China / Hong Kong

Overview In February 2024, China exported $15.1B and imported $695M from Hong Kong, resulting in a positive trade balance of $14.4B. Between February 2023 and February 2024 the exports of China have decreased by $-3.24B (-17.6%) from $18.4B to $15.1B, while imports decreased by $-493M (-41.5%) from $1.19B to $695M.

Trade In February 2024, the top exports of China to Hong Kong were Telephones ($3.86B), Integrated Circuits ($2.72B), Computers ($1.58B), Flat panel displays ($684M), and Refined Petroleum ($621M). In February 2024 the top imports of China from Hong Kong were Gold ($344M), Commodities not elsewhere specified ($29.3M), Packaged Medicaments ($28.9M), Styrene Polymers ($18.9M), and Jewellery ($10.9M).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($7.82B), Jiangsu Province ($1.42B), Shanghai Province ($1.05B), Beijing ($609M), and Shandong Province ($552M), while imports destinations were mainly Beijing ($281M), Guangdong Province ($278M), Fujian Province ($29.3M), Hainan Province ($22.8M), and Hunan Province ($18.2M).

Growth In February 2024, the decrease in China's year-by-year exports to Hong Kong was explained primarily by an decrease in product exports in Integrated Circuits ($-3.49B or -56.2%), Telephones ($-1.06B or -21.6%), and Computers ($-1.06B or -40.2%). In February 2024, the decrease in China's year-by-year imports  from Hong Kong was explained primarily by an decrease in product imports  in Optical Fibers and optical fibre bundles ($-23M or -84.1%), Microphones and Headphones ($-18.1M or -99.6%), and Styrene Polymers ($-17.8M or -48.6%).