Home → Patterns → Export Boom Cycle → Hong Kong SAR, China

Export Boom Cycle

Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.

8 occurrences detected, 5 successful

Hong Kong SAR, China 2017

Reserves YoY

+11.7%

GDP growth

3.8%

C/A balance

4.6%

24 mo later

-1.7%

Hong Kong SAR, China 2011

Reserves YoY

+11.6%

GDP growth

4.8%

C/A balance

5.6%

24 mo later

3.1%

Hong Kong SAR, China 2008

Reserves YoY

+19.5%

GDP growth

2.1%

C/A balance

15.0%

24 mo later

6.8%

Hong Kong SAR, China 2007

Reserves YoY

+14.6%

GDP growth

6.5%

C/A balance

13.0%

24 mo later

-2.5%

Hong Kong SAR, China 2000

Reserves YoY

+11.7%

GDP growth

7.7%

C/A balance

4.4%

Hong Kong SAR, China 1993

Reserves YoY

+22.0%

GDP growth

6.2%

C/A balance

4.7%

24 mo later

2.4%

Hong Kong SAR, China 1992

Reserves YoY

+22.0%

GDP growth

6.2%

C/A balance

3.0%

24 mo later

6.0%

Hong Kong SAR, China 1991

Reserves YoY

+17.2%

GDP growth

5.7%

C/A balance

4.3%

24 mo later

6.2%

Hong Kong SAR, China Orthodox Tightening Cycle Currency Crisis Pattern Fiscal Dominance Trap Stagflation Risk Insights