Applied tariffs
Simple average MFN applied
2024
0.0 %
Trade-weighted MFN average
2024
0.0 %
Share of MFN duty-free
2024
100.0 %
Bound tariffs
Simple average bound
0.0 %
Binding coverage
49.6 %
Share of bound duty-free
97.8 %
Imports
Total imports: 702,399.2 million USD in 2024
Imports by partner
China
36.2 %
254,252.6
million USD
Chinese Taipei
13.7 %
96,158.6
million USD
Korea, Republic of
7.8 %
55,102.5
million USD
Japan
5.7 %
39,873.2
million USD
European Union
4.6 %
32,645.7
million USD
Viet Nam
4.2 %
29,626.8
million USD
United States of America
3.6 %
25,464.2
million USD
Malaysia
3.2 %
22,616.0
million USD
United Arab Emirates
2.6 %
17,918.0
million USD
Switzerland
2.5 %
17,309.9
million USD
Rest of the World
15.9 %
111,431.7
million USD
Imports by products HS 2022
854231
Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
13.4 %
93,929.0
million USD
854239
Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
11.8 %
83,045.9
million USD
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
10.0 %
70,388.0
million USD
854232
Electronic integrated circuits as memories
5.7 %
40,141.2
million USD
851713
Smartphones for wireless networks
4.9 %
34,173.2
million USD
847330
Parts and accessories of automatic data-processing machines or for other machines of heading 8471, n.e.s.
3.0 %
21,268.7
million USD
711319
Articles of jewellery and parts thereof, of precious metal other than silver, whether or not plated or clad with precious metal (excl. articles > 100 years old)
2.4 %
16,758.3
million USD
851762
Machines for the reception, conversion and transmission or regeneration of voice, images or other data, incl. switching and routing apparatus (excl. telephone sets, telephones for cellular networks or for other wireless networks)
2.4 %
16,655.4
million USD
847180
Units for automatic data-processing machines (excl. processing units, input or output units and storage units)
2.0 %
13,791.9
million USD
710239
Diamonds, worked, but not mounted or set (excl. industrial diamonds)
1.5 %
10,726.7
million USD
Rest of the products
42.9 %
301,520.9
million USD
Exports
Total exports: 645,537.1 million USD in 2024
Exports by destination
China
59.5 %
383,845.3
million USD
United States of America
6.2 %
40,171.8
million USD
European Union
5.5 %
35,389.7
million USD
Viet Nam
3.1 %
19,724.4
million USD
India
3.0 %
19,233.2
million USD
Chinese Taipei
2.9 %
18,412.3
million USD
Thailand
2.7 %
17,653.7
million USD
United Arab Emirates
2.2 %
14,005.3
million USD
Japan
1.6 %
10,362.3
million USD
Singapore
1.6 %
10,303.1
million USD
Rest of the World
11.8 %
76,436.1
million USD
Exports by products HS 2022
854231
Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
13.9 %
89,408.7
million USD
854239
Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
12.0 %
77,258.8
million USD
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
9.4 %
60,798.1
million USD
854232
Electronic integrated circuits as memories
6.7 %
43,241.0
million USD
847330
Parts and accessories of automatic data-processing machines or for other machines of heading 8471, n.e.s.
4.3 %
27,800.0
million USD
851713
Smartphones for wireless networks
4.0 %
25,574.1
million USD
851762
Machines for the reception, conversion and transmission or regeneration of voice, images or other data, incl. switching and routing apparatus (excl. telephone sets, telephones for cellular networks or for other wireless networks)
3.1 %
20,219.1
million USD
847180
Units for automatic data-processing machines (excl. processing units, input or output units and storage units)
3.0 %
19,283.1
million USD
841112
Turbojets of a thrust > 25 kN
1.8 %
11,360.1
million USD
710239
Diamonds, worked, but not mounted or set (excl. industrial diamonds)
1.7 %
10,720.5
million USD
Rest of the products
40.3 %
259,873.7
million USD
Preferential regimes provided by Hong Kong, China
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Hong Kong, China as a beneficiary based on other economies reported preferential regimes
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