1.  Overview the trade of HONG KONG in goods current year until 202203

According to Dalian Infobank, in 202203, HONG KONG's exports and imports of goods amounted to 105606.7541 million, and were down 6.75% comparing with the same period of last year. Among these, exports were down 7.65% at 50541.7470 million, and imports were down 5.92% at 55065.0071 million. And the corresponding trade deficit was 4523.2601 million and up 18.94%.

During the current year until 202203, HONG KONG's total exports and imports of goods were 316541.8787 million and were up 4.06% comparing to the same period of last year. Among these, exports were 153849.0686 million and up 3.91%; imports were 162692.8101 million and up 4.21%. The total trade deficit was 8843.7415 million and up 9.76%.

If considering by country (region), CHINA, TAIWAN, SOUTH KOREA, UNITED STATES, JAPAN were HONG KONG's top five trading partners. During the current year until 202203, HONG KONG's imports and exports to five countries/territories were 150537.2009 million, 31870.5810 million, 15088.0423 million, 14895.1422 million, 12881.6152 million. These values correspond to 47.56%, 10.07%, 4.77%, 4.71%, 4.07% of HONG KONG's imports and exports, and, respectively, were down 0.50%, up 26.40%, up 13.38%, up 9.17%, up 1.64% comparing to the same period of last year.

Current year until 202203, HONG KONG and the top five trade partners CHINA, UNITED STATES, INDIA, TAIWAN, VIETNAM are the top five countries/territories that HONG KONG exports to in terms of the total export amount. During the current year until 202203, HONG KONG's exports to these five countries/territories were 88073.2341 million, 9649.1532 million, 5629.4225 million, 5620.1436 million, 3906.8723 million. These values correspond to 57.25%, 6.27%, 3.66%, 3.65%, 2.54% of HONG KONG's exports and, respectively, were up 1.27%, up 20.02%, up 45.38%, up 34.60%, up 19.74% comparing with the same period of last year.

Current year until 202203, HONG KONG's exports to top five countries/territories CHINA, TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA are the top five countries/territories that HONG KONG imports from in terms of the total export amount. During the current year until 202203, HONG KONG's imports from these five countries/territories were 62463.9667 million, 26250.4374 million, 12654.9979 million, 9035.1836 million, 6402.3157 million. These values correspond to 38.39%, 16.13%, 7.78%, 5.55%, 3.94% of HONG KONG's total imports and, respectively, were down 2.90%, up 24.78%, up 16.77%, down 1.54%, up 12.04% comparing with the same period of last year.

During the current year until 202203, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, INDIA, MACAO, NETHERLANDS at 25609.2674 million, 4403.1642 million, 2136.0179 million, 2101.5060 million, 2000.6936 million, and up 13.14%, up 80.80%, up 220.75%, up 5.25%, up 10.21%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, SWITZERLAND at 20630.2938 million, 10221.9536 million, 5188.7519 million, 5118.9708 million, 2232.3254 million, and up 22.34%, up 22.16%, down 8.65%, up 10.94%, up 180.43%.

Current year until 202203, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202203,  commodities with hs2 codes, 85, 84, 71, 90, 91, were HONG KONG's top five traded commodities. They correspond to the import and export values of 186911.5966 million, 40816.5261 million, 32659.7048 million, 7026.1873 million, 3763.3144 million, which were up 4.43%, up 13.62%, up 8.06%, down 23.41%, up 6.40% comparing with the same period of last year and account for 59.05%, 12.89%, 10.32%, 2.22%, 1.19% of HONG KONG's total imports and exports.

During the current year until 202203, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 93132.8910 million, 22110.2013 million, 15412.8085 million, 3640.4535 million, 1776.4962 million. These values correspond to 60.54%, 14.37%, 10.02%, 2.37%, 1.15% of HONG KONG's total exports and, respectively, were up 4.83%, up 12.70%, up 2.94%, down 20.93%, down 15.38% comparing to the same period of last year.

During the current year until 202203, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 93778.7056 million, 18706.3249 million, 17246.8963 million, 3385.7338 million, 3178.0054 million. These values correspond to 57.64%, 11.50%, 10.60%, 2.08%, 1.95% of HONG KONG's total exports and, respectively, were up 4.03%, up 14.74%, up 13.08%, down 25.91%, up 36.87% comparing to the same period of last year.

2. Current year until 202203, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202203, HONG KONG-China binational exports and imports of goods amounted to 150537.2009 million and were down 0.50% comparing with the same period of last year. Among these, exports from HONG KONG to China were 88073.2341 million and up 1.27%, imports from China to HONG KONG were 62463.9667 million and down 2.90%. The total binational trade surplus was 25609.2674 million and up 13.14%.

During the urrent year until 202203, 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 100109.4023 million, 19635.1563 million, 9166.0413 million, 3335.7617 million, 1815.5090 million and makes up 66.50%, 13.04%, 6.09%, 2.22%, 1.21% of the total binational imports and exports. These values were also down 0.94%, up 6.67%, up 25.18%, down 31.87%, down 17.87% comparing to the same period last year.

During the current year until 202203, 85, 84, 71, 90, 08 were the top five traded commodities exported to China from HONG KONG, with export values of 60409.2161 million, 10823.3393 million, 6455.0990 million, 1893.3947 million, 1443.0160 million. These values account for 68.59%, 12.29%, 7.33%, 2.15%, 1.64% of HONG KONG's total exports and were down 0.07%, up 8.25%, up 45.65%, down 26.78%, up 10.31% comparing to the same period of last year.

During the current year until 202203, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 39700.1862 million, 8811.8170 million, 2710.9424 million, 1442.3670 million, 1134.8774 million. These values account for 63.56%, 14.11%, 4.34%, 2.31%, 1.82% of HONG KONG's total imports and were down 2.23%, up 4.80%, down 6.20%, down 37.57%, down 5.01% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: