1. Overview the trade of HONG KONG in goods current year until 202002
According to Dalian Infobank, in 202002, HONG KONG's exports and imports of goods amounted to 68265.7119 million, and were up 1.00% comparing with the same period of last year. Among these, exports were up 0.28% at 31549.1177 million, and imports were up 1.62% at 36716.5942 million. And the corresponding trade deficit was 5167.4765 million and up 10.63%.
During the current year until 202002, HONG KONG's total exports and imports of goods were 145492.7195 million and were down 10.42% comparing to the same period of last year. Among these, exports were 68221.4163 million and down 13.64%; imports were 77271.3032 million and down 7.36%. The total trade deficit was 9049.8869 million and up 105.29%.
If considering by country (region), CHINA, TAIWAN, UNITED STATES, JAPAN, SOUTH KOREA were HONG KONG's top five trading partners. During the current year until 202002, HONG KONG's imports and exports to five countries/territories were 66237.1743 million, 10841.1332 million, 7670.8697 million, 6801.8952 million, 6316.3765 million. These values correspond to 45.53%, 7.45%, 5.27%, 4.68%, 4.34% of HONG KONG's imports and exports, and, respectively, were down 14.72%, up 16.79%, down 20.14%, down 5.48%, up 13.00% comparing to the same period of last year.
Current year until 202002, HONG KONG and the top five trade partners CHINA, UNITED STATES, INDIA, JAPAN, TAIWAN are the top five countries/territories that HONG KONG exports to in terms of the total export amount. During the current year until 202002, HONG KONG's exports to these five countries/territories were 36669.0670 million, 4310.4555 million, 1954.9072 million, 1876.4741 million, 1776.4351 million. These values correspond to 53.75%, 6.32%, 2.87%, 2.75%, 2.60% of HONG KONG's exports and, respectively, were down 12.09%, down 26.07%, down 4.74%, down 23.64%, up 4.98% comparing with the same period of last year.
Current year until 202002, HONG KONG's exports to top five countries/territories CHINA, TAIWAN, SOUTH KOREA, JAPAN, UNITED STATES are the top five countries/territories that HONG KONG imports from in terms of the total export amount. During the current year until 202002, HONG KONG's imports from these five countries/territories were 29568.1073 million, 9064.6980 million, 5295.1956 million, 4925.4211 million, 3360.4141 million. These values correspond to 38.27%, 11.73%, 6.85%, 6.37%, 4.35% of HONG KONG's total imports and, respectively, were down 17.77%, up 19.42%, up 21.46%, up 3.93%, down 10.99% comparing with the same period of last year.
During the current year until 202002, the trade surplus of HONG KONG was mainly from CHINA, UNITED ARAB EMIRATES, UNITED STATES, MACAO, INDIA at 7100.9597 million, 969.6361 million, 950.0414 million, 898.6075 million, 679.3924 million, and up 23.41%, down 7.69%, down 53.78%, down 26.08%, down 260.41%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, SWITZERLAND at 7288.2629 million, 4274.0147 million, 3048.9470 million, 2415.0246 million, 942.9644 million, and up 23.56%, up 36.57%, up 33.62%, down 0.79%, up 510.51%.
Current year until 202002, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202002, commodities with hs2 codes, 85, 84, 71, 90, 27, were HONG KONG's top five traded commodities. They correspond to the import and export values of 80843.7021 million, 18384.3226 million, 13785.4785 million, 4602.8797 million, 2197.2838 million, which were down 3.08%, down 8.46%, down 23.79%, down 8.52%, down 3.67% comparing with the same period of last year and account for 55.57%, 12.64%, 9.48%, 3.16%, 1.51% of HONG KONG's total imports and exports.
During the current year until 202002, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 38996.3104 million, 9475.8316 million, 6537.8678 million, 2245.9081 million, 1000.4191 million. These values correspond to 57.16%, 13.89%, 9.58%, 3.29%, 1.47% of HONG KONG's total exports and, respectively, were down 7.09%, down 8.72%, down 30.42%, down 12.95%, down 23.73% comparing to the same period of last year.
During the current year until 202002, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 41847.3917 million, 8908.4911 million, 7247.6107 million, 2356.9716 million, 2111.4239 million. These values correspond to 54.16%, 11.53%, 9.38%, 3.05%, 2.73% of HONG KONG's total exports and, respectively, were up 0.98%, down 8.18%, down 16.63%, down 3.87%, down 3.99% comparing to the same period of last year.
2. Current year until 202002, HONG KONG binational trade profile
According to Dalian Infobank, during the current year until 202002, HONG KONG-China binational exports and imports of goods amounted to 66237.1743 million and were down 14.72% comparing with the same period of last year. Among these, exports from HONG KONG to China were 36669.0670 million and down 12.09%, imports from China to HONG KONG were 29568.1073 million and down 17.77%. The total binational trade surplus was 7100.9597 million and up 23.41%.
During the urrent year until 202002, commodities with hs2 code, 85, 84, 90, 71, 27, were binational trade's top five traded commodities. They correspond to import and export values of 42884.8725 million, 8489.6927 million, 2400.1927 million, 2031.6260 million, 1201.0034 million and makes up 64.74%, 12.82%, 3.62%, 3.07%, 1.81% of the total binational imports and exports. These values were also down 6.67%, down 20.24%, down 12.96%, down 59.19%, down 1.95% comparing to the same period last year.
During the current year until 202002, 85, 84, 71, 90, 08 were the top five traded commodities exported to China from HONG KONG, with export values of 24399.0168 million, 4837.8279 million, 1451.8036 million, 1253.7250 million, 773.8141 million. These values account for 66.54%, 13.19%, 3.96%, 3.42%, 2.11% of HONG KONG's total exports and were down 3.61%, down 9.02%, down 63.22%, down 10.45%, down 14.18% comparing to the same period of last year.
During the current year until 202002, 85, 84, 27, 90, 71 were HONG KONG's top five traded commodities importing from China , with import values of 18485.8557 million, 3651.8648 million, 1161.1012 million, 1146.4677 million, 579.8224 million. These values account for 62.52%, 12.35%, 3.93%, 3.88%, 1.96% of HONG KONG's total imports and were down 10.41%, down 31.43%, down 2.02%, down 15.56%, down 43.75% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Hong Kong Census & Statistics Department