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Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202106

 1.  Overview the trade of HONG KONG in goods current year until 202106

According to Dalian Infobank, in 202106HONG KONG's exports and imports of goods amounted to 116575.5646 million, and were up 30.47% comparing with the same period of last year. Among these, exports were up 29.73% at 55833.5892 million, and imports were up 31.16% at 60741.9754 million. And the corresponding trade deficit was 4908.3863 million and up 50.04%.

During the current year until 202106, HONG KONG's total exports and imports of goods were 640599.7132 million and were up 25.74% comparing to the same period of last year. Among these, exports were 310054.8880 million and up 25.52%; imports were 330544.8252 million and up 25.95%. The total trade deficit was 20489.9372 million and up 32.83%.

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 202106, HONG KONG's imports and exports to five countries/territories were 321948.8884 million, 53912.0905 million, 29105.9685 million, 28174.1319 million, 26081.5768 million. These values correspond to 50.26%, 8.42%, 4.54%, 4.40%, 4.07% of HONG KONG's imports and exports, and, respectively, were up 32.88%, up 42.43%, down 8.40%, up 29.88%, up 12.69% comparing to the same period of last year.

Current year until 202106, 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 202106, HONG KONG's exports to these five countries/territories were 186306.8311 million, 17360.5707 million, 8779.0705 million, 7222.9949 million, 7015.7144 million. These values correspond to 60.09%, 5.60%, 2.83%, 2.33%, 2.26% of HONG KONG's exports and, respectively, were up 37.44%, down 17.19%, up 41.23%, up 3.73%, up 33.56% comparing with the same period of last year.

Current year until 202106, 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 202106, HONG KONG's imports from these five countries/territories were 135642.0574 million, 45133.0199 million, 23461.7619 million, 18858.5819 million, 11815.1709 million. These values correspond to 41.04%, 13.65%, 7.10%, 5.71%, 3.57% of HONG KONG's total imports and, respectively, were up 27.08%, up 42.66%, up 27.82%, up 16.55%, up 8.33% comparing with the same period of last year.

During the current year until 202106, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, MACAO, NETHERLANDS, UNITED KINGDOM at 50664.7737 million, 5615.1729 million, 4150.9461 million, 3703.1118 million, 1752.4550 million, and up 75.78%, down 44.69%, up 103.28%, up 19.16%, up 453.41%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, THAILAND at 36353.9494 million, 18749.3918 million, 11635.5869 million, 9538.2892 million, 3489.6390 million, and up 43.01%, up 24.84%, up 26.23%, up 7.18%, up 28.72%.

Current year until 202106, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202106,  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 370863.8312 million, 77292.4902 million, 70416.6429 million, 18921.3579 million, 8372.0000 million, which were up 31.90%, up 14.12%, up 25.90%, up 13.18%, up 19.54% comparing with the same period of last year and account for 57.89%, 12.07%, 10.99%, 2.95%, 1.31% of HONG KONG's total imports and exports.

During the current year until 202106, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 182976.9251 million, 41596.2384 million, 34646.5053 million, 9453.5303 million, 4393.1721 million. These values correspond to 59.01%, 13.42%, 11.17%, 3.05%, 1.42% of HONG KONG's total exports and, respectively, were up 33.25%, up 16.02%, up 16.57%, up 11.56%, up 18.66% comparing to the same period of last year.

During the current year until 202106, 85, 71, 84, 90, 27 were HONG KONG's top five traded commodities, with total import values of 187886.9061 million, 35770.1376 million, 35696.2518 million, 9467.8276 million, 4774.9052 million. These values correspond to 56.84%, 10.82%, 10.80%, 2.86%, 1.44% of HONG KONG's total exports and, respectively, were up 30.62%, up 36.47%, up 11.98%, up 14.85%, down 2.47% comparing to the same period of last year.


2. Current year until 202106, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202106, HONG KONG-China binational exports and imports of goods amounted to 321948.8884 million and were up 32.88% comparing with the same period of last year. Among these, exports from HONG KONG to China were 186306.8311 million and up 37.44%, imports from China to HONG KONG were 135642.0574 million and up 27.08%. The total binational trade surplus was 50664.7737 million and up 75.78%.

During the urrent year until 202106, 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 209347.4919 million, 40752.3526 million, 20585.9861 million, 10151.0734 million, 4641.1692 million and makes up 65.03%, 12.66%, 6.39%, 3.15%, 1.44% of the total binational imports and exports. These values were also up 34.43%, up 18.56%, up 184.71%, up 8.05%, up 19.52% comparing to the same period last year.

During the current year until 202106, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 124771.0361 million, 22686.3965 million, 14468.7103 million, 5242.3078 million, 3173.2067 million. These values account for 66.97%, 12.18%, 7.77%, 2.81%, 1.70% of HONG KONG's total exports and were up 37.92%, up 20.69%, up 204.41%, up 4.69%, up 21.96% comparing to the same period of last year.

During the current year until 202106, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 84576.4558 million, 18065.9561 million, 6117.2758 million, 4908.7656 million, 2518.0837 million. These values account for 62.35%, 13.32%, 4.51%, 3.62%, 1.86% of HONG KONG's total imports and were up 29.60%, up 16.00%, up 146.93%, up 11.89%, down 2.28% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Hong Kong Census & Statistics Department