Hong Kong is an externally oriented economy. In 2016, the value of Hong Kong's total exports of goods amounted to $3,588.2 billion, while that of imports of goods was $4,008.4 billion. The ratio of the value of total exports of goods to Hong Kong's Gross Domestic Product (GDP) was 1.44, while that of the value of imports of goods to GDP was 1.61.
Goods consumed locally in Hong Kong are mostly imported. Meanwhile, a large proportion of Hong Kong's imports of goods, apart from being consumed locally, are for subsequent re-exportation. This article analyses the performance of Hong Kong's imports of goods in recent years.