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Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202205

 1.  Overview the trade of HONG KONG in goods current year until 202205

According to Dalian Infobank, in 202205HONG KONG's exports and imports of goods amounted to 109658.4871 million, and were down 0.07% comparing with the same period of last year. Among these, exports were down 2.50% at 51593.7375 million, and imports were up 2.19% at 58064.7496 million. And the corresponding trade deficit was 6471.0121 million and up 65.59%.

During the current year until 202205, HONG KONG's total exports and imports of goods were 533875.2508 million and were up 1.88% comparing to the same period of last year. Among these, exports were 256494.5630 million and up 0.89%; imports were 277380.6879 million and up 2.81%. The total trade deficit was 20886.1249 million and up 34.04%.

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 202205, HONG KONG's imports and exports to five countries/territories were 249485.0337 million, 52741.1438 million, 26581.9502 million, 25679.8717 million, 21335.3610 million. These values correspond to 46.73%, 9.88%, 4.98%, 4.81%, 4.00% of HONG KONG's imports and exports, and, respectively, were down 4.70%, up 19.43%, up 11.70%, up 11.88%, up 0.53% comparing to the same period of last year.

Current year until 202205, 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 202205, HONG KONG's exports to these five countries/territories were 143633.2947 million, 16985.8506 million, 9813.6828 million, 9201.0029 million, 6476.7882 million. These values correspond to 56.00%, 6.62%, 3.83%, 3.59%, 2.53% of HONG KONG's exports and, respectively, were down 5.67%, up 21.28%, up 63.20%, up 27.75%, up 21.25% comparing with the same period of last year.

Current year until 202205, 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 202205, HONG KONG's imports from these five countries/territories were 105851.7389 million, 43540.1409 million, 21507.1423 million, 15329.8692 million, 11112.6421 million. These values correspond to 38.16%, 15.70%, 7.75%, 5.53%, 4.01% of HONG KONG's total imports and, respectively, were down 3.37%, up 17.81%, up 13.10%, down 0.25%, up 14.27% comparing with the same period of last year.

During the current year until 202205, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, INDIA, NETHERLANDS, MACAO at 37781.5558 million, 7389.7510 million, 4204.4713 million, 3609.2179 million, 3510.3005 million, and down 11.56%, up 75.43%, up 1725.09%, up 17.08%, up 1.38%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, SWITZERLAND at 34339.1381 million, 17334.4129 million, 9324.3775 million, 8762.4893 million, 2963.6955 million, and up 15.40%, up 14.96%, down 1.98%, up 11.64%, up 22.02%.

Current year until 202205, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202205,  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 314359.6747 million, 67391.0919 million, 56710.3428 million, 11964.3301 million, 6272.3879 million, which were up 3.62%, up 7.19%, down 0.22%, down 23.01%, up 0.78% comparing with the same period of last year and account for 58.88%, 12.62%, 10.62%, 2.24%, 1.17% of HONG KONG's total imports and exports.

During the current year until 202205, 85, 84, 71, 90, 91 were HONG KONG's top five traded commodities, with total import and export values of 156681.0650 million, 35739.9951 million, 25421.8164 million, 6207.6237 million, 2921.8637 million. These values correspond to 61.09%, 13.93%, 9.91%, 2.42%, 1.14% of HONG KONG's total exports and, respectively, were up 4.49%, up 4.60%, down 8.96%, down 20.52%, down 0.32% comparing to the same period of last year.

During the current year until 202205, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 157678.6097 million, 31651.0968 million, 31288.5264 million, 5756.7063 million, 5565.9954 million. These values correspond to 56.85%, 11.41%, 11.28%, 2.08%, 2.01% of HONG KONG's total exports and, respectively, were up 2.76%, up 10.27%, up 8.21%, down 25.52%, up 39.40% comparing to the same period of last year.


2. Current year until 202205, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202205, HONG KONG-China binational exports and imports of goods amounted to 249485.0337 million and were down 4.70% comparing with the same period of last year. Among these, exports from HONG KONG to China were 143633.2947 million and down 5.67%, imports from China to HONG KONG were 105851.7389 million and down 3.37%. The total binational trade surplus was 37781.5558 million and down 11.56%.

During the urrent year until 202205, 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 166093.7333 million, 32399.9916 million, 14578.6004 million, 5715.6079 million, 2988.5967 million and makes up 66.57%, 12.99%, 5.84%, 2.29%, 1.20% of the total binational imports and exports. These values were also down 2.81%, down 1.27%, down 8.97%, down 30.91%, down 21.54% comparing to the same period last year.

During the current year until 202205, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 100092.2532 million, 17314.1682 million, 9395.3832 million, 3184.7708 million, 1945.0819 million. These values account for 69.69%, 12.05%, 6.54%, 2.22%, 1.35% of HONG KONG's total exports and were down 2.00%, down 6.16%, down 15.96%, down 26.59%, down 25.66% comparing to the same period of last year.

During the current year until 202205, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 66001.4800 million, 15085.8234 million, 5183.2172 million, 2530.8371 million, 2330.5742 million. These values account for 62.35%, 14.25%, 4.90%, 2.39%, 2.20% of HONG KONG's total imports and were down 4.02%, up 5.01%, up 7.19%, down 35.67%, up 11.03% comparing with the same period of last year.


3.Analysis of import and export trends


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