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Monitor Report of HONG KONG trade and HONG KONG-China binational trade in 202009

 1.  Overview the trade of HONG KONG in goods current year until 202009

According to Dalian Infobank, in 202009HONG KONG's exports and imports of goods amounted to 107432.8970 million, and were up 12.56% comparing with the same period of last year. Among these, exports were up 19.77% at 55294.0330 million, and imports were up 5.81% at 52138.8640 million. And the corresponding trade surplus was 3155.1689 million and down 201.60%.

During the current year until 202009, HONG KONG's total exports and imports of goods were 811605.2162 million and were down 1.26% comparing to the same period of last year. Among these, exports were 399331.9186 million and up 1.52%; imports were 412273.2976 million and down 3.81%. The total trade deficit was 12941.3790 million and down 63.29%.

If considering by country (region), CHINA, TAIWAN, UNITED STATES, JAPAN, SOUTH KOREA were HONG KONG's top five trading partners. During the current year until 202009, HONG KONG's imports and exports to five countries/territories were 388331.4993 million, 61433.6578 million, 46947.8162 million, 35145.0672 million, 32714.4842 million. These values correspond to 47.85%, 7.57%, 5.78%, 4.33%, 4.03% of HONG KONG's imports and exports, and, respectively, were down 3.83%, up 21.75%, down 2.46%, down 5.14%, up 5.87% comparing to the same period of last year.

Current year until 202009, HONG KONG and the top five trade partners CHINA, UNITED STATES, UNITED KINGDOM, SWITZERLAND, JAPAN are the top five countries/territories that HONG KONG exports to in terms of the total export amount. During the current year until 202009, HONG KONG's exports to these five countries/territories were 217984.2722 million, 30933.3618 million, 13945.8963 million, 11869.2316 million, 10295.7384 million. These values correspond to 54.59%, 7.75%, 3.49%, 2.97%, 2.58% of HONG KONG's exports and, respectively, were up 1.58%, up 3.71%, up 130.75%, up 147.27%, down 12.08% comparing with the same period of last year.

Current year until 202009, 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 202009, HONG KONG's imports from these five countries/territories were 170347.2270 million, 51936.0455 million, 27626.4876 million, 24849.3288 million, 16826.9472 million. These values correspond to 41.32%, 12.60%, 6.70%, 6.03%, 4.08% of HONG KONG's total imports and, respectively, were down 9.97%, up 24.14%, up 9.51%, down 1.93%, up 10.67% comparing with the same period of last year.

During the current year until 202009, the trade surplus of HONG KONG was mainly from CHINA, UNITED STATES, UNITED KINGDOM, SWITZERLAND, NETHERLANDS at 47637.0452 million, 14918.9074 million, 6699.3414 million, 6505.8048 million, 4817.2326 million, and up 87.63%, up 29.53%, down 1681.86%, down 305.44%, down 5.48%. And the trade deficits were mainly from TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, THAILAND at 42438.4332 million, 22538.4909 million, 14553.5904 million, 13737.3090 million, 4603.4606 million, and up 27.76%, up 15.26%, up 6.79%, up 15.22%, up 91.20%.

Current year until 202009, HONG KONG's trade surplus or deficit with top five countries/territories During the current year until 202009,  commodities with hs2 codes, 85, 84, 71, 90, 39, were HONG KONG's top five traded commodities. They correspond to the import and export values of 451869.1574 million, 103625.5394 million, 93634.3110 million, 26008.2916 million, 10962.8317 million, which were up 2.24%, up 3.46%, up 13.49%, down 1.47%, down 16.00% comparing with the same period of last year and account for 55.68%, 12.77%, 11.54%, 3.20%, 1.35% of HONG KONG's total imports and exports.

During the current year until 202009, 85, 84, 71, 90, 39 were HONG KONG's top five traded commodities, with total import and export values of 222989.6650 million, 54729.9756 million, 52873.0649 million, 13273.3573 million, 5811.5431 million. These values correspond to 55.84%, 13.71%, 13.24%, 3.32%, 1.46% of HONG KONG's total exports and, respectively, were up 2.34%, up 7.04%, up 30.00%, down 0.55%, down 15.03% comparing to the same period of last year.

During the current year until 202009, 85, 84, 71, 90, 27 were HONG KONG's top five traded commodities, with total import values of 228879.4924 million, 48895.5638 million, 40761.2460 million, 12734.9342 million, 6915.0656 million. These values correspond to 55.52%, 11.86%, 9.89%, 3.09%, 1.68% of HONG KONG's total exports and, respectively, were up 2.15%, down 0.27%, down 2.55%, down 2.41%, down 36.55% comparing to the same period of last year.


2. Current year until 202009, HONG KONG binational trade profile

According to Dalian Infobank, during the current year until 202009, HONG KONG-China binational exports and imports of goods amounted to 388331.4993 million and were down 3.83% comparing with the same period of last year. Among these, exports from HONG KONG to China were 217984.2722 million and up 1.58%, imports from China to HONG KONG were 170347.2270 million and down 9.97%. The total binational trade surplus was 47637.0452 million and up 87.63%.

During the urrent year until 202009, commodities with hs2 code, 85, 84, 90, 71, 39, were binational trade's top five traded commodities. They correspond to import and export values of 253179.3956 million, 53114.8092 million, 14689.2778 million, 12234.2066 million, 6122.8498 million and makes up 65.20%, 13.68%, 3.78%, 3.15%, 1.58% of the total binational imports and exports. These values were also up 1.76%, down 0.32%, down 1.54%, down 39.56%, down 16.08% comparing to the same period last year.

During the current year until 202009, 85, 84, 90, 71, 39 were the top five traded commodities exported to China from HONG KONG, with export values of 147859.3027 million, 29007.2965 million, 7952.5187 million, 7780.9321 million, 4120.9516 million. These values account for 67.83%, 13.31%, 3.65%, 3.57%, 1.89% of HONG KONG's total exports and were up 8.01%, up 5.23%, up 5.46%, down 45.76%, down 16.10% comparing to the same period of last year.

During the current year until 202009, 85, 84, 90, 71, 27 were HONG KONG's top five traded commodities importing from China , with import values of 105320.0929 million, 24107.5126 million, 6736.7590 million, 4453.2744 million, 3667.0299 million. These values account for 61.83%, 14.15%, 3.95%, 2.61%, 2.15% of HONG KONG's total imports and were down 5.88%, down 6.26%, down 8.70%, down 24.45%, down 35.66% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Hong Kong Census & Statistics Department