1. Overview the trade of HONG KONG in goods current year until 202006
According to Dalian Infobank, in 202006, HONG KONG's exports and imports of goods amounted to 89349.1665 million, and were up 1.00% comparing with the same period of last year. Among these, exports were up 4.98% at 43038.9100 million, and imports were down 2.43% at 46310.2565 million. And the corresponding trade deficit was 3271.3465 million and down 49.43%.
During the current year until 202006, HONG KONG's total exports and imports of goods were 509455.5417 million and were down 5.22% comparing to the same period of last year. Among these, exports were 247014.7704 million and down 3.70%; imports were 262440.7712 million and down 6.60%. The total trade deficit was 15426.0008 million and down 37.00%.
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 202006, HONG KONG's imports and exports to five countries/territories were 242294.4580 million, 37852.9019 million, 31773.9468 million, 23144.3473 million, 21693.2678 million. These values correspond to 47.56%, 7.43%, 6.24%, 4.54%, 4.26% of HONG KONG's imports and exports, and, respectively, were down 7.26%, up 18.87%, up 0.94%, down 3.39%, up 9.96% comparing to the same period of last year.
Current year until 202006, HONG KONG and the top five trade partners CHINA, UNITED STATES, JAPAN, TAIWAN, UNITED KINGDOM are the top five countries/territories that HONG KONG exports to in terms of the total export amount. During the current year until 202006, HONG KONG's exports to these five countries/territories were 135558.7357 million, 20963.2858 million, 6963.4098 million, 6215.9597 million, 5434.6189 million. These values correspond to 54.88%, 8.49%, 2.82%, 2.52%, 2.20% of HONG KONG's exports and, respectively, were down 1.53%, up 9.61%, down 10.37%, up 12.71%, up 45.87% comparing with the same period of last year.
Current year until 202006, HONG KONG's exports to top five countries/territories CHINA, TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA are the top five countries/territories that HONG KONG imports from in terms of the total export amount. During the current year until 202006, HONG KONG's imports from these five countries/territories were 106735.7223 million, 31636.9422 million, 18355.8513 million, 16180.9374 million, 10907.1390 million. These values correspond to 40.67%, 12.05%, 6.99%, 6.17%, 4.16% of HONG KONG's total imports and, respectively, were down 13.65%, up 20.16%, up 15.30%, down 0.04%, up 1.70% comparing with the same period of last year.
During the current year until 202006, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, NETHERLANDS, MACAO, SWITZERLAND at 28823.0134 million, 10152.6249 million, 3107.7090 million, 2042.0080 million, 1693.8031 million, and up 105.01%, up 49.90%, down 10.53%, down 36.78%, down 190.67%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, THAILAND at 25420.9825 million, 15018.4348 million, 9217.5276 million, 8899.4055 million, 2711.0391 million, and up 22.13%, up 24.02%, up 9.49%, up 4.37%, up 152.54%.
Current year until 202006, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202006, 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 281161.8663 million, 67731.9406 million, 55932.6953 million, 16717.4648 million, 7003.3065 million, which were down 0.87%, up 4.55%, down 4.37%, down 4.54%, down 17.92% comparing with the same period of last year and account for 55.19%, 13.29%, 10.98%, 3.28%, 1.37% of HONG KONG's total imports and exports.
During the current year until 202006, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 137323.2178 million, 35853.9530 million, 29722.4452 million, 8473.5743 million, 3702.4071 million. These values correspond to 55.59%, 14.51%, 12.03%, 3.43%, 1.50% of HONG KONG's total exports and, respectively, were down 1.39%, up 10.03%, down 0.20%, down 4.14%, down 16.73% comparing to the same period of last year.
During the current year until 202006, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 143838.6485 million, 31877.9876 million, 26210.2501 million, 8243.8905 million, 4895.9696 million. These values correspond to 54.81%, 12.15%, 9.99%, 3.14%, 1.87% of HONG KONG's total exports and, respectively, were down 0.36%, down 0.99%, down 8.70%, down 4.96%, down 33.21% comparing to the same period of last year.
2. Current year until 202006, HONG KONG binational trade profile
According to Dalian Infobank, during the current year until 202006, HONG KONG-China binational exports and imports of goods amounted to 242294.4580 million and were down 7.26% comparing with the same period of last year. Among these, exports from HONG KONG to China were 135558.7357 million and down 1.53%, imports from China to HONG KONG were 106735.7223 million and down 13.65%. The total binational trade surplus was 28823.0134 million and up 105.01%.
During the urrent year until 202006, 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 155729.5448 million, 34371.9788 million, 9394.3922 million, 7230.4230 million, 3883.2773 million and makes up 64.27%, 14.19%, 3.88%, 2.98%, 1.60% of the total binational imports and exports. These values were also down 1.53%, down 0.09%, down 5.16%, down 52.02%, down 17.63% comparing to the same period last year.
During the current year until 202006, 85, 84, 90, 71, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 90469.3276 million, 18797.4615 million, 5007.4109 million, 4753.1011 million, 2601.9469 million. These values account for 66.74%, 13.87%, 3.69%, 3.51%, 1.92% of HONG KONG's total exports and were up 5.89%, up 8.70%, up 1.01%, down 57.66%, down 17.71% comparing to the same period of last year.
During the current year until 202006, 85, 84, 90, 27, 71 were HONG KONG's top five traded commodities importing from China , with import values of 65260.2172 million, 15574.5173 million, 4386.9813 million, 2576.7873 million, 2477.3219 million. These values account for 61.14%, 14.59%, 4.11%, 2.41%, 2.32% of HONG KONG's total imports and were down 10.25%, down 8.99%, down 11.34%, down 34.19%, down 35.52% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Hong Kong Census & Statistics Department