Hong Kong Balance of Trade  1952-2018 | Data | Chart | Calendar | Forecast

The trade gap in Hong Kong widened sharply to HKD 52.1 billion in August of 2018 from HKD 35.5 billion in the corresponding month of the previous year. Exports rose 13.1 percent to a record high of HKD 376.3 billion but imports jumped 16.4 percent, also to an all-time high of HKD 428.5 billion. Balance of Trade in Hong Kong averaged -7612.51 HKD Million from 1952 until 2018, reaching an all time high of 7228 HKD Million in January of 2009 and a record low of -59898 HKD Million in December of 2017.

Hong Kong Balance of Trade
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Hong Kong Trade Gap Widens Markedly in August


The trade gap in Hong Kong widened sharply to HKD 52.1 billion in August of 2018 from HKD 35.5 billion in the corresponding month of the previous year. Exports rose 13.1 percent to a record high of HKD 376.3 billion but imports jumped 16.4 percent, also to an all-time high of HKD 428.5 billion.

Year-on-year, imports jumped 16.4 percent to an all-time high of HKD 428.5 billion, folllowing a 14 percent gain in the previous month. Imports were driven by higher purchases of electrical machinery, apparatus & appliances & electrical parts thereof (+18.1 percent); telecommunications, sound recording, reproducing apparatus & equipment (+9.3 percent) and office machines & automatic data processing machines (+32.3 percent). 

Among major trading partners, imports advanced mainly from the mainland of China (+16 percent); Taiwan (+5.5 percent); Singapore (+3.5 percent); Korea (+20.8 percent) and Japan (+5.5 percent).

Exports rose 13.1 percent year-on-year to a record high of HKD 376.3 billion, after a 10 percent increase in July. Shipments went up for electrical machinery, apparatus & appliances & electrical parts thereof (+21.2 percent); telecommunications, sound recording, reproducing apparatus & equipment (+9.9 percent) and office machines & automatic data processing machines (+8.4 percent). 

Sales went up to the mainland of China (+13.6 percent); the USA (+17.9 percent); India (+18.2 percent) and Japan (+3.7 percent). On the other hand, exports declined to Taiwan (-24.2 percent) and Germany (-1.1 percent).

Considering the January to August period, exports advanced 9.9 percent to HKD 2,698.5 billion and imports climbed 11.8 percent to HKD 3,072.1 billion, recording a trade deficit of HKD 373.6 billion.


Census and Statistics Department of Hong Kong | Agna Gabriel | agna.gabriel@tradingeconomics.com
9/27/2018 9:04:45 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-07-26 08:30 AM Balance of Trade H$-54.1B H$-43.3B H$ -48.1B
2018-08-27 08:30 AM Balance of Trade H$-47.1B H$-54.1B H$ -38.3B
2018-09-27 08:30 AM Balance of Trade H$-52.1B H$-47.1B H$ -42.3B
2018-10-25 08:30 AM Balance of Trade H$-52.1B H$ -50.2B
2018-11-26 08:30 AM Balance of Trade H$ -39.8B
2018-12-27 08:30 AM Balance of Trade H$ -41.6B


Hong Kong Trade Last Previous Highest Lowest Unit
Balance of Trade -52149.00 -47109.00 7228.00 -59898.00 HKD Million [+]
Exports 376302.80 359125.00 376302.80 172.00 HKD Million [+]
Imports 428452.00 406234.00 428452.00 230.00 HKD Million [+]
Current Account 15660.00 16564.00 92020.00 -29059.00 HKD Million [+]
Current Account to GDP 4.20 4.00 15.00 -6.30 percent [+]
Terms of Trade 99.00 100.20 108.50 99.00 Index Points [+]
Capital Flows -45878.00 -44572.00 22424.00 -89673.00 HKD Million [+]
Tourist Arrivals 5895951.00 5461222.00 6009577.00 427254.00 [+]
Gold Reserves 2.10 2.10 2.10 2.08 Tonnes [+]
Foreign Direct Investment 13356.84 13230.81 13356.84 1955.85 HKD Billion [+]
External Debt 13057340.00 12775626.00 13057340.00 2707907.00 HKD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Hong Kong Balance of Trade

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 electrical machinery, apparatus and appliances; telecommunications and sound equipment and automatic data processing machines. The country imports mainly machinery and transport equipment; miscellaneous manufactured articles; manufactured goods and food and live animals. Main trading partner is China (40 percent of total exports and 47 percent of total imports). Others include: Japan, Singapore, Taiwan and the United States. 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-52149.00 -47109.00 7228.00 -59898.00 1952 - 2018 HKD Million Monthly




balance of trade by Country
Country Last
Argentina -1127.00 Aug/18
Australia 1604.00 Aug/18
Brazil 4971.00 Sep/18
Canada 526.10 Aug/18
China 316.93 Sep/18
Euro Area 11671.20 Aug/18
France -5632.00 Aug/18
Germany 17174.00 Aug/18
India -13980.00 Sep/18
Indonesia 227.10 Sep/18
Italy 2564.00 Aug/18
Japan -444.59 Aug/18
Mexico -2590.00 Aug/18
Netherlands 3463.00 Aug/18
Russia 15797.00 Aug/18
Saudi Arabia 162782.00 Jun/18
Singapore 3685.30 Sep/18
South Africa 8794.70 Aug/18
South Korea 9746.00 Sep/18
Spain -3247700.00 Jul/18
Switzerland 1407.94 Aug/18
Turkey -2421.79 Aug/18
United Kingdom -1274.00 Aug/18
United States -53237.00 Aug/18


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