香港與泰國貿易關係 Hong Kong – Thailand Trade Relations

香港與泰國貿易關係
Hong Kong – Thailand Trade Relations

Hong Kong's Economy in 2013
The Hong Kong economy is externally oriented and highly dependent on trade with the rest of the world. In 2013, the value of Hong Kong's total merchandise trade reached HK$7,620 billion (US$982 billion), an increase of 3.7% from 2012 and equivalent to around 359% of Hong Kong's Gross Domestic Product (GDP). The value of imports amounted to HK$4,061 billion (US$524 billion) or around 191% of GDP. The value of exports was HK$3,560 billion (US$459 billion) or around 168% of GDP. Hong Kong was the world's 8th largest trading entity in goods in 2013 - 7th largest importer and 9th largest exporter.

The services sector continues to be very important to the Hong Kong economy. It contributed to 93% of the GDP in 2012 and accounted for 88% of the total employment in 2013. Hong Kong's trade in services grew steadily in the past decade. In 2013, total trade in services amounted to HK$1,530 billion (US$197 billion), an increase of 4.9% from the previous year and equivalent to about 72% of Hong Kong's GDP. In 2013, Hong Kong ranked 15th in the world league of commercial services trading entities - 21st largest importer and 10th largest exporter.

Trade Relations with Thailand
- In 2013, Thailand was Hong Kong's 9th largest trading partner, 11th largest market for domestic exports, 12th largest market for re-exports, and 9th largest source of imports.
- From 2009 to 2013, the average annual growth rate in bilateral trade between Hong Kong and Thailand was 10%. In 2013, such bilateral trade increased by 5% to HK$121 billion from HK$115 billion in 2012 (vis-à-vis an increase of 4% for Hong Kong's total trade in 2013 against 2012).
- Hong Kong is also an important entrepôt for trade between the Mainland of China and Thailand. From 2009 to 2013, the average annual growth rate for re-export trade between the Mainland of China and Thailand through Hong Kong was 5%. In 2013, such re-export trade decreased by 11% to HK$72 billion from HK$81 billion in 2012 (vis-à-vis an increase of 4% for Hong Kong's total re-exports in 2013 against 2012).
- In 2013, Hong Kong's domestic export of goods to Thailand totalled about HK$1 billion and the top three domestic export products were:
 Non-ferrous metals
 Metalliferous ores and metal scrap
 Jewellery, goldsmith's and silversmith's wares, and other articles of precious or semi-precious materials.

- In 2013, Hong Kong's re-export of goods to Thailand totalled about HK$42 billion and the top three re-export products were:
 Electrical machinery, apparatus and appliances, and electrical parts thereof
 Office machines and automatic data processing machines
 Telecommunications and sound recording and reproducing apparatus and equipment
- In 2013, Hong Kong's import of goods from Thailand totalled about HK$78 billion and the top three import products were:
 Office machines and automatic data processing machines
 Electrical machinery, apparatus and appliances, and electrical parts thereof
 Telecommunications and sound recording and reproducing apparatus and equipment

Bilateral Investment
- At the end of 2012, Thailand ranked outside the first 20 major sources of inward direct investment into Hong Kong.
- At the end of 2012, Thailand was the 11th major destination of outward direct investment (ODI) from Hong Kong, with an ODI stock of HK$56 billion.
- As at 1 June 2013, 9 regional offices and 23 local offices were set up by Thai companies in Hong Kong.
- Hong Kong and Thailand signed the Investment Promotion and Protection Agreement (IPPA) on 19 November 2005. The Agreement came into force on 12 April 2006. The Agreement further strengthens the excellent trade and economic relations between Thailand and Hong Kong.

Hong Kong's Principal Trading Partners in 2013

HK$ Million

HK$ Million

Note : Figures may not add up to totals due to rounding.

Source : Hong Kong Trade Statistics
Hong Kong Trade and Industry Department
Royal Thai Consulate General in Hong Kong