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Economy > Trade > Imports Stats: compare key data on Hong Kong & United Kingdom

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Definitions

  • Commodities: A rank ordering of imported products starting with the most important; it sometimes includes the percent of total dollar value.
  • Documents to import > Number: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.
  • Documents to import > Number per million: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included. Figures expressed per million population for the same year.
  • Food imports > % of merchandise imports: Food imports (% of merchandise imports). Food comprises the commodities in SITC sections 0 (food and live animals), 1 (beverages and tobacco), and 4 (animal and vegetable oils and fats) and SITC division 22 (oil seeds, oil nuts, and oil kernels).
  • Goods and services > BoP > Current US$: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars.
  • Goods and services > BoP > Current US$ > Per $ GDP: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Goods and services > Constant 2000 US$ > Per capita: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars. Per capita figures expressed per 1 population.
  • Goods and services > Constant 2000 US$ per capita: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars. Figures expressed per capita for the same year.
  • Goods and services > Constant LCU: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant local currency.
  • Goods and services > Current LCU: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current local currency.
  • Goods and services > Current US$: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars.
  • Goods and services > Current US$ > Per $ GDP: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Goods and services > Current US$ > Per capita: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Partners: A rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
  • Per $ GDP: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Goods and services > Constant 2000 US$: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars.
  • Goods and services > BoP > Current US$ > Per capita: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Per capita figures expressed per 1 population.
STAT Hong Kong United Kingdom HISTORY
Commodities raw materials and semi-manufactures, consumer goods, capital goods, foodstuffs, fuel (most is re-exported) manufactured goods, machinery, fuels; foodstuffs
Documents to import > Number 3
Ranked 183th.
4
Ranked 170th. 33% more than Hong Kong

Documents to import > Number per million 0.419
Ranked 126th. 7 times more than United Kingdom
0.0633
Ranked 174th.

Food imports > % of merchandise imports 4.38%
Ranked 85th.
8.87%
Ranked 55th. 2 times more than Hong Kong

Goods and services > BoP > Current US$ 329.59 billion BoP $
Ranked 11th.
669.82 billion BoP $
Ranked 4th. 2 times more than Hong Kong

Goods and services > BoP > Current US$ > Per $ GDP 1.85 BoP $ per $1 of GDP
Ranked 2nd. 6 times more than United Kingdom
0.305 BoP $ per $1 of GDP
Ranked 104th.

Goods and services > Constant 2000 US$ > Per capita 49,263.12 constant 2000 US$ per c
Ranked 2nd. 5 times more than United Kingdom
9,021.9 constant 2000 US$ per c
Ranked 13th.

Goods and services > Constant 2000 US$ per capita 50,205.98 constant 2000 US$
Ranked 2nd. 6 times more than United Kingdom
9,022.22 constant 2000 US$
Ranked 13th.

Goods and services > Constant LCU 2665073000000 359104800000
Goods and services > Current LCU 2562923000000 362811000000
Goods and services > Current US$ 329.54 billion$
Ranked 8th.
659.66 billion$
Ranked 3rd. Twice as much as Hong Kong

Goods and services > Current US$ > Per $ GDP 1.85$ per $1 of GDP
Ranked 2nd. 6 times more than United Kingdom
0.3$ per $1 of GDP
Ranked 120th.

Goods and services > Current US$ > Per capita 47,459.17$ per capita
Ranked 3rd. 4 times more than United Kingdom
10,952.92$ per capita
Ranked 17th.

Partners China 46.4%, Japan 8.8%, Taiwan 6.5%, Singapore 6.5%, US 5.3% Germany 12.87%, US 9.74%, China 8.88%, Netherlands 6.94%, France 6.64%, Belgium 4.86%, Norway 4.84%, Ireland 4.01%, Italy 3.99%
Per $ GDP $1.75 per $1 of GDP
Ranked 4th. 7 times more than United Kingdom
$0.26 per $1 of GDP
Ranked 121st.

Goods and services > Constant 2000 US$ 342.06 billion constant 2000 US$
Ranked 5th.
543.36 billion constant 2000 US$
Ranked 3rd. 59% more than Hong Kong

Goods and services > BoP > Current US$ > Per capita 47,466.66 BoP $ per capita
Ranked 3rd. 4 times more than United Kingdom
11,121.73 BoP $ per capita
Ranked 23th.

Per capita $58,188.68 per capita
Ranked 2nd. 6 times more than United Kingdom
$10,224.39 per capita
Ranked 24th.

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; World Bank, Doing Business project (http://www.doingbusiness.org/).; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank staff estimates; World Development Indicators database; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.

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