External Trade: Volume of Exports of Goods and Services for China, P.R.: Hong Kong
HKGTXRPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.49
Year-over-Year Change
413.31%
Date Range
1/1/2016 - 1/1/2024
Summary
This economic trend measures the volume of exports of goods and services for China, P.R.: Hong Kong. It is a key indicator of Hong Kong's international trade and economic activity.
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 Exports of Goods and Services for China, P.R.: Hong Kong trend tracks the quantity of goods and services exported from Hong Kong to international markets. It provides insight into the health and competitiveness of Hong Kong's export-oriented economy.
Methodology
The data is collected by the Hong Kong Census and Statistics Department.
Historical Context
This trend is closely watched by policymakers, economists, and businesses to assess Hong Kong's trade performance and global economic integration.
Key Facts
- Hong Kong is one of the world's largest re-export centers.
- Exports account for over 180% of Hong Kong's GDP.
- China is Hong Kong's largest trading partner.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume or quantity of goods and services exported from Hong Kong to international markets.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and competitiveness of Hong Kong's export-oriented economy, which is a key driver of its overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the Hong Kong Census and Statistics Department.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses closely monitor this trend to assess Hong Kong's trade performance and global economic integration.
Q: Are there update delays or limitations?
A: The data is published regularly by the Hong Kong Census and Statistics Department with minimal delays.
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Citation
U.S. Federal Reserve, External Trade: Volume of Exports of Goods and Services for China, P.R.: Hong Kong (HKGTXRPCPPPT), retrieved from FRED.