As of 2023, the UAE ranks 8th among Hong Kong’s domestic exports markets. The top 3 commodities are Jewellery, goldsmiths’ and silversmiths’ wares, and other articles of precious or semi-precious materials (35.8%), non-ferrous metals (35%), and metalliferous ores and metal scrap (18.2%).
The UAE ranks 6th among Hong Kong’s re-exports markets. The top 3 commodities are telecommunications and sound recording and reproducing apparatus and equipment (65.7%), non-metallic mineral manufactures (16.2%), and office machines and automatic data processing machines (4.9%).
The UAE ranks 17th among Hong Kong’s sources of imports. The top 3 commodities are non-metallic mineral manufactures (42.1%), jewellery, goldsmiths’ and silversmiths’ wares, other articles of precious or semi-precious materials (26.7%), telecommunications and sound recording and reproducing apparatus and equipment (7.2%).
There is an increase in 2023 compared to 2022 in all exports, imports and total trade between the UAE and Hong Kong. In domestic exports, the percentage change is +56%. In Re-exports, the change is +8.4%. In total exports, it is +8.9%. In imports, it is +17.3%, and in the total trade it is +11%.
Hong Kong places the UAE in the first position in the Middle East and North Africa in terms of lowest risk country on all indexes: business operation, labour market, trade and investment, logistics, crime and security.
