 2007
424118380347.95 2008
381294159383.36 2009
469446853182.59 2010
528967240493.32 2011
566883265817.19 2012
610972021660.65 2013
621073310667.43 2014
606079014416.1 2015
600025250410.64 2016
644673433249.5 2017
681282515787.46 2018
645006704384.44 2019
608150234620.74 2020
752723974682.24 2021
697587039484.68 2022
Hong Kong SAR, China | Exports of goods and services (current US$)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Hong Kong Special Administrative Region of the People's Republic of China
Records
63
Source