1. Overview the trade of HONG KONG in goods current year until 202211
According to Dalian Infobank, in 202211, HONG KONG's exports and imports of goods amounted to 99229.2707 million, and were down 23.58% comparing with the same period of last year. Among these, exports were down 26.38% at 47528.4282 million, and imports were down 20.82% at 51700.8424 million. And the corresponding trade deficit was 4172.4142 million and up 463.18%.
During the current year until 202211, HONG KONG's total exports and imports of goods were 1178042.2739 million and were down 5.75% comparing to the same period of last year. Among these, exports were 563735.7619 million and down 7.04%; imports were 614306.5120 million and down 4.53%. The total trade deficit was 50570.7501 million and up 36.45%.
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 202211, HONG KONG's imports and exports to five countries/territories were 554643.6952 million, 110221.9476 million, 56499.5648 million, 55695.7797 million, 45298.2166 million. These values correspond to 47.08%, 9.36%, 4.80%, 4.73%, 3.85% of HONG KONG's imports and exports, and, respectively, were down 11.89%, up 5.31%, down 5.10%, down 0.73%, down 8.71% comparing to the same period of last year.
Current year until 202211, 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 202211, HONG KONG's exports to these five countries/territories were 322432.4649 million, 35507.3809 million, 20967.4330 million, 18948.7484 million, 13416.4187 million. These values correspond to 57.20%, 6.30%, 3.72%, 3.36%, 2.38% of HONG KONG's exports and, respectively, were down 11.09%, down 2.80%, up 34.44%, up 10.18%, up 11.84% comparing with the same period of last year.
Current year until 202211, 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 202211, HONG KONG's imports from these five countries/territories were 232211.2302 million, 91273.1992 million, 46098.6508 million, 33081.6339 million, 25054.1210 million. These values correspond to 37.80%, 14.86%, 7.50%, 5.39%, 4.08% of HONG KONG's total imports and, respectively, were down 12.98%, up 4.36%, down 2.00%, down 7.47%, up 14.32% comparing with the same period of last year.
During the current year until 202211, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, NETHERLANDS, INDIA, MACAO at 90221.2347 million, 14515.1971 million, 8366.4345 million, 8240.1940 million, 6927.1571 million, and down 5.84%, up 7.30%, up 7.75%, up 172.89%, down 6.13%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, SWITZERLAND at 72324.4508 million, 36501.5220 million, 20865.0513 million, 19899.0297 million, 6556.5267 million, and up 2.93%, down 3.88%, down 4.66%, up 15.09%, down 4.66%.
Current year until 202211, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202211, 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 687081.5180 million, 144982.0177 million, 140570.4328 million, 27987.1998 million, 14100.4309 million, which were down 4.40%, down 8.70%, up 3.45%, down 24.29%, up 27.22% comparing with the same period of last year and account for 58.32%, 12.31%, 11.93%, 2.38%, 1.20% of HONG KONG's total imports and exports.
During the current year until 202211, 85, 84, 71, 90, 91 were HONG KONG's top five traded commodities, with total import and export values of 342434.3527 million, 76083.1650 million, 62852.8891 million, 14321.6848 million, 6530.6087 million. These values correspond to 60.74%, 13.50%, 11.15%, 2.54%, 1.16% of HONG KONG's total exports and, respectively, were down 3.79%, down 10.32%, down 5.01%, down 21.54%, down 6.49% comparing to the same period of last year.
During the current year until 202211, 85, 71, 84, 90, 27 were HONG KONG's top five traded commodities, with total import values of 344647.1654 million, 77717.5437 million, 68898.8527 million, 13665.5150 million, 13391.7563 million. These values correspond to 56.10%, 12.65%, 11.22%, 2.22%, 2.18% of HONG KONG's total exports and, respectively, were down 5.00%, up 11.47%, down 6.83%, down 26.97%, up 27.62% comparing to the same period of last year.
2. Current year until 202211, HONG KONG binational trade profile
According to Dalian Infobank, during the current year until 202211, HONG KONG-China binational exports and imports of goods amounted to 554643.6952 million and were down 11.89% comparing with the same period of last year. Among these, exports from HONG KONG to China were 322432.4649 million and down 11.09%, imports from China to HONG KONG were 232211.2302 million and down 12.98%. The total binational trade surplus was 90221.2347 million and down 5.84%.
During the urrent year until 202211, commodities with hs2 code, 85, 84, 71, 90, 27, were binational trade's top five traded commodities. They correspond to import and export values of 362337.7998 million, 69297.8027 million, 42116.5357 million, 13731.6411 million, 6469.1017 million and makes up 65.33%, 12.49%, 7.59%, 2.48%, 1.17% of the total binational imports and exports. These values were also down 10.18%, down 16.87%, down 2.53%, down 31.58%, up 23.43% comparing to the same period last year.
During the current year until 202211, 85, 84, 71, 90, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 220378.7244 million, 36910.7932 million, 29337.5650 million, 7703.0757 million, 3612.2733 million. These values account for 68.35%, 11.45%, 9.10%, 2.39%, 1.12% of HONG KONG's total exports and were down 7.82%, down 20.08%, down 5.81%, down 24.15%, down 39.99% comparing to the same period of last year.
During the current year until 202211, 85, 84, 71, 27, 90 were HONG KONG's top five traded commodities importing from China , with import values of 141959.0754 million, 32387.0095 million, 12778.9707 million, 6114.0086 million, 6028.5654 million. These values account for 61.13%, 13.95%, 5.50%, 2.63%, 2.60% of HONG KONG's total imports and were down 13.63%, down 12.88%, up 5.95%, up 24.12%, down 39.18% comparing with the same period of last year.
3.Analysis of import and export trends
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