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Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202204

 1.  Overview the trade of HONG KONG in goods current year until 202204

According to Dalian Infobank, in 202204HONG KONG's exports and imports of goods amounted to 107674.8850 million, and were down 2.20% comparing with the same period of last year. Among these, exports were down 4.11% at 51051.7569 million, and imports were down 0.41% at 56623.1282 million. And the corresponding trade deficit was 5571.3713 million and up 54.06%.

During the current year until 202204, HONG KONG's total exports and imports of goods were 424216.7637 million and were up 2.40% comparing to the same period of last year. Among these, exports were 204900.8255 million and up 1.79%; imports were 219315.9383 million and up 2.97%. The total trade deficit was 14415.1128 million and up 23.48%.

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 202204, HONG KONG's imports and exports to five countries/territories were 199967.4914 million, 42484.2828 million, 21080.3659 million, 20126.9306 million, 17167.0874 million. These values correspond to 47.14%, 10.01%, 4.97%, 4.74%, 4.05% of HONG KONG's imports and exports, and, respectively, were down 3.45%, up 22.02%, up 13.75%, up 11.29%, up 1.64% comparing to the same period of last year.

Current year until 202204, 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 202204, HONG KONG's exports to these five countries/territories were 115606.1850 million, 13424.3132 million, 7540.3667 million, 7445.2696 million, 5299.9307 million. These values correspond to 56.42%, 6.55%, 3.68%, 3.63%, 2.59% of HONG KONG's exports and, respectively, were down 3.78%, up 22.72%, up 52.45%, up 32.10%, up 21.96% comparing with the same period of last year.

Current year until 202204, 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 202204, HONG KONG's imports from these five countries/territories were 84361.3064 million, 35039.0132 million, 16844.5051 million, 12255.1114 million, 8592.7860 million. These values correspond to 38.47%, 15.98%, 7.68%, 5.59%, 3.92% of HONG KONG's total imports and, respectively, were down 3.01%, up 20.07%, up 13.36%, down 0.51%, up 12.75% comparing with the same period of last year.

During the current year until 202204, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, INDIA, NETHERLANDS, MACAO at 31244.8787 million, 5768.2604 million, 3020.4404 million, 2854.9590 million, 2815.8943 million, and down 5.78%, up 72.43%, up 686.11%, up 16.80%, up 3.42%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, SWITZERLAND at 27593.7436 million, 13562.0796 million, 7343.1354 million, 6790.5542 million, 2230.3047 million, and up 17.19%, up 16.58%, down 5.19%, up 10.92%, up 6.19%.

Current year until 202204, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202204,  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 251569.7014 million, 53301.8937 million, 43077.1709 million, 9377.9373 million, 4984.8856 million, which were up 4.37%, up 9.02%, down 3.55%, down 23.70%, up 2.86% comparing with the same period of last year and account for 59.30%, 12.56%, 10.15%, 2.21%, 1.18% of HONG KONG's total imports and exports.

During the current year until 202204, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 125797.4085 million, 28327.4479 million, 19762.6623 million, 4833.7223 million, 2330.4395 million. These values correspond to 61.39%, 13.82%, 9.64%, 2.36%, 1.14% of HONG KONG's total exports and, respectively, were up 5.68%, up 6.08%, down 11.66%, down 21.95%, down 19.05% comparing to the same period of last year.

During the current year until 202204, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 125772.2929 million, 24974.4458 million, 23314.5086 million, 4544.2151 million, 4324.8610 million. These values correspond to 57.35%, 11.39%, 10.63%, 2.07%, 1.97% of HONG KONG's total exports and, respectively, were up 3.10%, up 12.57%, up 4.59%, down 25.49%, up 46.82% comparing to the same period of last year.


2. Current year until 202204, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202204, HONG KONG-China binational exports and imports of goods amounted to 199967.4914 million and were down 3.45% comparing with the same period of last year. Among these, exports from HONG KONG to China were 115606.1850 million and down 3.78%, imports from China to HONG KONG were 84361.3064 million and down 3.01%. The total binational trade surplus was 31244.8787 million and down 5.78%.

During the urrent year until 202204, 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 133744.6650 million, 25673.8627 million, 11694.1052 million, 4442.1521 million, 2379.5408 million and makes up 66.88%, 12.84%, 5.85%, 2.22%, 1.19% of the total binational imports and exports. These values were also down 1.81%, up 1.42%, down 5.78%, down 32.54%, down 21.37% comparing to the same period last year.

During the current year until 202204, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 80682.9519 million, 13763.8757 million, 7740.7376 million, 2472.0786 million, 1589.7936 million. These values account for 69.79%, 11.91%, 6.70%, 2.14%, 1.38% of HONG KONG's total exports and were down 0.72%, down 1.92%, down 10.25%, down 28.96%, down 23.54% comparing to the same period of last year.

During the current year until 202204, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 53061.7131 million, 11909.9870 million, 3953.3676 million, 1970.0735 million, 1707.5297 million. These values account for 62.90%, 14.12%, 4.69%, 2.34%, 2.02% of HONG KONG's total imports and were down 3.42%, up 5.56%, up 4.40%, down 36.56%, up 6.03% comparing with the same period of last year.


3.Analysis of import and export trends


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