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Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202209

 1.  Overview the trade of HONG KONG in goods current year until 202209

According to Dalian Infobank, in 202209HONG KONG's exports and imports of goods amounted to 113631.4530 million, and were down 8.81% comparing with the same period of last year. Among these, exports were down 10.50% at 53825.6664 million, and imports were down 7.23% at 59805.7867 million. And the corresponding trade deficit was 5980.1203 million and up 38.25%.

During the current year until 202209, HONG KONG's total exports and imports of goods were 976763.7123 million and were down 2.39% comparing to the same period of last year. Among these, exports were 466917.3091 million and down 3.57%; imports were 509846.4032 million and down 1.28%. The total trade deficit was 42929.0941 million and up 33.20%.

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 202209, HONG KONG's imports and exports to five countries/territories were 460225.2808 million, 92931.2579 million, 46862.6528 million, 45665.4803 million, 38029.2946 million. These values correspond to 47.12%, 9.51%, 4.80%, 4.68%, 3.89% of HONG KONG's imports and exports, and, respectively, were down 8.67%, up 9.57%, up 0.80%, up 2.04%, down 5.99% comparing to the same period of last year.

Current year until 202209, 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 202209, HONG KONG's exports to these five countries/territories were 268657.5925 million, 29448.7303 million, 17655.0772 million, 15680.6026 million, 11332.3583 million. These values correspond to 57.54%, 6.31%, 3.78%, 3.36%, 2.43% of HONG KONG's exports and, respectively, were down 7.38%, up 3.03%, up 43.64%, up 15.11%, up 19.32% comparing with the same period of last year.

Current year until 202209, 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 202209, HONG KONG's imports from these five countries/territories were 191567.6883 million, 77250.6553 million, 37698.0929 million, 27766.1289 million, 20815.4809 million. These values correspond to 37.57%, 15.15%, 7.39%, 5.45%, 4.08% of HONG KONG's total imports and, respectively, were down 10.43%, up 8.51%, up 0.86%, down 5.23%, up 16.33% comparing with the same period of last year.

During the current year until 202209, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, INDIA, NETHERLANDS, MACAO at 77089.9042 million, 12034.8078 million, 7446.0261 million, 6378.9827 million, 5459.7022 million, and up 1.19%, up 12.75%, up 301.03%, up 8.32%, down 9.82%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, SWITZERLAND at 61570.0527 million, 29730.7055 million, 17502.9633 million, 16587.2712 million, 5879.7326 million, and up 6.95%, down 0.90%, down 3.53%, up 15.75%, up 33.37%.

Current year until 202209, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202209,  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 567633.8092 million, 120355.7966 million, 118195.2786 million, 23061.2452 million, 11417.3733 million, which were down 1.72%, down 4.59%, up 10.50%, down 22.68%, up 36.91% comparing with the same period of last year and account for 58.11%, 12.32%, 12.10%, 2.36%, 1.17% of HONG KONG's total imports and exports.

During the current year until 202209, 85, 84, 71, 90, 91 were HONG KONG's top five traded commodities, with total import and export values of 281567.0740 million, 63189.9650 million, 53467.0036 million, 11863.4682 million, 5361.3336 million. These values correspond to 60.30%, 13.53%, 11.45%, 2.54%, 1.15% of HONG KONG's total exports and, respectively, were down 1.13%, down 6.40%, up 2.39%, down 19.70%, down 4.11% comparing to the same period of last year.

During the current year until 202209, 85, 71, 84, 90, 27 were HONG KONG's top five traded commodities, with total import values of 286066.7352 million, 64728.2749 million, 57165.8316 million, 11197.7770 million, 10860.9327 million. These values correspond to 56.11%, 12.70%, 11.21%, 2.20%, 2.13% of HONG KONG's total exports and, respectively, were down 2.29%, up 18.23%, down 2.50%, down 25.61%, up 38.14% comparing to the same period of last year.


2. Current year until 202209, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202209, HONG KONG-China binational exports and imports of goods amounted to 460225.2808 million and were down 8.67% comparing with the same period of last year. Among these, exports from HONG KONG to China were 268657.5925 million and down 7.38%, imports from China to HONG KONG were 191567.6883 million and down 10.43%. The total binational trade surplus was 77089.9042 million and up 1.19%.

During the urrent year until 202209, 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 299479.6640 million, 58054.9830 million, 35742.2339 million, 11371.5239 million, 5190.4843 million and makes up 65.07%, 12.61%, 7.77%, 2.47%, 1.13% of the total binational imports and exports. These values were also down 7.73%, down 13.00%, up 10.52%, down 29.93%, down 28.96% comparing to the same period last year.

During the current year until 202209, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 181735.8192 million, 31105.8618 million, 25658.0366 million, 6383.4480 million, 3134.6315 million. These values account for 67.65%, 11.58%, 9.55%, 2.38%, 1.17% of HONG KONG's total exports and were down 5.70%, down 16.13%, up 11.85%, down 22.63%, down 36.75% comparing to the same period of last year.

During the current year until 202209, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities importing from China , with import values of 117743.8448 million, 26949.1212 million, 10084.1973 million, 4988.0759 million, 4846.6635 million. These values account for 61.46%, 14.07%, 5.26%, 2.60%, 2.53% of HONG KONG's total imports and were down 10.70%, down 9.07%, up 7.27%, down 37.48%, up 23.64% comparing with the same period of last year.


3.Analysis of import and export trends


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