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Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202105

 1.  Overview the trade of HONG KONG in goods current year until 202105

According to Dalian Infobank, in 202105HONG KONG's exports and imports of goods amounted to 109737.5309 million, and were up 20.30% comparing with the same period of last year. Among these, exports were up 14.13% at 52914.8847 million, and imports were up 26.68% at 56822.6461 million. And the corresponding trade deficit was 3907.7614 million and down 358.59%.

During the current year until 202105, HONG KONG's total exports and imports of goods were 524024.1486 million and were up 24.74% comparing to the same period of last year. Among these, exports were 254221.2988 million and up 24.63%; imports were 269802.8497 million and up 24.83%. The total trade deficit was 15581.5509 million and up 28.19%.

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 202105, HONG KONG's imports and exports to five countries/territories were 261798.5730 million, 44161.3581 million, 23797.5562 million, 22952.4809 million, 21223.4860 million. These values correspond to 49.96%, 8.43%, 4.54%, 4.38%, 4.05% of HONG KONG's imports and exports, and, respectively, were up 31.68%, up 42.22%, down 12.28%, up 24.46%, up 11.22% comparing to the same period of last year.

Current year until 202105, HONG KONG and the top five trade partners CHINA, UNITED STATES, TAIWAN, INDIA, JAPAN are the top five countries/territories that HONG KONG exports to in terms of the total export amount. During the current year until 202105, HONG KONG's exports to these five countries/territories were 152259.4347 million, 14004.9615 million, 7202.6078 million, 6013.1474 million, 5855.4452 million. These values correspond to 59.89%, 5.51%, 2.83%, 2.37%, 2.30% of HONG KONG's exports and, respectively, were up 36.10%, down 22.10%, up 40.10%, up 35.37%, up 0.07% comparing with the same period of last year.

Current year until 202105, 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 202105, HONG KONG's imports from these five countries/territories were 109539.1383 million, 36958.7502 million, 19015.8595 million, 15368.0407 million, 9792.5947 million. These values correspond to 40.60%, 13.70%, 7.05%, 5.70%, 3.63% of HONG KONG's total imports and, respectively, were up 25.99%, up 42.64%, up 22.09%, up 16.15%, up 7.01% comparing with the same period of last year.

During the current year until 202105, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, MACAO, NETHERLANDS, UNITED KINGDOM at 42720.2965 million, 4212.3668 million, 3462.3537 million, 3082.7949 million, 1610.1563 million, and up 71.33%, down 52.28%, up 97.86%, up 21.18%, down 302.51%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, THAILAND at 29756.1424 million, 15079.2380 million, 9512.5955 million, 7848.7954 million, 2909.1042 million, and up 43.27%, up 18.66%, up 28.89%, up 13.77%, up 24.77%.

Current year until 202105, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202105,  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 303391.7392 million, 62871.0756 million, 56836.5284 million, 15539.6435 million, 6886.4261 million, which were up 31.77%, up 11.81%, up 23.15%, up 12.88%, up 18.25% comparing with the same period of last year and account for 57.90%, 12.00%, 10.85%, 2.97%, 1.31% of HONG KONG's total imports and exports.

During the current year until 202105, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 149950.5260 million, 34166.9458 million, 27922.5532 million, 7809.9836 million, 3633.2815 million. These values correspond to 58.98%, 13.44%, 10.98%, 3.07%, 1.43% of HONG KONG's total exports and, respectively, were up 32.90%, up 14.76%, up 13.61%, up 11.80%, up 18.41% comparing to the same period of last year.

During the current year until 202105, 85, 71, 84, 90, 27 were HONG KONG's top five traded commodities, with total import values of 153441.2133 million, 28913.9753 million, 28704.1298 million, 7729.6599 million, 3992.7366 million. These values correspond to 56.87%, 10.72%, 10.64%, 2.86%, 1.48% of HONG KONG's total exports and, respectively, were up 30.68%, up 34.01%, up 8.50%, up 14.00%, down 5.82% comparing to the same period of last year.


2. Current year until 202105, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202105, HONG KONG-China binational exports and imports of goods amounted to 261798.5730 million and were up 31.68% comparing with the same period of last year. Among these, exports from HONG KONG to China were 152259.4347 million and up 36.10%, imports from China to HONG KONG were 109539.1383 million and up 25.99%. The total binational trade surplus was 42720.2965 million and up 71.33%.

During the urrent year until 202105, 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 170897.9674 million, 32815.4977 million, 16015.1124 million, 8272.2915 million, 3809.1338 million and makes up 65.28%, 12.53%, 6.12%, 3.16%, 1.45% of the total binational imports and exports. These values were also up 34.40%, up 16.12%, up 165.46%, up 7.59%, up 18.31% comparing to the same period last year.

During the current year until 202105, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 102130.4119 million, 18449.8448 million, 11179.5819 million, 4338.0527 million, 2616.5227 million. These values account for 67.08%, 12.12%, 7.34%, 2.85%, 1.72% of HONG KONG's total exports and were up 37.60%, up 18.62%, up 172.08%, up 5.46%, up 21.72% comparing to the same period of last year.

During the current year until 202105, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 68767.5554 million, 14365.6529 million, 4835.5306 million, 3934.2388 million, 2099.1232 million. These values account for 62.78%, 13.11%, 4.41%, 3.59%, 1.92% of HONG KONG's total imports and were up 29.91%, up 13.06%, up 151.32%, up 10.04%, down 6.70% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Hong Kong Census & Statistics Department