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Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202102

 1.  Overview the trade of HONG KONG in goods current year until 202102

According to Dalian Infobank, in 202102HONG KONG's exports and imports of goods amounted to 83940.1454 million, and were up 22.96% comparing with the same period of last year. Among these, exports were up 30.53% at 41182.1072 million, and imports were up 16.45% at 42758.0382 million. And the corresponding trade deficit was 1575.9310 million and down 69.50%.

During the current year until 202102, HONG KONG's total exports and imports of goods were 190933.8144 million and were up 31.23% comparing to the same period of last year. Among these, exports were 93339.6829 million and up 36.82%; imports were 97594.1315 million and up 26.30%. The total trade deficit was 4254.4486 million and down 52.99%.

If considering by country (region), CHINA, TAIWAN, UNITED STATES, SOUTH KOREA, JAPAN were HONG KONG's top five trading partners. During the current year until 202102, HONG KONG's imports and exports to five countries/territories were 93053.1929 million, 15828.0396 million, 8944.1698 million, 8290.3832 million, 8243.4086 million. These values correspond to 48.74%, 8.29%, 4.68%, 4.34%, 4.32% of HONG KONG's imports and exports, and, respectively, were up 40.48%, up 46.00%, up 16.60%, up 31.25%, up 21.19% comparing to the same period of last year.

Current year until 202102, HONG KONG and the top five trade partners CHINA, UNITED STATES, TAIWAN, JAPAN, INDIA are the top five countries/territories that HONG KONG exports to in terms of the total export amount. During the current year until 202102, HONG KONG's exports to these five countries/territories were 52980.0233 million, 5493.9162 million, 2605.1682 million, 2352.7326 million, 2271.5288 million. These values correspond to 56.76%, 5.89%, 2.79%, 2.52%, 2.43% of HONG KONG's exports and, respectively, were up 44.48%, up 27.46%, up 46.65%, up 25.38%, up 16.20% comparing with the same period of last year.

Current year until 202102, 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 202102, HONG KONG's imports from these five countries/territories were 40073.1696 million, 13222.8714 million, 6695.9377 million, 5890.6760 million, 3525.7804 million. These values correspond to 41.06%, 13.55%, 6.86%, 6.04%, 3.61% of HONG KONG's total imports and, respectively, were up 35.53%, up 45.87%, up 26.45%, up 19.60%, up 14.84% comparing with the same period of last year.

During the current year until 202102, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, MACAO, NETHERLANDS, UNITED KINGDOM at 12906.8537 million, 2043.6626 million, 1244.3589 million, 1128.9387 million, 809.4762 million, and up 81.76%, up 115.11%, up 38.48%, up 67.73%, down 191.73%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, CHILE at 10617.7031 million, 5101.4923 million, 3537.9434 million, 2788.8029 million, 1218.9683 million, and up 45.68%, up 19.36%, up 16.04%, up 15.48%, up 67.18%.

Current year until 202102, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202102,  commodities with hs2 codes, 85, 84, 71, 90, 08, were HONG KONG's top five traded commodities. They correspond to the import and export values of 112576.0699 million, 22248.9618 million, 17945.3230 million, 5803.3120 million, 2855.7710 million, which were up 39.25%, up 21.02%, up 30.18%, up 26.08%, up 46.03% comparing with the same period of last year and account for 58.96%, 11.65%, 9.40%, 3.04%, 1.50% of HONG KONG's total imports and exports.

During the current year until 202102, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 55936.7598 million, 12328.2806 million, 9018.7835 million, 2940.6083 million, 1287.9920 million. These values correspond to 59.93%, 13.21%, 9.66%, 3.15%, 1.38% of HONG KONG's total exports and, respectively, were up 43.44%, up 30.10%, up 37.95%, up 30.93%, up 28.75% comparing to the same period of last year.

During the current year until 202102, 85, 84, 71, 90, 08 were HONG KONG's top five traded commodities, with total import values of 56639.3101 million, 9920.6812 million, 8926.5395 million, 2862.7037 million, 1747.6620 million. These values correspond to 58.04%, 10.17%, 9.15%, 2.93%, 1.79% of HONG KONG's total exports and, respectively, were up 35.35%, up 11.36%, up 23.17%, up 21.46%, up 50.26% comparing to the same period of last year.


2. Current year until 202102, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202102, HONG KONG-China binational exports and imports of goods amounted to 93053.1929 million and were up 40.48% comparing with the same period of last year. Among these, exports from HONG KONG to China were 52980.0233 million and up 44.48%, imports from China to HONG KONG were 40073.1696 million and up 35.53%. The total binational trade surplus was 12906.8537 million and up 81.76%.

During the urrent year until 202102, commodities with hs2 code, 85, 84, 71, 90, 39, were binational trade's top five traded commodities. They correspond to import and export values of 62716.9137 million, 11012.7164 million, 3739.6673 million, 3022.6767 million, 1337.2304 million and makes up 67.40%, 11.83%, 4.02%, 3.25%, 1.44% of the total binational imports and exports. These values were also up 46.24%, up 29.72%, up 84.07%, up 25.93%, up 28.32% comparing to the same period last year.

During the current year until 202102, 85, 84, 71, 90, 08 were the top five traded commodities exported to China from HONG KONG, with export values of 37256.6609 million, 5968.1248 million, 2123.2725 million, 1591.9590 million, 1092.4492 million. These values account for 70.32%, 11.26%, 4.01%, 3.00%, 2.06% of HONG KONG's total exports and were up 52.70%, up 23.36%, up 46.25%, up 26.98%, up 41.18% comparing to the same period of last year.

During the current year until 202102, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 25460.2528 million, 5044.5916 million, 1616.3948 million, 1430.7177 million, 737.9324 million. These values account for 63.53%, 12.59%, 4.03%, 3.57%, 1.84% of HONG KONG's total imports and were up 37.73%, up 38.14%, up 178.77%, up 24.79%, down 36.45% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Hong Kong Census & Statistics Department