Close

Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202108

 1.  Overview the trade of HONG KONG in goods current year until 202108

According to Dalian Infobank, in 202108HONG KONG's exports and imports of goods amounted to 119243.9318 million, and were up 19.10% comparing with the same period of last year. Among these, exports were up 14.54% at 57964.2444 million, and imports were up 23.76% at 61279.6875 million. And the corresponding trade deficit was 3315.4431 million and down 403.93%.

During the current year until 202108, HONG KONG's total exports and imports of goods were 876030.2334 million and were up 24.41% comparing to the same period of last year. Among these, exports were 424063.5284 million and up 23.26%; imports were 451966.7050 million and up 25.50%. The total trade deficit was 27903.1766 million and up 73.35%.

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 202108, HONG KONG's imports and exports to five countries/territories were 439999.2644 million, 74357.8354 million, 40784.5574 million, 38891.8911 million, 35534.4975 million. These values correspond to 50.23%, 8.49%, 4.66%, 4.44%, 4.06% of HONG KONG's imports and exports, and, respectively, were up 31.54%, up 39.08%, down 2.94%, up 35.08%, up 14.64% comparing to the same period of last year.

Current year until 202108, 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 202108, HONG KONG's exports to these five countries/territories were 253964.6191 million, 24857.6592 million, 11978.7515 million, 10270.5108 million, 9902.8305 million. These values correspond to 59.89%, 5.86%, 2.82%, 2.42%, 2.34% of HONG KONG's exports and, respectively, were up 35.93%, down 9.77%, up 42.33%, up 23.34%, up 7.75% comparing with the same period of last year.

Current year until 202108, 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 202108, HONG KONG's imports from these five countries/territories were 186034.6453 million, 62379.0840 million, 32408.1968 million, 25631.6670 million, 15926.8982 million. These values correspond to 41.16%, 13.80%, 7.17%, 5.67%, 3.52% of HONG KONG's total imports and, respectively, were up 25.99%, up 38.47%, up 33.56%, up 17.55%, up 10.05% comparing with the same period of last year.

During the current year until 202108, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, MACAO, NETHERLANDS, UNITED KINGDOM at 67929.9738 million, 8930.7610 million, 5413.6317 million, 5168.5995 million, 1606.3216 million, and up 73.38%, down 31.70%, up 92.45%, up 22.27%, down 62.54%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, THAILAND at 50400.3325 million, 25924.5024 million, 15728.8365 million, 12559.0700 million, 4794.1925 million, and up 37.58%, up 31.34%, up 24.68%, up 5.33%, up 19.28%.

Current year until 202108, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202108,  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 505902.0254 million, 108919.2157 million, 94018.6955 million, 26074.0824 million, 11489.0431 million, which were up 29.74%, up 19.47%, up 17.14%, up 13.26%, up 19.84% comparing with the same period of last year and account for 57.75%, 12.43%, 10.73%, 2.98%, 1.31% of HONG KONG's total imports and exports.

During the current year until 202108, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 250210.3716 million, 58440.2821 million, 45503.5731 million, 12960.3031 million, 6040.0101 million. These values correspond to 59.00%, 13.78%, 10.73%, 3.06%, 1.42% of HONG KONG's total exports and, respectively, were up 30.63%, up 21.37%, up 3.46%, up 10.45%, up 18.92% comparing to the same period of last year.

During the current year until 202108, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 255691.6537 million, 50478.9336 million, 48515.1223 million, 13113.7794 million, 6893.4239 million. These values correspond to 56.57%, 11.17%, 10.73%, 2.90%, 1.53% of HONG KONG's total exports and, respectively, were up 28.89%, up 17.34%, up 33.73%, up 16.18%, up 7.36% comparing to the same period of last year.


2. Current year until 202108, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202108, HONG KONG-China binational exports and imports of goods amounted to 439999.2644 million and were up 31.54% comparing with the same period of last year. Among these, exports from HONG KONG to China were 253964.6191 million and up 35.93%, imports from China to HONG KONG were 186034.6453 million and up 25.99%. The total binational trade surplus was 67929.9738 million and up 73.38%.

During the urrent year until 202108, 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 284403.1159 million, 57340.8699 million, 27733.5837 million, 14100.2683 million, 6384.9951 million and makes up 64.64%, 13.03%, 6.30%, 3.20%, 1.45% of the total binational imports and exports. These values were also up 31.08%, up 23.94%, up 178.52%, up 8.50%, up 19.66% comparing to the same period last year.

During the current year until 202108, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 169463.5622 million, 31996.9783 million, 19587.3501 million, 7197.1579 million, 4342.2399 million. These values account for 66.73%, 12.60%, 7.71%, 2.83%, 1.71% of HONG KONG's total exports and were up 34.49%, up 26.48%, up 210.95%, up 2.59%, up 20.95% comparing to the same period of last year.

During the current year until 202108, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 114939.5536 million, 25343.8916 million, 8146.2335 million, 6903.1104 million, 3450.8452 million. These values account for 61.78%, 13.62%, 4.38%, 3.71%, 1.85% of HONG KONG's total imports and were up 26.36%, up 20.88%, up 122.69%, up 15.44%, up 3.63% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Hong Kong Census & Statistics Department