Contact Us     Site Map     FAQ     Useful Links     Disclaimer    Text Only      With Images      A  A  A
Scenic View of Hong Kong
GovHK Website for Residents
              Print this page   Find us on Facebook   Our YouTube Channel  
Hong Kong-Australia Trade Relations
  Advantages of Doing Business in Hong Kong  
  Starting a Business in Hong Kong  
  Doing Business with China - CEPA  
  Hong Kong-Australia Trade Relations  
  Hong Kong-New Zealand Trade Relations  
  1. Trade in Goods
    1. Points to Note
      1. The average annual growth rate in bilateral trade between Hong Kong and Australia was 1% from 2009 to 2013. The bilateral trade decreased by 4% in 2013.
      2. In 2013, Australia was Hong Kong's 19th largest trading partner, our 8th largest market for domestic exports, 16th largest market for re-exports, and 23rd largest source of imports.
      3. Reciprocally, Hong Kong was Australia's 22nd largest trading partner, 15th largest export market and 31st largest source of imports in 2012.
      4. In 2012, Hong Kong was the world's 9th largest trading entity in merchandise trade while Australia ranked 21st.
      5. In 2012, HK$33.5 billion (US$4.3 billion) worth of trade between Australia and the Mainland of China was routed through Hong Kong, representing 3.5% of the total trade between Australia and the Mainland.


    2. Summary of Hong Kong's Trade with Australia
      (Values in million)
        2012 % Change over 2011 2013 % Change over
      2012
      (a) Domestic Exports HK$795
      (US$102)
      +0.3 HK$1,315
      (US$170)
      +65
      (b) Re-exports HK$38,512 (US$4,965) -6 HK$35,848
      (US$4,622)
      -7
      - of Mainland origin HK$29,729
      (US$3,833)
      77%*
      +2 HK$28,670 (US$3,697)
      80%*
      -4
      (c) Total Exports
              [(a)+(b)]
      HK$39,306
      (US$5,068)
      -5 HK$37,164
      (US$4,792)
      -5
      (d) Imports HK$17,785
      (US$2,293)
      -8 HK$17,476
      (US$2,253)
      -2
      (e) Total Trade
              [(c)+(d)]
      HK$57,091 (US$7,361) -6 HK$54,639 (US$7,045) -4
      (f) Balance of Trade
              [(c)-(d)]
      HK$21,522
      (US$2,775)
        HK$19,688
      (US$2,538)
       
      * Figure denotes share of Mainland-origin re-exports in Total Re-exports.


    3. Major Categories of Commodities Traded between Hong Kong and Australia
        Domestic Exports
      1. In 2013, Hong Kong's major domestic export items to Australia were photographic apparatus, equipment and supplies and optical goods, watches and clocks (49%); jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semi-precious materials (14%); and miscellaneous edible products and preparations (9%).
        Re-exports
      2. In 2013, Hong Kong's major re-export items to Australia were telecommunications and sound recording and reproducing apparatus and equipment (27%); articles of apparel and clothing accessories (14%); and office machines and automatic data processing machines (9%).
        Imports
      3. In 2013, Hong Kong's major import items from Australia were telecommunications and sound recording and reproducing apparatus and equipment (14%); non-ferrous metals (12%); and meat and meat preparations (10%).


  2. Trade in Services
    1. Points to Note
      1. The average annual growth rate in bilateral trade in services between Hong Kong and Australia was 7% from 2007 to 2011. The bilateral trade in services increased by 10% in 2011.
      2. In 2011, Australia was our 7th largest trading partner, 8th largest export market (3% of total exports of services), and 6th largest source of imports (4% of total imports of services).
      3. Reciprocally, Hong Kong was Australia's 7th largest trading partner, 9th largest export market and 8th largest source of imports in 2012.
      4. In 2012, Hong Kong was the world's 16th largest commercial services trading entity while Australia ranked 22nd.


    2. Summary of Hong Kong's Trade in services with Australia
      (Values in million)
        2010 % Change over 2009 2011 % Change over
      2010
      (a) Exports HK$18,793
      (US$2,419)
      +20 HK$21,009
      (US$2,699)
      +12
      (b) Imports HK$20,055
      (US$2,581)
      +20 HK$21,612
      (US$2,776)
      +8
      (c) Total Trade
              [(a)+(b)]
      HK$38,848 (US$5,000) +20 HK$42,621 (US$5,475) +10
      (d) Net Export of Services
              [(a)-(b)]
      -HK$1,262
      (-US$162)
        -HK$603
      (-US$77)
       


    3. Export of Services
      1. From 2007 to 2011, the average annual growth rate of exports of services to Australia was 8%.  In 2011, the top three components of services exports were transport services, travel services and other business services. 


    4. Import of Services
      1. From 2007 to 2011, the average annual growth rate of imports of services from Australia was 6%.  In 2011, the top three components of services imports were travel services, transport services and other business services.


  3. Bilateral Investment
    1. At the end of 2012, Australia was the 19th major source of inward direct investment (IDI) into Hong Kong, with an IDI stock of HK$27.4 billion (US$3.5 billion). The IDI flow from Australia was HK$5.4 billion (US$0.7 billion) in 2012.
    2. At the end of 2012, Australia was the 6th major destination of outward direct investment (ODI) from Hong Kong, with an ODI stock of HK$112.1 billion (US$14.5 billion). The ODI flow to Australia was HK$12.2 billion (US$1.6 billion) in 2012.
    3. As at 1 June 2013, 32 regional headquarters, 43 regional offices and 78 local offices were set up by Australian companies in Hong Kong.
    4. Hong Kong and Australia signed the Investment Promotion and Protection Agreement (IPPA) on 15 September 1993. The Agreement came into force on 15 October 1993.


  4. Hong Kong-Australia Memorandum of Understanding on Co-operation in Wine-related Businesses
    1. The Memorandum of Understanding on Co-operation in Wine-Related Businesses between Hong Kong and Australia was signed on 16 April 2009.




February 2014