Hong Kong Balance of Trade  1952-2016 | Data | Chart | Calendar | Forecast

Hong Kong trade gap rose to HKD 32 billion in August 2016 from HKD 25.1 billion shortfall a year earlier. Exports went up 0.8 percent to HKD 309.7 billion and imports rose at a faster 2.8 percent to HKD 341.8 billion. For the first eight months of the year, the trade shortfall came at HKD 264.8 billion compared to HKD 295.8 billion in the same period of 2015, as exports of goods declined 3.4 percent and imports fell 4.2 percent. Balance of Trade in Hong Kong averaged -6543.12 HKD Million from 1952 until 2016, reaching an all time high of 7228 HKD Million in January of 2009 and a record low of -59253 HKD Million in December of 2014. Balance of Trade in Hong Kong is reported by the Census and Statistics Department, Hong Kong.

Hong Kong Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-32096.00 -33307.00 7228.00 -59253.00 1952 - 2016 HKD Million Monthly
Since the late 1990’s Hong Kong has been recording trade deficits, as imports grew at a faster pace than exports. Hong Kong major exports are electronics and household electrical appliances, clothing and footwear, textile yarn and fabrics, toys and games and watches and clocks. The country imports mainly machinery and equipment, manufactured goods and articles, mineral fuels and food. Main trading partner is China (54 percent of total exports and 45 percent of total imports). Others include: Japan, the United States and Taiwan. This page provides the latest reported value for - Hong Kong Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hong Kong Balance of Trade - actual data, historical chart and calendar of releases - was last updated on September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-26 08:30 AM Jun H$ -45.6B H$-26.2B H$ -32.6B
2016-08-25 08:30 AM Jul H$ -33.3B H$ -45.6B H$-34B
2016-09-27 08:30 AM Aug H$ -32B H$ -33.3B H$ -34B
2016-10-27 08:30 AM Sep -38749.06
2016-11-24 08:30 AM Oct -33926.56
2016-12-29 08:30 AM Nov -34722.26

Hong Kong Trade Deficit Widens 21% YoY in August


Hong Kong trade gap rose to HKD 32 billion in August 2016 from HKD 25.1 billion shortfall a year earlier. Exports went up 0.8 percent to HKD 309.7 billion and imports rose at a faster 2.8 percent to HKD 341.8 billion. For the first eight months of the year, the trade shortfall came at HKD 264.8 billion compared to HKD 295.8 billion in the same period of 2015, as exports of goods declined 3.4 percent and imports fell 4.2 percent.

Exports went up 0.8 percent year-on-year to HKD 309.7 billion, after a 5.1 percent fall in July 2016. Sales to Asia as a whole grew by 3.8 percent, in particular India (+27.4 percent), Taiwan (+20.8 percent), the mainland of China (the Mainland) (+4.3 percent), Korea (+3.2 percent) and Malaysia (+1.6 percent). On the other hand, decreases were recorded in the values of total exports to Vietnam (-13.5 percent), Japan (-11 percent) and the Philippines (-2.3 percent).

By commodity, increases were recorded for: electrical machinery, apparatus and appliances(12 percent); non-metallic mineral manufactures ( 17.6 percent) and telecommunications and sound recording and reproducing apparatus and equipment (2.2 percent). However, a decrease was registered in office machines and automatic data processing machines (-9.9 percent).

Imports rose by 2.8 percent year-on-year to HKD 341.8 billion as purchased form major suppliers declined: Japan (-9 percent), the USA (-7.4 percent), Malaysia (-7 percent), the Mainland (-5 percent) and Thailand (-4.2 percent). On the other hand, increases were registered in the values of imports from India (+7.8 percent) and Taiwan (+2 percent).

By commodity, increases were registered in particular for: electrical machinery, apparatus and appliances, and electrical parts thereof (+14.6 percent) and non-metallic mineral manufactures (+13.4 percent). However, decreases were registered in imports of office machines and automatic data processing machines (-10.3 percent) and miscellaneous manufactured articles, mainly jewellery, goldsmiths' and silversmiths' wares) (-8.4percent). 

For the first eight months of the year, the trade shortfall came at HKD 264.8 billion compared to HKD 295.8 billion in the same period of 2015, as exports of goods declined 3.4 percent and imports fell 4.2 percent.


Census and Statistics Department | Mojdeh Kazemi | mojdeh@tradingeconomics.com
9/27/2016 9:48:05 AM

Hong Kong Trade Last Previous Highest Lowest Unit
Balance of Trade -32096.00 -33307.00 7228.00 -59253.00 HKD Million [+]
Exports 309670.00 304465.00 331986.00 172.00 HKD Million [+]
Imports 341766.00 337773.00 382355.00 230.00 HKD Million [+]
Current Account 14937.00 16160.00 92020.00 -29490.00 HKD Million [+]
Current Account to GDP 3.10 1.30 13.70 -6.30 percent [+]
Terms of Trade 99.40 101.20 108.50 99.00 Index Points [+]
Capital Flows 8918.00 10251.00 22424.00 -89673.00 HKD Million [+]
Tourist Arrivals 2274115.00 2174107.00 2274375.00 211328.00 [+]
Gold Reserves 2.08 2.08 2.08 2.08 Tonnes [+]
External Debt 9928749.00 9806748.00 10436694.00 2707907.00 HKD Million [+]
Foreign Direct Investment 12844.17 11602.90 12844.17 1955.85 HKD Billion [+]




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Afghanistan -7159.00 Dec/15
Albania -29464.00 Aug/16
Algeria -1308.00 Dec/15
Angola 3002.24 Dec/15
Argentina 705.00 Aug/16
Armenia -134.20 Aug/16
Aruba -423.80 Jun/16
Australia -2410.00 Jul/16
Austria 130.00 Jun/16
Azerbaijan 621706.00 Mar/16
Bahamas -459.80 Mar/16
Bahrain 1513.00 Dec/15
Bangladesh -62.34 Jun/16
Barbados -254822.00 Dec/15
Belarus 32.40 Jul/16
Belgium 2544.10 Jul/16
Belize -132.80 Jul/16
Benin -191.61 Jun/16
Bhutan -26021.60 Dec/15
Bolivia -136.20 Apr/16
Bosnia and Herzegovina -526211.72 Jul/16
Botswana -175.90 Jul/16
Brazil 4140.00 Aug/16
Brunei 417.80 Jul/16
Bulgaria -29.90 Jul/16
Burkina Faso -49.00 Sep/14
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Cambodia -1748.30 May/16
Cameroon -1054.40 Dec/13
Canada -2487.90 Jul/16
Cape Verde -4499.80 Jul/16
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile -274.00 Aug/16
China 520.49 Aug/16
Colombia -1.16 Jul/16
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -560.60 Aug/16
Croatia -4059.88 Jul/16
Cuba -9578.00 Dec/15
Cyprus -304347.00 Jul/16
Czech Republic 24445.00 Jul/16
Denmark 8796.60 Jul/16
Djibouti -168260.00 Dec/15
Dominican Republic -631.90 Mar/16
East Timor -39175.91 Jun/16
Ecuador 204425.00 Jul/16
Egypt -3518.00 Jul/16
El Salvador -339.98 Jul/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
Estonia -164.77 Jul/16
Ethiopia -3601.70 Mar/16
Euro Area 25276.10 Jul/16
European Union 3763.70 Jul/16
Fiji -112192.00 Apr/16
Finland -245.00 Jul/16
France -4505.00 Jul/16
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -493.40 Aug/16
Germany 19500.00 Jul/16
Ghana -712.40 Jun/16
Greece -1344.10 Jul/16
Guatemala -452.00 Jul/16
Guinea -308.73 Jun/16
Guinea Bissau -23.80 Dec/14
Guyana -13.70 Jun/16
Haiti -229.96 Jun/16
Honduras -403.60 Jun/16
Hong Kong -32096.00 Aug/16
Hungary 208000.00 Jul/16
Iceland -12700.00 Aug/16
India -7674.14 Aug/16
Indonesia 293.60 Aug/16
Iran 4258.00 Dec/15
Iraq 4397.00 Dec/15
Ireland 3526700.00 Jul/16
Israel -1899.30 Aug/16
Italy 7794.95 Jul/16
Ivory Coast 890.60 Dec/14
Jamaica -680800.00 Mar/16
Japan -18.71 Aug/16
Jordan -658173.00 Jun/16
Kazakhstan 1289.60 Jul/16
Kenya -79107.00 Jun/16
Kosovo -210544.00 Jul/16
Kuwait 402.00 Mar/16
Kyrgyzstan -291.40 Jun/16
Laos -594.89 Dec/15
Latvia -182.90 Jul/16
Lebanon -1258.95 Jun/16
Lesotho -3543.23 Mar/16
Liberia -99.90 May/16
Libya -17675.60 Dec/14
Liechtenstein 326579.00 Jun/16
Lithuania -178.60 Jul/16
Luxembourg -0.42 Jul/16
Macau -4867968.77 Jul/16
Macedonia -131493.00 Jul/16
Madagascar -306742.00 Jun/16
Malawi -31524.80 Sep/15
Malaysia 1907.37 Jul/16
Maldives -161.70 Jun/16
Mali -100.60 Mar/15
Malta -149432.00 Jul/16
Mauritania -79.64 Mar/16
Mauritius -8160.00 Jul/16
Mexico -1913.24 Aug/16
Moldova -148.40 Jul/16
Monaco -104.50 Jun/16
Mongolia 110.00 Aug/16
Montenegro -168082.00 Aug/16
Morocco -17306.00 Jul/16
Mozambique -1754.40 Dec/15
Myanmar -639.40 Dec/15
Namibia -6141.52 Mar/16
Nepal -77662.70 Mar/16
Netherlands 4821.00 Jul/16
New Caledonia -9890.65 Jun/16
New Zealand -1265.00 Aug/16
Nicaragua -223.90 Jun/16
Niger -286709.90 Mar/16
Nigeria -29398.00 Jun/16
North Korea -476.67 Dec/15
Norway 6763.00 Aug/16
Oman -45.20 Dec/15
Pakistan -279639.00 Aug/16
Palestine -310.20 Jul/16
Panama -918416.00 Jul/16
Papua New Guinea 3957.00 Dec/15
Paraguay -154825.00 Aug/17
Peru 484.00 Jul/16
Philippines -2053160.00 Jul/16
Poland -313.00 Jul/16
Portugal -557.44 Jul/16
Puerto Rico 2982.40 Jun/16
Qatar 6694.00 Jul/16
Republic of the Congo 4092.35 Dec/10
Romania -642.90 Jul/16
Russia 6490.00 Jul/16
Rwanda -142.60 May/16
Sao Tome and Principe -27.28 Jun/16
Saudi Arabia 16295.00 Mar/16
Senegal -159.34 Jul/16
Serbia -300.30 Jul/16
Seychelles -40.31 Jul/16
Sierra Leone -52.89 Jun/16
Singapore 5592.00 Aug/16
Slovakia 60.00 Jul/16
Slovenia 99.78 Jul/16
Somalia -1473.48 Dec/15
South Africa 5223.30 Jul/16
South Korea 5300.00 Aug/16
South Sudan -104.70 Dec/15
Spain -557800.00 Jul/16
Sri Lanka -542.00 Jul/16
Sudan -424613.00 Jun/16
Suriname 32.40 Jun/16
Swaziland 1217.38 Dec/15
Sweden -10300.00 Aug/16
Switzerland 3024.63 Aug/16
Syria 9394.50 Dec/10
Taiwan 3984.83 Aug/16
Tajikistan -142.90 Jul/16
Tanzania -207.80 Jun/16
Thailand 2130.00 Aug/16
Togo -68.29 Dec/14
Trinidad and Tobago 258.50 Dec/15
Tunisia -1397.20 Aug/16
Turkey -4787.97 Jul/16
Turkmenistan 2181.97 Dec/15
Uganda -175.50 Jul/16
Ukraine -264.80 Aug/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -4502.00 Jul/16
United States -39474.00 Jul/16
Uruguay 207156.00 Jul/16
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam 573.00 Aug/16
Yemen -2914.30 Dec/13
Zambia -473.90 Jul/16
Zimbabwe -322.86 Mar/16