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Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202206

 1.  Overview the trade of HONG KONG in goods current year until 202206

According to Dalian Infobank, in 202206HONG KONG's exports and imports of goods amounted to 113968.9154 million, and were down 2.24% comparing with the same period of last year. Among these, exports were down 7.02% at 51916.6717 million, and imports were up 2.16% at 62052.2437 million. And the corresponding trade deficit was 10135.5721 million and up 106.50%.

During the current year until 202206, HONG KONG's total exports and imports of goods were 647844.1662 million and were up 1.13% comparing to the same period of last year. Among these, exports were 308411.2346 million and down 0.53%; imports were 339432.9316 million and up 2.69%. The total trade deficit was 31021.6970 million and up 51.40%.

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 202206, HONG KONG's imports and exports to five countries/territories were 303420.6450 million, 63653.6573 million, 31598.0168 million, 30391.5810 million, 25680.3221 million. These values correspond to 46.84%, 9.83%, 4.88%, 4.69%, 3.96% of HONG KONG's imports and exports, and, respectively, were down 5.76%, up 18.07%, up 8.56%, up 7.87%, down 1.54% comparing to the same period of last year.

Current year until 202206, 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 202206, HONG KONG's exports to these five countries/territories were 174458.9316 million, 20101.5082 million, 11613.2011 million, 10747.6434 million, 7686.6531 million. These values correspond to 56.57%, 6.52%, 3.77%, 3.48%, 2.49% of HONG KONG's exports and, respectively, were down 6.36%, up 15.79%, up 65.53%, up 22.42%, up 23.27% comparing with the same period of last year.

Current year until 202206, 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 202206, HONG KONG's imports from these five countries/territories were 128961.7134 million, 52906.0140 million, 25313.9202 million, 18570.5362 million, 13885.8186 million. These values correspond to 37.99%, 15.59%, 7.46%, 5.47%, 4.09% of HONG KONG's total imports and, respectively, were down 4.92%, up 17.22%, up 7.89%, down 1.53%, up 17.53% comparing with the same period of last year.

During the current year until 202206, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, INDIA, NETHERLANDS, MACAO at 45497.2182 million, 8604.9995 million, 4791.9282 million, 4269.2122 million, 4068.9260 million, and down 10.20%, up 53.25%, up 2929.26%, up 15.29%, down 1.98%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, SWITZERLAND at 42158.3706 million, 20236.2593 million, 11460.7502 million, 11016.1973 million, 3622.7688 million, and up 15.97%, up 7.93%, down 1.50%, up 15.49%, up 16.26%.

Current year until 202206, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202206,  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 378994.0255 million, 81491.0678 million, 72248.7373 million, 14893.9423 million, 7480.3542 million, which were up 2.19%, up 5.43%, up 2.60%, down 21.29%, down 2.10% comparing with the same period of last year and account for 58.50%, 12.58%, 11.15%, 2.30%, 1.15% of HONG KONG's total imports and exports.

During the current year until 202206, 85, 84, 71, 90, 91 were HONG KONG's top five traded commodities, with total import and export values of 187196.5312 million, 42808.1273 million, 32009.7161 million, 7692.7816 million, 3507.8137 million. These values correspond to 60.70%, 13.88%, 10.38%, 2.49%, 1.14% of HONG KONG's total exports and, respectively, were up 2.31%, up 2.91%, down 7.61%, down 18.63%, down 2.10% comparing to the same period of last year.

During the current year until 202206, 85, 71, 84, 90, 27 were HONG KONG's top five traded commodities, with total import values of 191797.4943 million, 40239.0212 million, 38682.9405 million, 7201.1607 million, 6732.0076 million. These values correspond to 56.51%, 11.85%, 11.40%, 2.12%, 1.98% of HONG KONG's total exports and, respectively, were up 2.08%, up 12.49%, up 8.37%, down 23.94%, up 40.99% comparing to the same period of last year.


2. Current year until 202206, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202206, HONG KONG-China binational exports and imports of goods amounted to 303420.6450 million and were down 5.76% comparing with the same period of last year. Among these, exports from HONG KONG to China were 174458.9316 million and down 6.36%, imports from China to HONG KONG were 128961.7134 million and down 4.92%. The total binational trade surplus was 45497.2182 million and down 10.20%.

During the urrent year until 202206, 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 199675.1717 million, 39646.2660 million, 19553.7937 million, 7248.0944 million, 3600.3122 million and makes up 65.81%, 13.07%, 6.44%, 2.39%, 1.19% of the total binational imports and exports. These values were also down 4.62%, down 2.71%, down 5.01%, down 28.60%, down 22.43% comparing to the same period last year.

During the current year until 202206, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 119853.1102 million, 21056.0051 million, 13180.6162 million, 4020.1779 million, 2289.9253 million. These values account for 68.70%, 12.07%, 7.56%, 2.30%, 1.31% of HONG KONG's total exports and were down 3.94%, down 7.19%, down 8.90%, down 23.31%, down 27.84% comparing to the same period of last year.

During the current year until 202206, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 79822.0615 million, 18590.2610 million, 6373.1775 million, 3227.9165 million, 2862.4288 million. These values account for 61.90%, 14.42%, 4.94%, 2.50%, 2.22% of HONG KONG's total imports and were down 5.62%, up 2.90%, up 4.18%, down 34.24%, up 13.67% comparing with the same period of last year.


3.Analysis of import and export trends


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