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Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202005

 1.  Overview the trade of HONG KONG in goods current year until 202005

According to Dalian Infobank, in 202005HONG KONG's exports and imports of goods amounted to 91219.4378 million, and were down 4.61% comparing with the same period of last year. Among these, exports were up 1.57% at 46365.3053 million, and imports were down 10.25% at 44854.1325 million. And the corresponding trade surplus was 1511.1728 million and down 134.93%.

During the current year until 202005, HONG KONG's total exports and imports of goods were 420106.3752 million and were down 6.44% comparing to the same period of last year. Among these, exports were 203975.8604 million and down 5.35%; imports were 216130.5147 million and down 7.45%. The total trade deficit was 12154.6543 million and down 32.53%.

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 202005, HONG KONG's imports and exports to five countries/territories were 198815.0780 million, 31051.2612 million, 27129.3250 million, 19082.9489 million, 18441.2068 million. These values correspond to 47.32%, 7.39%, 6.46%, 4.54%, 4.39% of HONG KONG's imports and exports, and, respectively, were down 9.04%, up 19.28%, up 4.38%, down 3.39%, up 14.44% comparing to the same period of last year.

Current year until 202005, 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 202005, HONG KONG's exports to these five countries/territories were 111874.4347 million, 17978.4890 million, 5851.2449 million, 5141.0300 million, 4442.1378 million. These values correspond to 54.85%, 8.81%, 2.87%, 2.52%, 2.18% of HONG KONG's exports and, respectively, were down 3.27%, up 15.53%, down 8.95%, up 11.61%, down 24.41% comparing with the same period of last year.

Current year until 202005, 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 202005, HONG KONG's imports from these five countries/territories were 86940.6433 million, 25910.2312 million, 15574.7704 million, 13231.7040 million, 9150.8359 million. These values correspond to 40.23%, 11.99%, 7.21%, 6.12%, 4.23% of HONG KONG's total imports and, respectively, were down 15.53%, up 20.93%, up 20.97%, down 0.71%, down 12.25% comparing with the same period of last year.

During the current year until 202005, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, NETHERLANDS, MACAO, UNITED ARAB EMIRATES at 24933.7914 million, 8827.6531 million, 2543.9017 million, 1749.8698 million, 1417.7532 million, and up 95.95%, up 71.99%, down 12.45%, down 35.73%, down 46.89%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, THAILAND at 20769.2012 million, 12708.3340 million, 7380.4590 million, 6898.9186 million, 2331.6519 million, and up 23.49%, up 31.89%, up 6.96%, down 1.89%, up 376.59%.

Current year until 202005, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202005,  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 230251.2896 million, 56229.9921 million, 46153.2960 million, 13765.9945 million, 5823.5670 million, which were down 2.49%, up 4.03%, down 8.48%, down 4.10%, down 17.67% comparing with the same period of last year and account for 54.81%, 13.38%, 10.99%, 3.28%, 1.39% of HONG KONG's total imports and exports.

During the current year until 202005, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 112833.0644 million, 29773.4521 million, 24577.2596 million, 6985.4300 million, 3068.5081 million. These values correspond to 55.32%, 14.60%, 12.05%, 3.42%, 1.50% of HONG KONG's total exports and, respectively, were down 3.31%, up 8.23%, down 5.73%, down 4.50%, down 16.89% comparing to the same period of last year.

During the current year until 202005, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 117418.2251 million, 26456.5400 million, 21576.0364 million, 6780.5645 million, 4239.2653 million. These values correspond to 54.33%, 12.24%, 9.98%, 3.14%, 1.96% of HONG KONG's total exports and, respectively, were down 1.70%, down 0.33%, down 11.43%, down 3.68%, down 30.87% comparing to the same period of last year.


2. Current year until 202005, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202005, HONG KONG-China binational exports and imports of goods amounted to 198815.0780 million and were down 9.04% comparing with the same period of last year. Among these, exports from HONG KONG to China were 111874.4347 million and down 3.27%, imports from China to HONG KONG were 86940.6433 million and down 15.53%. The total binational trade surplus was 24933.7914 million and up 95.95%.

During the urrent year until 202005, 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 127159.6032 million, 28260.6901 million, 7688.6009 million, 6032.9216 million, 3219.6779 million and makes up 63.96%, 14.21%, 3.87%, 3.03%, 1.62% of the total binational imports and exports. These values were also down 3.64%, down 2.09%, down 4.68%, down 54.64%, down 17.70% comparing to the same period last year.

During the current year until 202005, 85, 84, 90, 71, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 74223.5715 million, 15554.1517 million, 4113.2922 million, 4108.8966 million, 2149.6697 million. These values account for 66.35%, 13.90%, 3.68%, 3.67%, 1.92% of HONG KONG's total exports and were up 4.32%, up 7.44%, up 0.06%, down 59.49%, down 18.02% comparing to the same period of last year.

During the current year until 202005, 85, 84, 90, 27, 71 were HONG KONG's top five traded commodities importing from China , with import values of 52936.0318 million, 12706.5383 million, 3575.3087 million, 2249.8167 million, 1924.0250 million. These values account for 60.89%, 14.62%, 4.11%, 2.59%, 2.21% of HONG KONG's total imports and were down 12.95%, down 11.68%, down 9.60%, down 32.74%, down 39.03% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Hong Kong Census & Statistics Department