1. Overview the trade of HONG KONG in goods current year until 202208
According to Dalian Infobank, in 202208, HONG KONG's exports and imports of goods amounted to 107174.9505 million, and were down 10.12% comparing with the same period of last year. Among these, exports were down 9.83% at 52268.2340 million, and imports were down 10.40% at 54906.7165 million. And the corresponding trade deficit was 2638.4825 million and down 20.42%.
During the current year until 202208, HONG KONG's total exports and imports of goods were 863132.2592 million and were down 1.47% comparing to the same period of last year. Among these, exports were 413091.6427 million and down 2.59%; imports were 450040.6165 million and down 0.43%. The total trade deficit was 36948.9738 million and up 32.42%.
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 202208, HONG KONG's imports and exports to five countries/territories were 405686.2620 million, 82603.1094 million, 42198.3550 million, 39926.0525 million, 33977.5467 million. These values correspond to 47.00%, 9.57%, 4.89%, 4.63%, 3.94% of HONG KONG's imports and exports, and, respectively, were down 7.80%, up 11.09%, up 3.47%, up 2.66%, down 4.38% comparing to the same period of last year.
Current year until 202208, 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 202208, HONG KONG's exports to these five countries/territories were 236042.0630 million, 26657.9738 million, 15580.0506 million, 14123.6763 million, 10107.2688 million. These values correspond to 57.14%, 6.45%, 3.77%, 3.42%, 2.45% of HONG KONG's exports and, respectively, were down 7.06%, up 7.24%, up 51.70%, up 17.91%, up 20.80% comparing with the same period of last year.
Current year until 202208, 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 202208, HONG KONG's imports from these five countries/territories were 169644.1991 million, 68479.4330 million, 32614.4728 million, 24773.8944 million, 18280.7358 million. These values correspond to 37.70%, 15.22%, 7.25%, 5.50%, 4.06% of HONG KONG's total imports and, respectively, were down 8.81%, up 9.78%, up 0.64%, down 3.35%, up 16.75% comparing with the same period of last year.
During the current year until 202208, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, INDIA, NETHERLANDS, MACAO at 66397.8639 million, 11117.5925 million, 6509.5672 million, 5724.5262 million, 4765.6966 million, and down 2.26%, up 24.49%, up 559.27%, up 10.76%, down 11.97%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, CANADA at 54355.7567 million, 25302.8930 million, 15570.2420 million, 14444.8701 million, 5199.2904 million, and up 7.85%, down 2.40%, down 1.01%, up 15.02%, up 363.27%.
Current year until 202208, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202208, commodities with hs2 codes, 85, 84, 71, 90, 27, were HONG KONG's top five traded commodities. They correspond to the import and export values of 498202.7884 million, 108401.0206 million, 104778.1761 million, 20239.1751 million, 10198.2502 million, which were down 1.52%, down 0.48%, up 11.44%, down 22.38%, up 39.03% comparing with the same period of last year and account for 57.72%, 12.56%, 12.14%, 2.34%, 1.18% of HONG KONG's total imports and exports.
During the current year until 202208, 85, 84, 71, 90, 91 were HONG KONG's top five traded commodities, with total import and export values of 247237.2323 million, 57106.2466 million, 47240.5842 million, 10450.1716 million, 4695.5494 million. These values correspond to 59.85%, 13.82%, 11.44%, 2.53%, 1.14% of HONG KONG's total exports and, respectively, were down 1.19%, down 2.28%, up 3.82%, down 19.37%, down 4.26% comparing to the same period of last year.
During the current year until 202208, 85, 71, 84, 90, 27 were HONG KONG's top five traded commodities, with total import values of 250965.5561 million, 57537.5919 million, 51294.7740 million, 9789.0034 million, 9711.7439 million. These values correspond to 55.77%, 12.78%, 11.40%, 2.18%, 2.16% of HONG KONG's total exports and, respectively, were down 1.85%, up 18.60%, up 1.62%, down 25.35%, up 40.88% comparing to the same period of last year.
2. Current year until 202208, HONG KONG binational trade profile
According to Dalian Infobank, during the current year until 202208, HONG KONG-China binational exports and imports of goods amounted to 405686.2620 million and were down 7.80% comparing with the same period of last year. Among these, exports from HONG KONG to China were 236042.0630 million and down 7.06%, imports from China to HONG KONG were 169644.1991 million and down 8.81%. The total binational trade surplus was 66397.8639 million and down 2.26%.
During the urrent year until 202208, 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 262523.6998 million, 52056.3092 million, 31433.8212 million, 9981.3585 million, 4674.1616 million and makes up 64.71%, 12.83%, 7.75%, 2.46%, 1.15% of the total binational imports and exports. These values were also down 7.69%, down 9.22%, up 13.34%, down 29.21%, down 26.79% comparing to the same period last year.
During the current year until 202208, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 158517.5480 million, 27982.9378 million, 22560.4872 million, 5607.1122 million, 2870.6220 million. These values account for 67.16%, 11.86%, 9.56%, 2.38%, 1.22% of HONG KONG's total exports and were down 6.46%, down 12.55%, up 15.18%, down 22.09%, down 33.89% comparing to the same period of last year.
During the current year until 202208, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 104006.1518 million, 24073.3714 million, 8873.3341 million, 4374.2463 million, 4343.1898 million. These values account for 61.31%, 14.19%, 5.23%, 2.58%, 2.56% of HONG KONG's total imports and were down 9.51%, down 5.01%, up 8.93%, down 36.63%, up 25.86% comparing with the same period of last year.
3.Analysis of import and export trends
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