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Hong Kong SAR

Hong Kong

The EU and Hong Kong enjoy a stable trade relationship. Bilateral trade and economic relations are mature and characterized by a very limited incidence of trade irritants.

Trade picture

  • The EU is Hong Kong's second major trade partner after China.
  • EU imports from Hong Kong are dominated by machinery and transport equipment and telecommunication equipment. EU exports to Hong Kong are dominated by machinery and transport equipment, telecommunication equipment, chemicals and other semi-finished products.
  • In commercial services EU-Hong Kong trade has showed a stable development over the past years. The main areas of EU-Hong Kong trade in services are air transport and transportation, business and financial services.
  • Regarding foreign direct investment data indicate that over the past years the EU has been a major source of foreign direct investment in Hong Kong.
  • The EU is the largest source of foreign companies in Hong Kong with 423 regional headquarters, 654 regional offices and 590 local offices (2010). The EU's business presence covers a large variety of sectors, mainly financial and business services, trading, logistics, construction, and retail. Among others, EU companies are key players in the banking, insurance and securities sectors in Hong Kong.

EU-Hong Kong "trade in goods" statistics

Trade in goods 2012-2014, € billions
Year EU imports EU exports Balance
2012 10.6 33.7 23.1
2013 10.2 35.7 25.5
2014 10.7 34.7 24.0

EU-Hong Kong "trade in services" statistics

Trade in services 2011-2013, € billions
Year EU imports EU exports Balance
2011 8.1 10.9 2.8
2012 9.1 9.8 0.7
2013 9.8 9.8 0.1

Foreign direct investment

Foreign direct investment 2013, € billions
Year Inward stocks Outward stocks Balance
2013 46.2 88.5 42.3

More statistics on Hong Kong

EU and Hong Kong

Bilateral trade relations between the EU and Hong Kong are regularly discussed in annual Structured Dialogue meetings that have been held every year since 2007 involving the European Commission and Hong Kong’s government authorities.

The yearly Structured Dialogue meetings between the European Commission and Hong Kong's government authorities allow the EU to exchange information with the Hong Kong authorities on a variety of key issues affecting bilateral trade.

Trading with Hong Kong