1. Overview the trade of HONG KONG in goods current year until 202004
According to Dalian Infobank, in 202004, HONG KONG's exports and imports of goods amounted to 90094.5872 million, and were down 1.58% comparing with the same period of last year. Among these, exports were up 0.92% at 44505.0186 million, and imports were down 3.90% at 45589.5686 million. And the corresponding trade deficit was 1084.5500 million and down 67.57%.
During the current year until 202004, HONG KONG's total exports and imports of goods were 328886.9374 million and were down 6.94% comparing to the same period of last year. Among these, exports were 157610.5552 million and down 7.21%; imports were 171276.3822 million and down 6.69%. The total trade deficit was 13665.8271 million and down 0.17%.
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 202004, HONG KONG's imports and exports to five countries/territories were 155634.8693 million, 24555.1892 million, 20348.6607 million, 15133.7173 million, 14644.0042 million. These values correspond to 47.32%, 7.47%, 6.19%, 4.60%, 4.45% of HONG KONG's imports and exports, and, respectively, were down 9.39%, up 21.82%, down 1.01%, down 3.35%, up 17.73% comparing to the same period of last year.
Current year until 202004, HONG KONG and the top five trade partners CHINA, UNITED STATES, JAPAN, TAIWAN, INDIA are the top five countries/territories that HONG KONG exports to in terms of the total export amount. During the current year until 202004, HONG KONG's exports to these five countries/territories were 87644.3858 million, 12779.4557 million, 4496.8569 million, 3990.1111 million, 3611.7582 million. These values correspond to 55.61%, 8.11%, 2.85%, 2.53%, 2.29% of HONG KONG's exports and, respectively, were down 3.52%, up 4.57%, down 10.75%, up 11.23%, down 20.55% comparing with the same period of last year.
Current year until 202004, 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 202004, HONG KONG's imports from these five countries/territories were 67990.4835 million, 20565.0781 million, 12395.2342 million, 10636.8604 million, 7569.2049 million. These values correspond to 39.70%, 12.01%, 7.24%, 6.21%, 4.42% of HONG KONG's total imports and, respectively, were down 15.98%, up 24.11%, up 24.69%, up 0.16%, down 9.20% comparing with the same period of last year.
During the current year until 202004, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, NETHERLANDS, MACAO, UNITED ARAB EMIRATES at 19653.9023 million, 5210.2508 million, 1954.0689 million, 1481.2092 million, 1367.8760 million, and up 98.13%, up 34.13%, down 14.43%, down 32.70%, down 37.54%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, THAILAND at 16574.9670 million, 10146.4642 million, 6140.0035 million, 5323.4213 million, 1679.4012 million, and up 27.66%, up 36.33%, up 10.00%, down 5.57%, up 1491.01%.
Current year until 202004, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202004, 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 181003.1432 million, 44259.7173 million, 34714.7503 million, 10755.1760 million, 4631.4043 million, which were down 2.15%, up 3.22%, down 14.02%, down 2.66%, down 15.93% comparing with the same period of last year and account for 55.04%, 13.46%, 10.56%, 3.27%, 1.41% of HONG KONG's total imports and exports.
During the current year until 202004, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 88104.2448 million, 23264.4707 million, 17487.0394 million, 5389.8629 million, 2424.1885 million. These values correspond to 55.90%, 14.76%, 11.10%, 3.42%, 1.54% of HONG KONG's total exports and, respectively, were down 3.51%, up 6.28%, down 18.04%, down 4.39%, down 15.60% comparing to the same period of last year.
During the current year until 202004, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 92898.8983 million, 20995.2466 million, 17227.7110 million, 5365.3131 million, 3491.7298 million. These values correspond to 54.24%, 12.26%, 10.06%, 3.13%, 2.04% of HONG KONG's total exports and, respectively, were down 0.82%, up 0.04%, down 9.52%, down 0.86%, down 29.12% comparing to the same period of last year.
2. Current year until 202004, HONG KONG binational trade profile
According to Dalian Infobank, during the current year until 202004, HONG KONG-China binational exports and imports of goods amounted to 155634.8693 million and were down 9.39% comparing with the same period of last year. Among these, exports from HONG KONG to China were 87644.3858 million and down 3.52%, imports from China to HONG KONG were 67990.4835 million and down 15.98%. The total binational trade surplus was 19653.9023 million and up 98.13%.
During the urrent year until 202004, 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 99461.3801 million, 21926.6850 million, 6014.2918 million, 5003.5141 million, 2560.6758 million and makes up 63.91%, 14.09%, 3.86%, 3.21%, 1.65% of the total binational imports and exports. These values were also down 3.61%, down 4.23%, down 2.82%, down 54.85%, down 15.53% comparing to the same period last year.
During the current year until 202004, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 57925.6340 million, 12128.6477 million, 3548.7739 million, 3219.6008 million, 1705.2013 million. These values account for 66.09%, 13.84%, 4.05%, 3.67%, 1.95% of HONG KONG's total exports and were up 4.35%, up 6.86%, down 58.79%, up 1.34%, down 15.81% comparing to the same period of last year.
During the current year until 202004, 85, 84, 90, 27, 71 were HONG KONG's top five traded commodities importing from China , with import values of 41535.7461 million, 9798.0374 million, 2794.6910 million, 1884.9603 million, 1454.7402 million. These values account for 61.09%, 14.41%, 4.11%, 2.77%, 2.14% of HONG KONG's total imports and were down 12.87%, down 15.13%, down 7.21%, down 29.78%, down 41.09% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Hong Kong Census & Statistics Department