Applied tariffs
Simple average MFN applied
2025
0.0 %
Trade-weighted MFN average
2024
0.0 %
Share of MFN duty-free
2025
100.0 %
Bound tariffs
Simple average bound
0.0 %
Binding coverage
30.4 %
Share of bound duty-free
91.1 %
Imports
Total imports: 16,165.7 million USD in 2024
Imports by partner
China
29.8 %
4,821.3
million USD
European Union
29.0 %
4,683.2
million USD
Japan
6.9 %
1,120.3
million USD
United States of America
5.9 %
959.2
million USD
Switzerland
5.9 %
950.3
million USD
Hong Kong, China
5.0 %
816.3
million USD
Australia
1.9 %
302.6
million USD
Malaysia
1.7 %
278.4
million USD
Viet Nam
1.7 %
276.8
million USD
United Kingdom
1.6 %
252.1
million USD
Rest of the World
10.5 %
1,705.2
million USD
Imports by products HS 2022
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)
10.2 %
1,653.1
million USD
999999
Unspecified products
8.1 %
1,311.0
million USD
420221
Handbags, whether or not with shoulder straps, incl. those without handles, with outer surface of leather, composition leather or patent leather
6.2 %
999.2
million USD
330499
Beauty or make-up preparations and preparations for the care of the skin (other than medicaments), incl. sunscreen or suntan preparations (excl. medicaments, lip and eye make-up preparations, manicure or pedicure preparations and make-up or skin care powders, incl. baby powders)
5.3 %
860.9
million USD
851713
Smartphones for wireless networks
3.5 %
566.2
million USD
271600
Electrical energy
3.3 %
527.0
million USD
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
2.7 %
436.0
million USD
910121
Wrist-watches of precious metal or of metal clad with precious metal, whether or not incorporating a stop-watch facility, with automatic winding (excl. with backs made of steel)
2.3 %
376.6
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
2.1 %
342.2
million USD
220890
Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excl. compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials)
1.6 %
261.1
million USD
Rest of the products
54.6 %
8,832.5
million USD
Exports
Total exports: 1,664.6 million USD in 2024
Exports by destination
Hong Kong, China
68.6 %
1,142.0
million USD
Other Countries, n.e.s.
16.8 %
278.9
million USD
China
5.2 %
87.1
million USD
United Arab Emirates
2.3 %
38.2
million USD
United States of America
2.2 %
36.2
million USD
European Union
1.5 %
25.2
million USD
India
0.6 %
9.2
million USD
Singapore
0.5 %
8.7
million USD
Viet Nam
0.5 %
8.6
million USD
Philippines
0.5 %
7.7
million USD
Rest of the World
1.4 %
22.9
million USD
Exports by products HS 2022
999999
Unspecified products
34.3 %
571.0
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)
15.7 %
261.6
million USD
851713
Smartphones for wireless networks
9.9 %
164.5
million USD
910121
Wrist-watches of precious metal or of metal clad with precious metal, whether or not incorporating a stop-watch facility, with automatic winding (excl. with backs made of steel)
4.6 %
76.6
million USD
420221
Handbags, whether or not with shoulder straps, incl. those without handles, with outer surface of leather, composition leather or patent leather
3.1 %
51.5
million USD
330499
Beauty or make-up preparations and preparations for the care of the skin (other than medicaments), incl. sunscreen or suntan preparations (excl. medicaments, lip and eye make-up preparations, manicure or pedicure preparations and make-up or skin care powders, incl. baby powders)
2.5 %
42.0
million USD
910221
Wrist-watches, whether or not incorporating a stop-watch facility, with automatic winding (excl. of precious metal or of metal clad with precious metal)
2.2 %
36.3
million USD
640399
Footwear with outer soles of rubber, plastics or composition leather, with uppers of leather (excl. covering the ankle, incorporating a protective metal toecap, sports footwear, orthopaedic footwear and toy footwear)
1.4 %
23.2
million USD
220421
Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excl. sparkling wine)
1.4 %
22.9
million USD
611020
Jerseys, pullovers, cardigans, waistcoats and similar articles, of cotton, knitted or crocheted (excl. wadded waistcoats)
0.9 %
14.8
million USD
Rest of the products
24.0 %
400.2
million USD
Preferential regimes provided by Macao, China
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Macao, China as a beneficiary based on other economies reported preferential regimes
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