Trade Trend

In 2023, Hong Kong CN's total export value is 576.18Billion USD, total import value is 655.58Billion USD, Deficit is -79.40Billion USD, and foreign trade dependency is 3.224. In 2023，Hong Kong CN's top export products are Electronic integrated circuits(194.05Billion USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(54.45Billion USD), Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(40.30Billion USD), top export destinations are China(330.66Billion USD), United States(34.87Billion USD), India(21.74Billion USD). In 2023, Hong Kong CN's top import products are Electronic integrated circuits(202.78Billion USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(60.32Billion USD), Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(59.86Billion USD), top import origins are China(238.79Billion USD), Taiwan CN(89.35Billion USD), South Korea(40.29Billion USD).

Comparing to 2022, Hong Kong CN's total export value decreased -35.28Billion USD(-5.77%) in 2023, this could result from its export decreases of products such as Electronic integrated circuits(-20.18Billion USD or -9.42%), Machinery; parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.70 to 84.72(-8.15Billion USD or -27.18%), Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, lightemitting diodes (LED) assembled with other LEDs or not, mounted piezoelectric crystals(-2.02Billion USD or -11.32%) and export decreases to countries/economics such as China(-20.37Billion USD or -5.80%), Singapore(-3.43Billion USD or -28.07%), United States(-3.29Billion USD or -8.62%). Comparing to 2022, Hong Kong CN's total import value decreased -13.47Billion USD(-2.01%) in 2023, this could result from its import decreases of products such as Electronic integrated circuits(-19.71Billion USD or -8.86%), Machinery; parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.70 to 84.72(-7.76Billion USD or -30.60%), Automatic data processing machines and units thereof, magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included(-3.30Billion USD or -13.87%), and its import decreases from countries/economies such as China(-14.09Billion USD or -5.57%), Taiwan CN(-10.41Billion USD or -10.43%), South Korea(-9.72Billion USD or -19.43%).

Cumulated to first 7 months of 2024, Hong Kong CN's total export value is 254.46Billion USD, total import value is 274.20Billion USD, and tradedeficit is -19.74Billion USD. Cumulated to first 7 months of 2024, Hong Kong CN's top export products are Electronic integrated circuits(86.47Billion USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(23.46Billion USD), Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(22.35Billion USD), and top export destinations are China(151.60Billion USD), United States(15.91Billion USD), India(7.78Billion USD). Cumulated to first 7 months of 2024, Hong Kong CN's top import products are Electronic integrated circuits(86.47Billion USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(23.46Billion USD), Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(22.35Billion USD), and top import origins areChina(98.64Billion USD), Taiwan CN(34.01Billion USD), South Korea(21.72Billion USD).