Trade in goods with USA SITC (Standard International Trade Classification)
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Hong Kong trade flows with USA by SITC*) product sections during 2020/10 - 2021/2

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/10
%
2020/11
%
2020/12
%
2021/1
%
2021/2
%
Export1.61.71.81.81.5
Import0.10.20.10.10.1
Trade in Goods0.70.70.70.80.7

USA's foreign trade with Hong Kong, exports to Hong Kong and imports from Hong Kong in February 2021


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

Hong Kong's share of USA's foreign trade in goods in February 2021 represented a share of 0.7 per cent. Share of USA's that month's exports was 1.5% and 0.1% of imports. In February Hong Kong was USA's 26. largest foreign trade partner. Rise from the previous month 4 places. Most of the the value of trade consists of USA's exports to Hong Kong. $2.1 billion worth of trade was 2.5 per cent lower than in February of the previous year. During the month, the balance of trade with Hong Kong was $1.6 billion of surplus.

The value of imports from Hong Kong was 34.4 per cent higher than in February of the previous year, thus amounting to $274 million. Major product categories of imports from Hong Kong were Sitc931 (special transactions and commodities not classified according to kind), representing 29.7 percent of imports, Sitc667 (pearls and precious or semiprecious stones, unworked or worked) 17.5 % and Sitc897 (jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s.) 10.9 % of the imports.

The value of exports to Hong Kong declined by 6.3 per cent compared to in February of the previous year, thus amounting to $1.9 billion in February 2021. The largest product groups of exports were: Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76), which represented a share of 19.8 per cent of total exports, Sitc776 (thermionic, cold cathode or photo-cathode valves and tubes (e.g., vacuum or vapour or gas-filled valves and tubes, mercury arc rectifying valves and tubes, cathode-ray tubes, television camera tubes); diodes, transistors and similar semiconductor dev) 17.2 % and Sitc667 (pearls and precious or semiprecious stones, unworked or worked) 6.9 % of the exports.

Development during January-February 2021

During January-February, trade in goods with Hong Kong has grown faster than USA's trade in goods with the rest of the world. During January-February, the value of trade in goods between the two countries rose to $4.7 billion. Growth compared to the corresponding period of the previous year was 5.6 percent. During January-February the value of imports was $543 million. The export value was $4.2 billion. Compared to the corresponding period of the previous year, the value of imports increased by 4.2% and the value of exports by 5.8%. The largest value in imports was in Sitc931 (special transactions and commodities not classified according to kind), worth $169 million. In export the largest value had Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76), worth being $854 million. The trade balance between USA and Hong Kongin between January and February was in surplus for USA. The timing surplus was $3.6 billion.


Table: USA's export to Hong Kong (HK) during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 206,6 9.6 194,8 8.8 196,5 8.2 101,6 4.4 116,6 6.3
00. Live animals 0,7 0.0 0,3 0.0 0,1 0.0 0,1 0.0 0,1 0.0
01. Meat and meat preparations 78,0 3.6 74,9 3.4 69,0 2.9 40,0 1.7 52,4 2.8
02. Dairy products and birds' eggs 4,2 0.2 5,9 0.3 4,6 0.2 5,4 0.2 4,2 0.2
03. Fish and fish preparations 14,8 0.7 15,7 0.7 16,1 0.7 11,4 0.5 12,1 0.6
04. Cereals and cereal preparations 4,1 0.2 3,10 0.2 4,6 0.2 2,8 0.1 3,1 0.2
05. Vegetables and fruit 76,8 3.6 67,9 3.1 67,5 2.8 21,3 0.9 19,1 1.0
06. Sugars,sugar preparations and honey 0,4 0.0 0,5 0.0 0,5 0.0 0,4 0.0 0,6 0.0
07. Coffee,tea,cocoa,spices 4,6 0.2 5,10 0.3 3,9 0.2 2,4 0.1 1,5 0.1
08. Feeding stuff for animals 5,3 0.2 3,10 0.2 5,3 0.2 4,0 0.2 5,3 0.3
09. Miscellaneous edible products and preparations 18,0 0.8 16,1 0.7 25,4 1.1 14,2 0.6 18,7 1.0
1. Beverages and tobacco 8,2 0.4 11,2 0.5 19,0 0.8 10,4 0.4 5,0 0.3
11. Beverages 8,2 0.4 10,9 0.5 18,2 0.8 9,6 0.4 5,0 0.3
12. Tobacco and tobacco manufactures 0 0.0 0,3 0.0 0,9 0.0 0,8 0.0 0 0.0
2. Crude materials,inedible,except fuels 25,8 1.2 29,6 1.3 37,4 1.6 51,10 2.2 53,3 2.9
21. Hides,skins,furskins,raw 0,6 0.0 0,5 0.0 0,5 0.0 1,4 0.1 0,5 0.0
22. Oil seeds,oleaginous fruits 0,7 0.0 0,5 0.0 0,4 0.0 1,2 0.0 0,4 0.0
24. Cork and wood 0,8 0.0 0,5 0.0 0,7 0.0 0,8 0.0 0,8 0.0
25. Pulp and waste paper 10,7 0.5 3,8 0.2 2,6 0.1 1,4 0.1 3,4 0.2
26. Textile fibres and their wastes 1,4 0.1 3,10 0.2 0,2 0.0 0,5 0.0 0,7 0.0
27. Crude fertilizers and crude minerals 0,5 0.0 0,6 0.0 0,8 0.0 0,6 0.0 0,4 0.0
28. Metalliferous ores and metal scrap 6,4 0.3 11,7 0.5 20,7 0.9 38,9 1.7 42,8 2.3
29. Crude animal,vegetable materials n.e.s. 5,1 0.2 8,2 0.4 11,5 0.5 7,2 0.3 4,1 0.2
3. Mineral fuels etc 0,4 0.0 20,3 0.9 0,6 0.0 0,6 0.0 21,7 1.2
33. Petroleum and products 0,3 0.0 20,3 0.9 0,6 0.0 0,6 0.0 21,7 1.2
4. Animal and vegetable oils and fats 0,7 0.0 0,7 0.0 1,3 0.1 2,0 0.1 7,5 0.4
41. Animal oils and fats 0,5 0.0 0,4 0.0 1,1 0.0 1,5 0.1 0,3 0.0
42. Fixed vegetable fats and oils 0,2 0.0 0,3 0.0 0,3 0.0 0,5 0.0 7,2 0.4
5. Chemicals and related products,n.e.s. 143,4 6.6 145,8 6.6 149,3 6.2 134,7 5.8 134,7 7.3
51. Organic chemicals 2,5 0.1 5,8 0.3 19,9 0.8 6,7 0.3 6,1 0.3
52. Inorganic chemicals 2,5 0.1 1,4 0.1 1,1 0.0 1,5 0.1 1,6 0.1
53. Dyeing,tanning and colouring material 4,8 0.2 4,10 0.2 3,10 0.2 3,4 0.1 3,1 0.2
54. Medicinal and pharmaceutical products 19,4 0.9 35,4 1.6 15,8 0.7 13,7 0.6 16,3 0.9
55. Perfume,cleaning etc.preparations 47,4 2.2 34,10 1.6 38,0 1.6 34,9 1.5 35,0 1.9
57. Plastics in primary forms 29,1 1.3 28,1 1.3 31,7 1.3 37,2 1.6 32,4 1.7
58. Plastics in non-primary forms 18,8 0.9 15,2 0.7 17,8 0.7 19,1 0.8 16,8 0.9
59. Chemical materials and products,n.e.s. 19,4 0.9 20,2 0.9 21,3 0.9 18,5 0.8 23,7 1.3
6. Basic manufactures 216,6 10.0 192,5 8.7 223,10 9.3 247,7 10.7 195,10 10.6
61. Leather,dressed fur,etc. 0,6 0.0 0,6 0.0 0,9 0.0 0,6 0.0 0,5 0.0
62. Rubber manufactures,n.e.s. 3,6 0.2 4,0 0.2 3,5 0.1 2,6 0.1 4,0 0.2
64. Paper,paperboard and articles thereof 2,4 0.1 2,6 0.1 3,5 0.1 2,8 0.1 3,0 0.2
65. Textile yarn,fabrics,made up articles,etc. 8,9 0.4 8,6 0.4 8,5 0.4 11,5 0.5 9,7 0.5
66. Non-metallic mineral manufactures,n.e.s. 164,6 7.6 119,2 5.4 177,9 7.4 181,4 7.8 138,9 7.5
67. Iron and steel 1,2 0.1 1,2 0.1 1,1 0.0 1,3 0.1 10,2 0.5
68. Non-ferrous metals 20,9 1.0 43,0 1.9 15,7 0.7 35,5 1.5 19,1 1.0
69. Manufactures of metals,n.e.s. 14,4 0.7 13,5 0.6 12,9 0.5 12,2 0.5 10,4 0.6
7. Machinery,transport equipment 1.112,1 51.6 1.186,7 53.5 1.337,7 55.7 1.320,8 56.8 944,1 50.9
71. Power generating machinery and equipment 7,7 0.4 8,8 0.4 12,6 0.5 11,5 0.5 6,8 0.4
72. Machinery for specialized industries 14,7 0.7 15,4 0.7 11,9 0.5 11,5 0.5 11,10 0.6
73. Metal working machinery 1,2 0.1 0,5 0.0 0,10 0.0 0,5 0.0 0,6 0.0
74. General industrial machinery n.e.s. 42,7 2.0 27,2 1.2 24,3 1.0 23,2 1.0 26,7 1.4
75. Office machines and adp machines 60,4 2.8 68,1 3.1 109,7 4.6 96,7 4.2 64,9 3.5
76. Telecommunications and sound recording equipment 299,3 13.9 367,2 16.5 546,8 22.8 491,1 21.1 370,3 20.0
77. Electric machinery,n.e.s.and parts 558,1 25.9 495,6 22.3 553,4 23.0 575,6 24.8 416,7 22.5
78. Road vehicles 58,1 2.7 11,8 0.5 5,6 0.2 3,9 0.2 11,1 0.6
79. Other transport equipment 70,4 3.3 192,5 8.7 72,8 3.0 107,2 4.6 35,4 1.9
8. Miscellaneous manufactured articles 399,8 18.5 397,5 17.9 395,2 16.4 304,10 13.1 253,9 13.7
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 1,1 0.0 2,5 0.1 1,3 0.1 1,3 0.1 0,9 0.0
82. Furniture and parts thereof 1,10 0.1 1,9 0.1 1,7 0.1 1,2 0.0 1,7 0.1
83. Travel goods,handbags and sim.containers 2,8 0.1 2,6 0.1 3,2 0.1 2,1 0.1 2,5 0.1
84. Articles of apparel and clothing accessories 6,3 0.3 5,3 0.2 6,2 0.3 5,2 0.2 5,3 0.3
85. Footwear 4,4 0.2 3,1 0.1 3,9 0.2 2,8 0.1 2,8 0.1
87. Instruments and apparates n.e.s. 70,1 3.2 66,2 3.0 77,6 3.2 67,3 2.9 49,10 2.7
88. Photographic equipment,optical goods etc. 64,1 3.0 58,9 2.7 73,2 3.0 55,8 2.4 52,1 2.8
89. Miscellaneous manufactured articles,n.e.s. 249,5 11.6 257,3 11.6 228,4 9.5 169,6 7.3 138,8 7.5
9. Goods not classified elsewhere 43,7 2.0 41,4 1.9 41,9 1.7 149,1 6.4 122,5 6.6
93. Special transactions and commodities not classified 5,6 0.3 6,5 0.3 11,6 0.5 23,1 1.0 8,0 0.4
96. Coin (not gold coin or legal) 0,7 0.0 0,3 0.0 0,1 0.0 0,1 0.0 1,1 0.1
97. Gold,non-monetary 3,7 0.2 3,5 0.2 1,5 0.1 32,2 1.4 88,2 4.8
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 29,1 1.3 30,5 1.4 27,0 1.1 25,2 1.1 24,2 1.3
0-9. All groups combined 2.156,10 100.0 2.220,1 100.0 2.402,5 100.0 2.323,4 100.0 1.854,9 100.0

Source: US Census Bureau

Table: Import from Hong Kong (HK) to USA during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 7,1 2.3 9,7 3.0 6,9 3.4 14,2 5.3 7,9 2.9
01. Meat and meat preparations 0,1 0.0 0,4 0.1 0,9 0.4 0,2 0.1 0,2 0.0
03. Fish and fish preparations 1,10 0.6 1,5 0.4 1,3 0.6 4,6 1.7 2,9 1.0
04. Cereals and cereal preparations 0,8 0.3 1,3 0.4 0,4 0.2 0,8 0.3 0,4 0.1
05. Vegetables and fruit 0,4 0.1 0,9 0.3 0,5 0.2 0,4 0.1 0,4 0.1
09. Miscellaneous edible products and preparations 3,8 1.3 5,3 1.6 3,7 1.8 7,9 2.9 3,10 1.4
1. Beverages and tobacco 1,1 0.4 1,3 0.4 0,6 0.3 1,1 0.4 0,6 0.2
11. Beverages 1,1 0.4 0,8 0.2 0,6 0.3 1,1 0.4 0,6 0.2
2. Crude materials,inedible,except fuels 2,1 0.7 2,3 0.7 3,10 1.9 8,6 3.2 2,7 1.0
27. Crude fertilizers and crude minerals 0 0.0 0,1 0.0 0,1 0.0 0,1 0.0 0,8 0.3
29. Crude animal,vegetable materials n.e.s. 1,10 0.6 2,2 0.7 3,9 1.9 8,5 3.2 1,9 0.7
5. Chemicals and related products,n.e.s. 2,5 0.8 1,8 0.5 2,4 1.1 2,6 0.9 7,3 2.7
51. Organic chemicals 0,2 0.1 0,2 0.1 0,3 0.1 0,1 0.0 0,6 0.2
52. Inorganic chemicals 0,1 0.0 0,2 0.0 0,7 0.3 0,5 0.2 1,1 0.4
55. Perfume,cleaning etc.preparations 1,1 0.3 0,4 0.1 0,6 0.3 0,9 0.3 0,6 0.2
58. Plastics in non-primary forms 0,5 0.2 0,5 0.1 0,5 0.2 0,6 0.2 0,6 0.2
59. Chemical materials and products,n.e.s. 0,3 0.1 0,3 0.1 0,4 0.2 0,2 0.0 4,4 1.6
6. Basic manufactures 10,1 3.3 31,4 9.7 9,1 4.4 7,8 2.9 54,4 19.8
64. Paper,paperboard and articles thereof 1,1 0.3 0,7 0.2 0,6 0.2 0,6 0.2 0,7 0.2
65. Textile yarn,fabrics,made up articles,etc. 1,5 0.5 3,9 1.2 0,9 0.4 0,8 0.3 0,7 0.2
66. Non-metallic mineral manufactures,n.e.s. 3,3 1.1 13,4 4.1 3,4 1.6 1,8 0.7 48,4 17.7
68. Non-ferrous metals 0,5 0.2 9,9 3.0 1,5 0.7 1,5 0.5 2,6 0.9
69. Manufactures of metals,n.e.s. 3,5 1.1 3,1 0.9 2,4 1.1 2,4 0.9 1,7 0.6
7. Machinery,transport equipment 26,8 8.9 37,0 11.4 37,2 18.1 36,1 13.4 26,9 9.8
72. Machinery for specialized industries 0,5 0.2 0,4 0.1 0,8 0.4 0,4 0.1 0,4 0.1
74. General industrial machinery n.e.s. 2,4 0.8 2,5 0.8 1,4 0.7 2,8 1.0 1,6 0.6
75. Office machines and adp machines 4,3 1.4 6,6 2.0 9,2 4.5 6,8 2.5 7,2 2.6
76. Telecommunications and sound recording equipment 8,9 2.9 13,1 4.0 11,9 5.8 12,8 4.7 9,1 3.3
77. Electric machinery,n.e.s.and parts 9,1 3.0 12,5 3.8 12,3 6.0 12,4 4.6 7,8 2.8
78. Road vehicles 1,3 0.4 1,3 0.4 1,2 0.5 0,8 0.3 0,5 0.2
79. Other transport equipment 0,2 0.0 0,7 0.2 0,5 0.2 0,1 0.0 0,4 0.1
8. Miscellaneous manufactured articles 105,9 35.2 95,8 29.5 74,9 36.5 76,2 28.3 61,3 22.4
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0,4 0.1 0,4 0.1 0,7 0.3 0,5 0.2 0,5 0.2
82. Furniture and parts thereof 1,5 0.5 2,2 0.7 1,8 0.9 1,6 0.6 1,5 0.5
83. Travel goods,handbags and sim.containers 0,8 0.2 1,0 0.3 0,10 0.4 2,3 0.8 1,6 0.6
84. Articles of apparel and clothing accessories 20,8 6.9 9,5 2.9 5,3 2.6 6,4 2.4 7,5 2.7
85. Footwear 0,8 0.3 1,7 0.5 0,6 0.3 1,6 0.6 1,7 0.6
87. Instruments and apparates n.e.s. 4,2 1.4 3,8 1.2 3,9 1.9 2,1 0.7 4,0 1.5
88. Photographic equipment,optical goods etc. 2,4 0.8 2,8 0.9 1,6 0.7 1,9 0.7 2,2 0.8
89. Miscellaneous manufactured articles,n.e.s. 75,4 25.1 74,7 23.0 60,4 29.4 60,1 22.3 42,6 15.5
9. Goods not classified elsewhere 145,6 48.4 145,5 44.8 70,7 34.4 122,8 45.6 112,8 41.2
93. Special transactions and commodities not classified 141,7 47.1 122,10 37.9 66,8 32.5 87,10 32.7 81,4 29.7
97. Gold,non-monetary 0,5 0.1 18,6 5.7 0,3 0.1 31,7 11.8 28,7 10.5
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 3,5 1.1 3,10 1.2 3,7 1.8 3,1 1.1 2,7 1.0
0-9. All groups combined 300,8 100.0 324,6 100.0 205,5 100.0 269,2 100.0 273,7 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - February (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - February (ATP)

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