1.  Overview the trade of HONG KONG in goods current year until 202111

According to Dalian Infobank, in 202111, HONG KONG's exports and imports of goods amounted to 129851.2364 million, and were up 22.72% comparing with the same period of last year. Among these, exports were up 22.98% at 64555.1868 million, and imports were up 22.47% at 65296.0495 million. And the corresponding trade deficit was 740.8627 million and down 10.23%.

During the current year until 202111, HONG KONG's total exports and imports of goods were 1249899.5978 million and were up 23.08% comparing to the same period of last year. Among these, exports were 606419.4330 million and up 21.43%; imports were 643480.1649 million and up 24.68%. The total trade deficit was 37060.7319 million and up 121.92%.

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 202111, HONG KONG's imports and exports to five countries/territories were 629508.8375 million, 104661.6548 million, 59532.8717 million, 56107.6815 million, 49618.0446 million. These values correspond to 50.36%, 8.37%, 4.76%, 4.49%, 3.97% of HONG KONG's imports and exports, and, respectively, were up 29.07%, up 36.99%, up 4.53%, up 36.57%, up 13.53% comparing to the same period of last year.

Current year until 202111, 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 202111, HONG KONG's exports to these five countries/territories were 362665.2471 million, 36530.2170 million, 17198.4633 million, 15595.9937 million, 13866.6475 million. These values correspond to 59.80%, 6.02%, 2.84%, 2.57%, 2.29% of HONG KONG's exports and, respectively, were up 32.82%, down 2.04%, up 45.61%, up 27.78%, up 8.26% comparing with the same period of last year.

Current year until 202111, 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 202111, HONG KONG's imports from these five countries/territories were 266843.5903 million, 87463.1916 million, 47041.5385 million, 35751.3970 million, 23002.6546 million. These values correspond to 41.47%, 13.59%, 7.31%, 5.56%, 3.57% of HONG KONG's total imports and, respectively, were up 24.29%, up 35.42%, up 35.10%, up 15.72%, up 16.97% comparing with the same period of last year.

During the current year until 202111, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, NETHERLANDS, MACAO, INDIA at 95821.6568 million, 13527.5624 million, 7764.6762 million, 7379.6307 million, 3019.5725 million, and up 64.24%, down 23.24%, up 26.04%, up 63.51%, down 11.69%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, SWITZERLAND at 70264.7283 million, 37975.3955 million, 21884.7495 million, 17289.9502 million, 6876.9177 million, and up 33.14%, up 32.99%, up 21.01%, up 2.34%, down 191.49%.

Current year until 202111, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202111,  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 718709.4533 million, 158789.2207 million, 135888.6726 million, 36965.5133 million, 15989.5983 million, which were up 26.43%, up 23.63%, up 17.39%, up 13.69%, up 16.86% comparing with the same period of last year and account for 57.50%, 12.70%, 10.87%, 2.96%, 1.28% of HONG KONG's total imports and exports.

During the current year until 202111, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 355919.7689 million, 84842.4691 million, 66166.2939 million, 18253.9293 million, 8450.1905 million. These values correspond to 58.69%, 13.99%, 10.91%, 3.01%, 1.39% of HONG KONG's total exports and, respectively, were up 26.99%, up 25.29%, up 0.83%, up 10.13%, up 16.83% comparing to the same period of last year.

During the current year until 202111, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 362789.6844 million, 73946.7516 million, 69722.3787 million, 18711.5840 million, 10493.6719 million. These values correspond to 56.38%, 11.49%, 10.84%, 2.91%, 1.63% of HONG KONG's total exports and, respectively, were up 25.89%, up 21.79%, up 39.06%, up 17.39%, up 28.38% comparing to the same period of last year.

2. Current year until 202111, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202111, HONG KONG-China binational exports and imports of goods amounted to 629508.8375 million and were up 29.07% comparing with the same period of last year. Among these, exports from HONG KONG to China were 362665.2471 million and up 32.82%, imports from China to HONG KONG were 266843.5903 million and up 24.29%. The total binational trade surplus was 95821.6568 million and up 64.24%.

During the urrent year until 202111, 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 403422.7733 million, 83357.3055 million, 43208.9750 million, 20068.3863 million, 8912.5370 million and makes up 64.09%, 13.24%, 6.86%, 3.19%, 1.42% of the total binational imports and exports. These values were also up 26.44%, up 27.33%, up 158.38%, up 9.83%, up 16.64% comparing to the same period last year.

During the current year until 202111, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 239068.3720 million, 46182.4257 million, 31147.3751 million, 10156.0970 million, 6019.7161 million. These values account for 65.92%, 12.73%, 8.59%, 2.80%, 1.66% of HONG KONG's total exports and were up 28.64%, up 30.82%, up 196.55%, up 2.20%, up 17.01% comparing to the same period of last year.

During the current year until 202111, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 164354.4013 million, 37174.8798 million, 12061.5999 million, 9912.2893 million, 4925.9877 million. These values account for 61.59%, 13.93%, 4.52%, 3.71%, 1.85% of HONG KONG's total imports and were up 23.37%, up 23.24%, up 93.92%, up 18.92%, up 15.87% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Hong Kong Census & Statistics Department