1.  Overview the trade of HONG KONG in goods current year until 202003

According to Dalian Infobank, in 202003, HONG KONG's exports and imports of goods amounted to 93299.6307 million, and were down 6.20% comparing with the same period of last year. Among these, exports were down 4.02% at 44884.1203 million, and imports were down 8.13% at 48415.5104 million. And the corresponding trade deficit was 3531.3902 million and down 40.52%.

During the current year until 202003, HONG KONG's total exports and imports of goods were 238792.3502 million and were down 8.81% comparing to the same period of last year. Among these, exports were 113105.5365 million and down 10.07%; imports were 125686.8137 million and down 7.66%. The total trade deficit was 12581.2771 million and up 21.61%.

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 202003, HONG KONG's imports and exports to five countries/territories were 111851.3673 million, 17432.6816 million, 12510.7295 million, 10959.4801 million, 10605.1228 million. These values correspond to 46.84%, 7.30%, 5.24%, 4.59%, 4.44% of HONG KONG's imports and exports, and, respectively, were down 11.10%, up 16.80%, down 18.32%, down 5.25%, up 13.72% comparing to the same period of last year.

Current year until 202003, HONG KONG and the top five trade partners CHINA, UNITED STATES, JAPAN, INDIA, TAIWAN are the top five countries/territories that HONG KONG exports to in terms of the total export amount. During the current year until 202003, HONG KONG's exports to these five countries/territories were 62433.2246 million, 7164.3153 million, 3224.4970 million, 3201.4519 million, 2881.1652 million. These values correspond to 55.20%, 6.33%, 2.85%, 2.83%, 2.55% of HONG KONG's exports and, respectively, were down 5.77%, down 21.33%, down 17.11%, down 6.92%, up 6.21% comparing with the same period of last year.

Current year until 202003, 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 202003, HONG KONG's imports from these five countries/territories were 49418.1427 million, 14551.5164 million, 8956.4112 million, 7734.9831 million, 5346.4142 million. These values correspond to 39.32%, 11.58%, 7.13%, 6.15%, 4.25% of HONG KONG's total imports and, respectively, were down 17.03%, up 19.15%, up 20.04%, up 0.76%, down 13.91% comparing with the same period of last year.

During the current year until 202003, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, UNITED ARAB EMIRATES, MACAO, NETHERLANDS at 13015.0818 million, 1817.9011 million, 1231.5843 million, 1208.1960 million, 1177.7335 million, and up 94.27%, down 37.23%, down 30.56%, down 29.59%, down 27.93%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, PHILIPPINES at 11670.3512 million, 7307.6996 million, 4510.4860 million, 4038.0181 million, 1181.7221 million, and up 22.84%, up 30.59%, up 19.12%, down 6.13%, down 5.73%.

Current year until 202003, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202003,  commodities with hs2 codes, 85, 84, 71, 90, 39, were HONG KONG's top five traded commodities. They correspond to the import and export values of 132393.0883 million, 30973.1705 million, 24050.5413 million, 7686.1511 million, 3249.8576 million, which were down 3.08%, down 2.80%, down 19.06%, down 5.52%, down 18.85% comparing with the same period of last year and account for 55.44%, 12.97%, 10.07%, 3.22%, 1.36% of HONG KONG's total imports and exports.

During the current year until 202003, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 64205.4011 million, 16073.3237 million, 11646.5632 million, 3823.5723 million, 1712.3485 million. These values correspond to 56.77%, 14.21%, 10.30%, 3.38%, 1.51% of HONG KONG's total exports and, respectively, were down 4.38%, down 1.09%, down 27.01%, down 7.40%, down 18.04% comparing to the same period of last year.

During the current year until 202003, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 68187.6871 million, 14899.8467 million, 12403.9782 million, 3862.5788 million, 2966.1471 million. These values correspond to 54.25%, 11.85%, 9.87%, 3.07%, 2.36% of HONG KONG's total exports and, respectively, were down 1.82%, down 4.58%, down 9.84%, down 3.58%, down 18.80% comparing to the same period of last year.

2. Current year until 202003, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202003, HONG KONG-China binational exports and imports of goods amounted to 111851.3673 million and were down 11.10% comparing with the same period of last year. Among these, exports from HONG KONG to China were 62433.2246 million and down 5.77%, imports from China to HONG KONG were 49418.1427 million and down 17.03%. The total binational trade surplus was 13015.0818 million and up 94.27%.

During the urrent year until 202003, commodities with hs2 code, 85, 84, 90, 71, 39, were binational trade's top five traded commodities. They correspond to import and export values of 71967.3659 million, 15004.4134 million, 4185.7971 million, 3842.2314 million, 1810.9338 million and makes up 64.34%, 13.41%, 3.74%, 3.44%, 1.62% of the total binational imports and exports. These values were also down 4.64%, down 11.90%, down 7.19%, down 50.93%, down 17.55% comparing to the same period last year.

During the current year until 202003, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 41392.9919 million, 8302.4131 million, 2786.6731 million, 2234.3318 million, 1209.2464 million. These values account for 66.30%, 13.30%, 4.46%, 3.58%, 1.94% of HONG KONG's total exports and were up 2.33%, down 0.58%, down 54.75%, down 1.71%, down 17.06% comparing to the same period of last year.

During the current year until 202003, 85, 84, 90, 27, 71 were HONG KONG's top five traded commodities importing from China , with import values of 30574.3740 million, 6702.0003 million, 1951.4653 million, 1587.4601 million, 1055.5583 million. These values account for 61.87%, 13.56%, 3.95%, 3.21%, 2.14% of HONG KONG's total imports and were down 12.70%, down 22.79%, down 12.77%, down 18.32%, down 36.87% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Hong Kong Census & Statistics Department