Hong Kong SAR, China | Merchandise imports (current US$)

Merchandise imports show the c.i.f. value of goods received from the rest of the world valued in current U.S. dollars. Limitations and exceptions: The value of imports is generally recorded as the cost of the goods when purchased by the importer plus the cost of transport and insurance to the frontier of the importing country - the cost, insurance, and freight (c.i.f.) value, corresponding to the landed cost at the point of entry of foreign goods into the country. A few countries collect import data on a free on board (f.o.b.) basis and adjust them for freight and insurance costs. Countries may report trade according to the general or special system of trade. Under the general system imports include goods imported for domestic consumption and imports into bonded warehouses and free trade zones. Under the special system imports comprise goods imported for domestic consumption (including transformation and repair) and withdrawals for domestic consumption from bonded warehouses and free trade zones. Goods transported through a country en route to another are excluded. Data on imports of goods are derived from the same sources as data on exports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total imports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Hong Kong Special Administrative Region of the People's Republic of China
Records
63
Source
Hong Kong SAR, China | Merchandise imports (current US$)
1960 1026000000
1961 1045000000
1962 1165000000
1963 1297000000
1964 1496000000
1965 1569000000
1966 1767000000
1967 1818000000
1968 2058000000
1969 2458000000
1970 2905000000
1971 3391000000
1972 3856000000
1973 5655000000
1974 6778000000
1975 6766000000
1976 8838000000
1977 10446000000
1978 13394000000
1979 17127000000
1980 22994000000
1981 26136000000
1982 24867000000
1983 24409000000
1984 30444000000
1985 31195000000
1986 35942000000
1987 50691000000
1988 70325000000
1989 77662000000
1990 84725000000
1991 103883000000
1992 127340000000
1993 141308000000
1994 165878000000
1995 196072000000
1996 201284000000
1997 213297000000
1998 186759000000
1999 180711000000
2000 214042000000
2001 202008000000
2002 207969000000
2003 233249000000
2004 272893000000
2005 300160000000
2006 335754000000
2007 370132000000
2008 392962000000
2009 352241000000
2010 441369000000
2011 510855000000
2012 553486000000
2013 622277000000
2014 600765000000
2015 558770000000
2016 546520000000
2017 588913000000
2018 626616000000
2019 577834000000
2020 569769000000
2021 712358000000
2022 667554000000

Hong Kong SAR, China | Merchandise imports (current US$)

Merchandise imports show the c.i.f. value of goods received from the rest of the world valued in current U.S. dollars. Limitations and exceptions: The value of imports is generally recorded as the cost of the goods when purchased by the importer plus the cost of transport and insurance to the frontier of the importing country - the cost, insurance, and freight (c.i.f.) value, corresponding to the landed cost at the point of entry of foreign goods into the country. A few countries collect import data on a free on board (f.o.b.) basis and adjust them for freight and insurance costs. Countries may report trade according to the general or special system of trade. Under the general system imports include goods imported for domestic consumption and imports into bonded warehouses and free trade zones. Under the special system imports comprise goods imported for domestic consumption (including transformation and repair) and withdrawals for domestic consumption from bonded warehouses and free trade zones. Goods transported through a country en route to another are excluded. Data on imports of goods are derived from the same sources as data on exports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total imports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Hong Kong Special Administrative Region of the People's Republic of China
Records
63
Source