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Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202110

 1.  Overview the trade of HONG KONG in goods current year until 202110

According to Dalian Infobank, in 202110HONG KONG's exports and imports of goods amounted to 119415.3031 million, and were up 21.76% comparing with the same period of last year. Among these, exports were up 21.21% at 57662.1517 million, and imports were up 22.27% at 61753.1514 million. And the corresponding trade deficit was 4090.9997 million and up 39.47%.

During the current year until 202110, HONG KONG's total exports and imports of goods were 1120048.3597 million and were up 23.13% comparing to the same period of last year. Among these, exports were 541864.2445 million and up 21.25%; imports were 578184.1152 million and up 24.94%. The total trade deficit was 36319.8707 million and up 128.79%.

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 202110, HONG KONG's imports and exports to five countries/territories were 562878.1296 million, 94430.3716 million, 52723.2297 million, 50406.9243 million, 44941.3149 million. These values correspond to 50.25%, 8.43%, 4.71%, 4.50%, 4.01% of HONG KONG's imports and exports, and, respectively, were up 29.41%, up 37.02%, up 1.51%, up 37.14%, up 14.06% comparing to the same period of last year.

Current year until 202110, 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 202110, HONG KONG's exports to these five countries/territories were 324069.8086 million, 32448.1038 million, 15289.7980 million, 14040.1846 million, 12380.8713 million. These values correspond to 59.81%, 5.99%, 2.82%, 2.59%, 2.28% of HONG KONG's exports and, respectively, were up 33.00%, down 5.02%, up 43.67%, up 25.92%, up 7.96% comparing with the same period of last year.

Current year until 202110, 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 202110, HONG KONG's imports from these five countries/territories were 238808.3210 million, 79140.5736 million, 42235.5660 million, 32560.4435 million, 20275.1259 million. These values correspond to 41.30%, 13.69%, 7.30%, 5.63%, 3.51% of HONG KONG's total imports and, respectively, were up 24.83%, up 35.81%, up 35.69%, up 16.56%, up 14.07% comparing with the same period of last year.

During the current year until 202110, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, NETHERLANDS, MACAO, INDIA at 85261.4876 million, 12172.9779 million, 6777.8470 million, 6534.0703 million, 2399.4688 million, and up 62.82%, down 25.72%, up 25.55%, up 71.64%, down 29.44%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, SWITZERLAND at 63850.7756 million, 34064.2077 million, 20179.5722 million, 15718.4465 million, 6292.2458 million, and up 34.05%, up 33.58%, up 22.54%, up 2.79%, down 191.12%.

Current year until 202110, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202110,  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 644695.8599 million, 141238.2988 million, 121732.4406 million, 33245.2082 million, 14500.6137 million, which were up 27.05%, up 22.32%, up 16.64%, up 13.74%, up 18.10% comparing with the same period of last year and account for 57.56%, 12.61%, 10.87%, 2.97%, 1.29% of HONG KONG's total imports and exports.

During the current year until 202110, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 318120.6705 million, 75176.6425 million, 59239.0759 million, 16401.6071 million, 7652.1422 million. These values correspond to 58.71%, 13.87%, 10.93%, 3.03%, 1.41% of HONG KONG's total exports and, respectively, were up 27.27%, up 23.33%, up 0.52%, up 10.15%, up 17.95% comparing to the same period of last year.

During the current year until 202110, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 326575.1893 million, 66061.6563 million, 62493.3647 million, 16843.6011 million, 9127.7569 million. These values correspond to 56.48%, 11.43%, 10.81%, 2.91%, 1.58% of HONG KONG's total exports and, respectively, were up 26.84%, up 21.19%, up 37.54%, up 17.48%, up 20.20% comparing to the same period of last year.


2. Current year until 202110, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202110, HONG KONG-China binational exports and imports of goods amounted to 562878.1296 million and were up 29.41% comparing with the same period of last year. Among these, exports from HONG KONG to China were 324069.8086 million and up 33.00%, imports from China to HONG KONG were 238808.3210 million and up 24.83%. The total binational trade surplus was 85261.4876 million and up 62.82%.

During the urrent year until 202110, 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 361521.2074 million, 74174.3470 million, 37523.7381 million, 17996.9204 million, 8079.9141 million and makes up 64.23%, 13.18%, 6.67%, 3.20%, 1.44% of the total binational imports and exports. These values were also up 27.30%, up 26.07%, up 163.68%, up 9.75%, up 18.24% comparing to the same period last year.

During the current year until 202110, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 214230.9952 million, 40912.5841 million, 27144.8862 million, 9104.7486 million, 5480.1263 million. These values account for 66.11%, 12.62%, 8.38%, 2.81%, 1.69% of HONG KONG's total exports and were up 29.45%, up 28.11%, up 201.65%, up 2.27%, up 19.03% comparing to the same period of last year.

During the current year until 202110, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 147290.2122 million, 33261.7629 million, 10378.8520 million, 8892.1717 million, 4521.6156 million. These values account for 61.68%, 13.93%, 4.35%, 3.72%, 1.89% of HONG KONG's total imports and were up 24.29%, up 23.65%, up 98.36%, up 18.63%, up 13.35% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Hong Kong Census & Statistics Department