1.  Overview the trade of HONG KONG in goods current year until 202107

According to Dalian Infobank, in 202107, HONG KONG's exports and imports of goods amounted to 116186.5884 million, and were up 22.82% comparing with the same period of last year. Among these, exports were up 20.74% at 56044.3961 million, and imports were up 24.83% at 60142.1924 million. And the corresponding trade deficit was 4097.7963 million and up 132.64%.

During the current year until 202107, HONG KONG's total exports and imports of goods were 756786.3016 million and were up 25.29% comparing to the same period of last year. Among these, exports were 366099.2840 million and up 24.76%; imports were 390687.0176 million and up 25.78%. The total trade deficit was 24587.7335 million and up 43.06%.

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 202107, HONG KONG's imports and exports to five countries/territories were 380011.3942 million, 64021.2614 million, 35152.4727 million, 33448.4206 million, 30662.5301 million. These values correspond to 50.21%, 8.46%, 4.64%, 4.42%, 4.05% of HONG KONG's imports and exports, and, respectively, were up 32.11%, up 39.68%, down 4.99%, up 32.34%, up 13.14% comparing to the same period of last year.

Current year until 202107, 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 202107, HONG KONG's exports to these five countries/territories were 219329.8650 million, 21174.6212 million, 10355.3541 million, 8628.3392 million, 8527.6955 million. These values correspond to 59.91%, 5.78%, 2.83%, 2.36%, 2.33% of HONG KONG's exports and, respectively, were up 36.42%, down 12.78%, up 41.48%, up 31.82%, up 5.14% comparing with the same period of last year.

Current year until 202107, 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 202107, HONG KONG's imports from these five countries/territories were 160681.5292 million, 53665.9073 million, 27812.7843 million, 22134.8346 million, 13977.8515 million. These values correspond to 41.13%, 13.74%, 7.12%, 5.67%, 3.58% of HONG KONG's total imports and, respectively, were up 26.65%, up 39.34%, up 29.89%, up 16.56%, up 9.87% comparing with the same period of last year.

During the current year until 202107, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, MACAO, NETHERLANDS, UNITED KINGDOM at 58648.3358 million, 7196.7697 million, 4835.6238 million, 4373.8492 million, 1517.5314 million, and up 72.97%, down 37.72%, up 101.67%, up 18.67%, down 7.17%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, THAILAND at 43310.5532 million, 22177.1480 million, 13607.1391 million, 10895.4269 million, 4170.2138 million, and up 38.84%, up 26.36%, up 25.07%, up 3.58%, up 27.21%.

Current year until 202107, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202107,  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 436963.3095 million, 93134.7832 million, 82300.3229 million, 22437.5841 million, 9883.9080 million, which were up 30.47%, up 17.08%, up 24.71%, up 12.91%, up 19.38% comparing with the same period of last year and account for 57.74%, 12.31%, 10.87%, 2.96%, 1.31% of HONG KONG's total imports and exports.

During the current year until 202107, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 216069.2059 million, 49769.3203 million, 40097.9222 million, 11168.7851 million, 5195.0206 million. These values correspond to 59.02%, 13.59%, 10.95%, 3.05%, 1.42% of HONG KONG's total exports and, respectively, were up 31.85%, up 18.25%, up 12.94%, up 10.54%, up 18.37% comparing to the same period of last year.

During the current year until 202107, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 220894.1035 million, 43365.4629 million, 42202.4007 million, 11268.7989 million, 5884.8354 million. These values correspond to 56.54%, 11.10%, 10.80%, 2.88%, 1.51% of HONG KONG's total exports and, respectively, were up 29.14%, up 15.76%, up 38.42%, up 15.37%, up 2.95% comparing to the same period of last year.

2. Current year until 202107, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202107, HONG KONG-China binational exports and imports of goods amounted to 380011.3942 million and were up 32.11% comparing with the same period of last year. Among these, exports from HONG KONG to China were 219329.8650 million and up 36.42%, imports from China to HONG KONG were 160681.5292 million and up 26.65%. The total binational trade surplus was 58648.3358 million and up 72.97%.

During the urrent year until 202107, 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 246052.7785 million, 48895.0443 million, 24452.7849 million, 12055.4282 million, 5485.8387 million and makes up 64.75%, 12.87%, 6.43%, 3.17%, 1.44% of the total binational imports and exports. These values were also up 32.43%, up 21.11%, up 192.76%, up 7.35%, up 18.80% comparing to the same period last year.

During the current year until 202107, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 146573.2723 million, 27246.4448 million, 17130.0912 million, 6192.9997 million, 3734.7975 million. These values account for 66.83%, 12.42%, 7.81%, 2.82%, 1.70% of HONG KONG's total exports and were up 35.74%, up 23.27%, up 218.16%, up 3.03%, up 20.30% comparing to the same period of last year.

During the current year until 202107, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 99479.5062 million, 21648.5995 million, 7322.6937 million, 5862.4285 million, 3022.9684 million. These values account for 61.91%, 13.47%, 4.56%, 3.65%, 1.88% of HONG KONG's total imports and were up 27.84%, up 18.50%, up 146.68%, up 12.32%, up 3.03% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Hong Kong Census & Statistics Department