1. Overview the trade of HONG KONG in goods current year until 202008
According to Dalian Infobank, in 202008, HONG KONG's exports and imports of goods amounted to 100120.6339 million, and were up 4.45% comparing with the same period of last year. Among these, exports were up 9.36% at 50605.7452 million, and imports were down 0.13% at 49514.8887 million. And the corresponding trade surplus was 1090.8564 million and down 133.03%.
During the current year until 202008, HONG KONG's total exports and imports of goods were 704172.3192 million and were down 3.07% comparing to the same period of last year. Among these, exports were 344037.8856 million and down 0.90%; imports were 360134.4336 million and down 5.06%. The total trade deficit was 16096.5480 million and down 49.93%.
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 202008, HONG KONG's imports and exports to five countries/territories were 334491.0983 million, 53465.9100 million, 42021.7805 million, 30995.7057 million, 28791.6618 million. These values correspond to 47.50%, 7.59%, 5.97%, 4.40%, 4.09% of HONG KONG's imports and exports, and, respectively, were down 5.87%, up 20.44%, down 2.38%, down 5.26%, up 6.06% comparing to the same period of last year.
Current year until 202008, HONG KONG and the top five trade partners CHINA, UNITED STATES, UNITED KINGDOM, SWITZERLAND, JAPAN are the top five countries/territories that HONG KONG exports to in terms of the total export amount. During the current year until 202008, HONG KONG's exports to these five countries/territories were 186835.0695 million, 27549.1900 million, 10817.5762 million, 9281.0331 million, 9190.1585 million. These values correspond to 54.31%, 8.01%, 3.14%, 2.70%, 2.67% of HONG KONG's exports and, respectively, were down 0.72%, up 3.26%, up 106.34%, up 114.28%, down 11.90% comparing with the same period of last year.
Current year until 202008, 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 202008, HONG KONG's imports from these five countries/territories were 147656.0288 million, 45049.9842 million, 24265.0408 million, 21805.5472 million, 14647.5976 million. These values correspond to 41.00%, 12.51%, 6.74%, 6.05%, 4.07% of HONG KONG's total imports and, respectively, were down 11.66%, up 22.63%, up 10.17%, down 2.16%, up 7.36% comparing with the same period of last year.
During the current year until 202008, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, SWITZERLAND, UNITED KINGDOM, NETHERLANDS at 39179.0407 million, 13076.5995 million, 4526.3778 million, 4287.7538 million, 4227.1829 million, and up 86.19%, up 26.80%, down 251.91%, down 797.04%, down 6.89%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, THAILAND at 36634.0583 million, 19738.4199 million, 12615.3887 million, 11923.1491 million, 4019.3415 million, and up 25.97%, up 16.79%, up 6.42%, up 11.39%, up 90.63%.
Current year until 202008, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202008, 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 389924.9751 million, 91169.1179 million, 80262.4159 million, 23021.8669 million, 9587.1816 million, which were up 0.60%, up 2.40%, up 8.79%, down 2.13%, down 17.52% comparing with the same period of last year and account for 55.37%, 12.95%, 11.40%, 3.27%, 1.36% of HONG KONG's total imports and exports.
During the current year until 202008, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 191548.0362 million, 48148.9601 million, 43983.8551 million, 11734.3491 million, 5079.1889 million. These values correspond to 55.68%, 14.00%, 12.78%, 3.41%, 1.48% of HONG KONG's total exports and, respectively, were up 0.28%, up 6.29%, up 20.82%, down 1.32%, down 16.42% comparing to the same period of last year.
During the current year until 202008, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 198376.9390 million, 43020.1578 million, 36278.5608 million, 11287.5177 million, 6421.0296 million. These values correspond to 55.08%, 11.95%, 10.07%, 3.13%, 1.78% of HONG KONG's total exports and, respectively, were up 0.90%, down 1.63%, down 2.94%, down 2.96%, down 33.17% comparing to the same period of last year.
2. Current year until 202008, HONG KONG binational trade profile
According to Dalian Infobank, during the current year until 202008, HONG KONG-China binational exports and imports of goods amounted to 334491.0983 million and were down 5.87% comparing with the same period of last year. Among these, exports from HONG KONG to China were 186835.0695 million and down 0.72%, imports from China to HONG KONG were 147656.0288 million and down 11.66%. The total binational trade surplus was 39179.0407 million and up 86.19%.
During the urrent year until 202008, 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 216965.9653 million, 46263.5547 million, 12995.4643 million, 9957.3450 million, 5335.9374 million and makes up 64.86%, 13.83%, 3.89%, 2.98%, 1.60% of the total binational imports and exports. These values were also down 0.08%, down 1.95%, down 2.29%, down 46.03%, down 17.64% comparing to the same period last year.
During the current year until 202008, 85, 84, 90, 71, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 126003.6299 million, 25297.1580 million, 7015.5979 million, 6299.2426 million, 3590.1723 million. These values account for 67.44%, 13.54%, 3.75%, 3.37%, 1.92% of HONG KONG's total exports and were up 6.07%, up 4.60%, up 4.87%, down 52.58%, down 17.70% comparing to the same period of last year.
During the current year until 202008, 85, 84, 90, 71, 27 were HONG KONG's top five traded commodities importing from China , with import values of 90962.3354 million, 20966.3967 million, 5979.8664 million, 3658.1024 million, 3329.8323 million. These values account for 61.60%, 14.20%, 4.05%, 2.48%, 2.26% of HONG KONG's total imports and were down 7.50%, down 8.84%, down 9.53%, down 29.18%, down 34.74% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Hong Kong Census & Statistics Department