External Trade: Volume of Imports of Goods and Services for China, P.R.: Hong Kong
HKGTMRPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.71
Year-over-Year Change
326.72%
Date Range
1/1/2016 - 1/1/2024
Summary
This economic indicator measures the volume of imports of goods and services for China's Hong Kong Special Administrative Region. It is a key metric for analyzing Hong Kong's trade dynamics and economic integration with mainland China.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The External Trade: Volume of Imports of Goods and Services for China, P.R.: Hong Kong series tracks the total volume of imported goods and services to Hong Kong, a major global trading hub. This metric is used by economists and policymakers to assess Hong Kong's trade flows, economic openness, and supply chain linkages.
Methodology
The data is compiled by Hong Kong's Census and Statistics Department based on surveys of import activity.
Historical Context
Trends in Hong Kong's import volumes offer insights into its role as a gateway for trade with China and the broader Asia-Pacific region.
Key Facts
- Hong Kong is the world's 7th largest importer of goods and services.
- Imports account for over 180% of Hong Kong's GDP.
- China is Hong Kong's largest import source, supplying over 50% of its imports.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total volume of imported goods and services to Hong Kong, a major global trading hub and gateway to China.
Q: Why is this trend relevant for users or analysts?
A: Trends in Hong Kong's import volumes offer valuable insights into its role as a key trading center and economic integration with mainland China.
Q: How is this data collected or calculated?
A: The data is compiled by Hong Kong's Census and Statistics Department based on surveys of import activity.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess Hong Kong's trade flows, economic openness, and supply chain linkages with the broader Asia-Pacific region.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 2-month lag.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for China, P.R.: Hong Kong
HKGFCSODCGGDPPT
Boone Indicator in Banking Market for Hong Kong SAR, China
DDOI05HKA156NWDB
Net Issues of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Hong Kong SAR
IDSAMRINIHK
Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for Hong Kong SAR
CRDQHKANUBIS
Private Credit by Deposit Money Banks to GDP for Hong Kong SAR, China
DDDI01HKA156NWDB
Amount Outstanding of Total Debt Securities in Financial Corporations Sector, All Maturities, Residence of Issuer in Hong Kong SAR
TDSAMRIAOFCHK
Citation
U.S. Federal Reserve, External Trade: Volume of Imports of Goods and Services for China, P.R.: Hong Kong (HKGTMRPCPPPT), retrieved from FRED.