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Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202109

 1.  Overview the trade of HONG KONG in goods current year until 202109

According to Dalian Infobank, in 202109HONG KONG's exports and imports of goods amounted to 124602.8231 million, and were up 15.98% comparing with the same period of last year. Among these, exports were up 8.76% at 60138.5644 million, and imports were up 23.64% at 64464.2587 million. And the corresponding trade deficit was 4325.6943 million and down 237.10%.

During the current year until 202109, HONG KONG's total exports and imports of goods were 1000633.0566 million and were up 23.29% comparing to the same period of last year. Among these, exports were 484202.0928 million and up 21.25%; imports were 516430.9638 million and up 25.26%. The total trade deficit was 32228.8710 million and up 149.04%.

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 202109, HONG KONG's imports and exports to five countries/territories were 503913.7773 million, 84812.8481 million, 46492.3901 million, 44752.3361 million, 40453.1758 million. These values correspond to 50.36%, 8.48%, 4.65%, 4.47%, 4.04% of HONG KONG's imports and exports, and, respectively, were up 29.76%, up 38.06%, down 0.97%, up 36.80%, up 15.10% comparing to the same period of last year.

Current year until 202109, 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 202109, HONG KONG's exports to these five countries/territories were 290048.8557 million, 28582.9609 million, 13621.9858 million, 12291.2039 million, 11154.6775 million. These values correspond to 59.90%, 5.90%, 2.81%, 2.54%, 2.30% of HONG KONG's exports and, respectively, were up 33.06%, down 7.60%, up 43.43%, up 25.51%, up 8.34% comparing with the same period of last year.

Current year until 202109, 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 202109, HONG KONG's imports from these five countries/territories were 213864.9216 million, 71190.8623 million, 37376.8031 million, 29298.4983 million, 17909.4293 million. These values correspond to 41.41%, 13.79%, 7.24%, 5.67%, 3.47% of HONG KONG's total imports and, respectively, were up 25.55%, up 37.07%, up 35.29%, up 17.90%, up 11.83% comparing with the same period of last year.

During the current year until 202109, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, MACAO, NETHERLANDS, INDIA at 76183.9341 million, 10673.5316 million, 6054.4508 million, 5888.9150 million, 1856.7341 million, and up 59.93%, down 28.46%, up 83.34%, up 22.25%, down 39.73%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, THAILAND at 57568.8766 million, 30001.2701 million, 18143.8207 million, 14330.4216 million, 5409.0914 million, and up 35.65%, up 33.11%, up 24.67%, up 4.32%, up 17.50%.

Current year until 202109, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202109,  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 577547.9054 million, 126145.6669 million, 106963.2529 million, 29825.8725 million, 13087.6191 million, which were up 27.81%, up 21.73%, up 14.24%, up 14.68%, up 19.38% comparing with the same period of last year and account for 57.72%, 12.61%, 10.69%, 2.98%, 1.31% of HONG KONG's total imports and exports.

During the current year until 202109, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 284778.4324 million, 67512.3209 million, 52217.4483 million, 14773.6452 million, 6899.5454 million. These values correspond to 58.81%, 13.94%, 10.78%, 3.05%, 1.42% of HONG KONG's total exports and, respectively, were up 27.71%, up 23.36%, down 1.24%, up 11.30%, up 18.72% comparing to the same period of last year.

During the current year until 202109, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 292769.4730 million, 58633.3459 million, 54745.8046 million, 15052.2273 million, 7862.5321 million. These values correspond to 56.69%, 11.35%, 10.60%, 2.91%, 1.52% of HONG KONG's total exports and, respectively, were up 27.91%, up 19.92%, up 34.31%, up 18.20%, up 13.70% comparing to the same period of last year.


2. Current year until 202109, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202109, HONG KONG-China binational exports and imports of goods amounted to 503913.7773 million and were up 29.76% comparing with the same period of last year. Among these, exports from HONG KONG to China were 290048.8557 million and up 33.06%, imports from China to HONG KONG were 213864.9216 million and up 25.55%. The total binational trade surplus was 76183.9341 million and up 59.93%.

During the urrent year until 202109, 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 324581.5053 million, 66726.0495 million, 32340.4119 million, 16229.1403 million, 7306.9042 million and makes up 64.41%, 13.24%, 6.42%, 3.22%, 1.45% of the total binational imports and exports. These values were also up 28.20%, up 25.63%, up 164.34%, up 10.48%, up 19.34% comparing to the same period last year.

During the current year until 202109, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 192729.7133 million, 37090.3190 million, 22939.6988 million, 8250.6409 million, 4955.8484 million. These values account for 66.45%, 12.79%, 7.91%, 2.84%, 1.71% of HONG KONG's total exports and were up 30.35%, up 27.87%, up 194.82%, up 3.75%, up 20.26% comparing to the same period of last year.

During the current year until 202109, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 131851.7920 million, 29635.7305 million, 9400.7131 million, 7978.4994 million, 3919.9029 million. These values account for 61.65%, 13.86%, 4.40%, 3.73%, 1.83% of HONG KONG's total imports and were up 25.19%, up 22.93%, up 111.10%, up 18.43%, up 6.90% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Hong Kong Census & Statistics Department