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 2020/7 - 2020/11

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


Share of USA's2020/7
%
2020/8
%
2020/9
%
2020/10
%
2020/11
%
Export1.51.51.61.61.7
Import0.20.10.20.10.2
Trade in Goods0.70.60.70.70.7

USA's foreign trade with Hong Kong, exports to Hong Kong and imports from Hong Kong in November 2020


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 November 2020 represented a share of 0.7 per cent. Share of USA's that month's exports was 1.7% and 0.2% of imports. In November Hong Kong was USA's 22. largest foreign trade partner. Most of the the value of trade consists of USA's exports to Hong Kong. $2.5 billion worth of trade was 3.4 per cent lower than in November of the previous year. During the month, the balance of trade with Hong Kong was $1.9 billion of surplus.

The value of imports from Hong Kong was 8.3 per cent higher than in November of the previous year, thus amounting to $325 million. Major product categories of imports from Hong Kong were Sitc931 (special transactions and commodities not classified according to kind), representing 37.9 percent of imports, Sitc897 (jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s.) 18.5 % and Sitc971 (gold,non-monetary) 5.7 % of the imports.

The value of exports to Hong Kong declined by 4.9 per cent compared to in November of the previous year, thus amounting to $2.2 billion in November 2020. The largest product groups of exports were: 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), which represented a share of 17.4 per cent of total exports, Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 16.3 % and Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof) 8.6 % of the exports.

Development during January-November 2020

The trade in goods between January and November of 2020 was of lesser value than in the corresponding period of the previous year. The value of the trade was $29.3 billion, down 10.3 %. During January-November the value of imports was $7.7 billion. The export value was $21.6 billion. Compared to the corresponding period in 2019, the value of imports during this period increased by 78.7 %. The largest value in imports was in Sitc897 (jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s.), worth $3.7 billion. In export the largest value had 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), worth being $3.7 billion. The value of exports during this period decreased by 23.9 %. The trade balance between USA and Hong Kongin between January and November was in surplus for USA. The timing surplus was $13.9 billion.


Table: USA's export to Hong Kong (HK) during 2020/7 - 2020/11

2020 / 72020 / 82020 / 92020 / 102020 / 11
million $%million $%million $%million $%million $%
0. Food and live animals 151.1 9.0 134.4 7.5 154.8 7.9 206.6 9.6 194.8 8.8
00. Live animals 0.8 0.0 0.3 0.0 1.2 0.1 0.7 0.0 0.3 0.0
01. Meat and meat preparations 63.5 3.8 61.1 3.4 65.0 3.3 78.0 3.6 74.9 3.4
02. Dairy products and birds' eggs 4.10 0.3 4.6 0.3 5.3 0.3 4.2 0.2 5.9 0.3
03. Fish and fish preparations 8.3 0.5 10.4 0.6 11.5 0.6 14.8 0.7 15.7 0.7
04. Cereals and cereal preparations 3.5 0.2 4.2 0.2 3.6 0.2 4.1 0.2 3.10 0.2
05. Vegetables and fruit 42.0 2.5 25.7 1.4 40.8 2.1 76.8 3.6 67.9 3.1
06. Sugars,sugar preparations and honey 0.4 0.0 0.6 0.0 0.6 0.0 0.4 0.0 0.5 0.0
07. Coffee,tea,cocoa,spices 2.1 0.1 1.4 0.1 2.1 0.1 4.6 0.2 5.10 0.3
08. Feeding stuff for animals 7.4 0.4 8.4 0.5 8.4 0.4 5.3 0.2 3.10 0.2
09. Miscellaneous edible products and preparations 18.5 1.1 18.2 1.0 16.7 0.9 18.0 0.8 16.1 0.7
1. Beverages and tobacco 6.3 0.4 10.6 0.6 4.3 0.2 8.2 0.4 11.2 0.5
11. Beverages 6.3 0.4 10.6 0.6 4.3 0.2 8.2 0.4 10.9 0.5
2. Crude materials,inedible,except fuels 25.8 1.5 18.10 1.1 16.0 0.8 25.8 1.2 29.6 1.3
21. Hides,skins,furskins,raw 0.3 0.0 0.2 0.0 0.2 0.0 0.6 0.0 0.5 0.0
22. Oil seeds,oleaginous fruits 0.6 0.0 0.7 0.0 0.7 0.0 0.7 0.0 0.5 0.0
23. Crude rubber (incl.synthetic) 0.4 0.0 0.5 0.0 0.7 0.0 0.2 0.0 0.2 0.0
24. Cork and wood 0.6 0.0 0.5 0.0 0.7 0.0 0.8 0.0 0.5 0.0
25. Pulp and waste paper 4.4 0.3 2.10 0.2 4.7 0.2 10.7 0.5 3.8 0.2
26. Textile fibres and their wastes 1.9 0.1 0.6 0.0 1.5 0.1 1.4 0.1 3.10 0.2
27. Crude fertilizers and crude minerals 0.6 0.0 0.5 0.0 0.5 0.0 0.5 0.0 0.6 0.0
28. Metalliferous ores and metal scrap 13.9 0.8 10.6 0.6 4.10 0.3 6.4 0.3 11.7 0.5
29. Crude animal,vegetable materials n.e.s. 3.4 0.2 2.8 0.2 2.6 0.1 5.1 0.2 8.2 0.4
3. Mineral fuels etc 0.8 0.0 0.9 0.0 17.3 0.9 0.4 0.0 20.3 0.9
33. Petroleum and products 0.7 0.0 0.9 0.0 17.3 0.9 0.3 0.0 20.3 0.9
4. Animal and vegetable oils and fats 0.8 0.0 1.1 0.1 1.2 0.1 0.7 0.0 0.7 0.0
41. Animal oils and fats 0.7 0.0 0.7 0.0 0.10 0.0 0.5 0.0 0.4 0.0
5. Chemicals and related products,n.e.s. 123.0 7.3 126.5 7.1 124.2 6.4 143.4 6.6 145.8 6.6
51. Organic chemicals 2.8 0.2 1.8 0.1 3.2 0.2 2.5 0.1 5.8 0.3
52. Inorganic chemicals 1.1 0.1 1.5 0.1 1.6 0.1 2.5 0.1 1.4 0.1
53. Dyeing,tanning and colouring material 2.4 0.1 3.6 0.2 2.9 0.1 4.8 0.2 4.10 0.2
54. Medicinal and pharmaceutical products 15.5 0.9 13.9 0.8 19.1 1.0 19.4 0.9 35.4 1.6
55. Perfume,cleaning etc.preparations 41.8 2.5 41.4 2.3 33.6 1.7 47.4 2.2 34.10 1.6
57. Plastics in primary forms 32.1 1.9 30.8 1.7 27.3 1.4 29.1 1.3 28.1 1.3
58. Plastics in non-primary forms 13.2 0.8 17.7 1.0 17.1 0.9 18.8 0.9 15.2 0.7
59. Chemical materials and products,n.e.s. 14.5 0.9 16.1 0.9 19.7 1.0 19.4 0.9 20.2 0.9
6. Basic manufactures 172.0 10.3 174.4 9.8 179.9 9.2 216.6 10.0 192.5 8.7
61. Leather,dressed fur,etc. 0.7 0.0 1.1 0.1 0.4 0.0 0.6 0.0 0.6 0.0
62. Rubber manufactures,n.e.s. 3.1 0.2 3.2 0.2 3.6 0.2 3.6 0.2 4.0 0.2
64. Paper,paperboard and articles thereof 2.6 0.2 2.2 0.1 3.9 0.2 2.4 0.1 2.6 0.1
65. Textile yarn,fabrics,made up articles,etc. 6.5 0.4 7.3 0.4 6.3 0.3 8.9 0.4 8.6 0.4
66. Non-metallic mineral manufactures,n.e.s. 126.2 7.5 131.9 7.4 141.0 7.2 164.6 7.6 119.2 5.4
67. Iron and steel 1.2 0.1 1.6 0.1 1.4 0.1 1.2 0.1 1.2 0.1
68. Non-ferrous metals 18.8 1.1 18.2 1.0 13.5 0.7 20.9 1.0 43.0 1.9
69. Manufactures of metals,n.e.s. 12.10 0.8 9.2 0.5 9.8 0.5 14.4 0.7 13.5 0.6
7. Machinery,transport equipment 884.10 52.9 973.6 54.6 1,002.1 51.4 1,112.1 51.6 1,186.7 53.5
71. Power generating machinery and equipment 7.1 0.4 10.1 0.6 11.8 0.6 7.7 0.4 8.8 0.4
72. Machinery for specialized industries 12.6 0.7 15.1 0.8 22.1 1.1 14.7 0.7 15.4 0.7
73. Metal working machinery 1.8 0.1 0.9 0.0 1.6 0.1 1.2 0.1 0.5 0.0
74. General industrial machinery n.e.s. 26.5 1.6 24.2 1.4 38.3 2.0 42.7 2.0 27.2 1.2
75. Office machines and adp machines 62.1 3.7 68.4 3.8 104.2 5.3 60.4 2.8 68.1 3.1
76. Telecommunications and sound recording equipment 269.3 16.1 259.8 14.6 299.6 15.4 299.3 13.9 367.2 16.5
77. Electric machinery,n.e.s.and parts 410.2 24.5 430.4 24.1 396.6 20.3 558.1 25.9 495.6 22.3
78. Road vehicles 56.6 3.4 7.1 0.4 5.6 0.3 58.1 2.7 11.8 0.5
79. Other transport equipment 39.2 2.3 158.1 8.9 122.7 6.3 70.4 3.3 192.5 8.7
8. Miscellaneous manufactured articles 277.2 16.6 307.7 17.3 403.7 20.7 399.8 18.5 397.5 17.9
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.10 0.1 1.3 0.1 1.8 0.1 1.1 0.0 2.5 0.1
82. Furniture and parts thereof 1.8 0.1 1.5 0.1 2.4 0.1 1.10 0.1 1.9 0.1
83. Travel goods,handbags and sim.containers 1.5 0.1 3.2 0.2 2.2 0.1 2.8 0.1 2.6 0.1
84. Articles of apparel and clothing accessories 5.7 0.3 5.2 0.3 5.10 0.3 6.3 0.3 5.3 0.2
85. Footwear 2.5 0.1 3.1 0.2 3.3 0.2 4.4 0.2 3.1 0.1
87. Instruments and apparates n.e.s. 70.8 4.2 70.1 3.9 66.2 3.4 70.1 3.2 66.2 3.0
88. Photographic equipment,optical goods etc. 49.8 3.0 57.3 3.2 65.7 3.4 64.1 3.0 58.9 2.7
89. Miscellaneous manufactured articles,n.e.s. 144.5 8.6 166.3 9.3 256.4 13.2 249.5 11.6 257.3 11.6
9. Goods not classified elsewhere 32.4 1.9 35.7 2.0 45.8 2.3 43.7 2.0 41.4 1.9
93. Special transactions and commodities not classified 4.2 0.2 7.6 0.4 8.6 0.4 5.6 0.3 6.5 0.3
96. Coin (not gold coin or legal) 0.8 0.0 1.0 0.1 2.4 0.1 0.7 0.0 0.3 0.0
97. Gold,non-monetary 3.4 0.2 2.2 0.1 2.5 0.1 3.7 0.2 3.5 0.2
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 22.3 1.3 23.1 1.3 24.9 1.3 29.1 1.3 30.5 1.4
0-9. All groups combined 1,673.9 100.0 1,783.4 100.0 1,948.8 100.0 2,156.10 100.0 2,220.1 100.0

Source: US Census Bureau

Table: Import from Hong Kong (HK) to USA during 2020/7 - 2020/11

2020 / 72020 / 82020 / 92020 / 102020 / 11
million $%million $%million $%million $%million $%
0. Food and live animals 12.9 2.9 8.9 3.7 10.7 3.1 7.1 2.3 9.7 3.0
01. Meat and meat preparations 1.2 0.3 0.7 0.3 0.1 0.0 0.1 0.0 0.4 0.1
03. Fish and fish preparations 0.9 0.2 0.6 0.2 2.10 0.8 1.10 0.6 1.5 0.4
04. Cereals and cereal preparations 4.4 1.0 2.7 1.1 1.1 0.3 0.8 0.3 1.3 0.4
05. Vegetables and fruit 0.8 0.2 0.7 0.3 0.7 0.2 0.4 0.1 0.9 0.3
09. Miscellaneous edible products and preparations 5.3 1.2 4.0 1.7 5.5 1.6 3.8 1.3 5.3 1.6
1. Beverages and tobacco 1.1 0.2 0.7 0.3 0.7 0.2 1.1 0.4 1.3 0.4
11. Beverages 1.1 0.2 0.7 0.3 0.7 0.2 1.1 0.4 0.8 0.2
2. Crude materials,inedible,except fuels 2.2 0.5 1.10 0.8 2.1 0.6 2.1 0.7 2.3 0.7
27. Crude fertilizers and crude minerals 0.8 0.2 1.2 0.5 0.1 0.0 0 0.0 0.1 0.0
29. Crude animal,vegetable materials n.e.s. 1.4 0.3 0.8 0.3 2.0 0.6 1.10 0.6 2.2 0.7
5. Chemicals and related products,n.e.s. 3.10 0.9 6.8 2.8 2.9 0.8 2.5 0.8 1.8 0.5
51. Organic chemicals 0.7 0.2 0.5 0.2 0.1 0.0 0.2 0.1 0.2 0.1
52. Inorganic chemicals 0.2 0.0 3.2 1.3 0.1 0.0 0.1 0.0 0.2 0.0
54. Medicinal and pharmaceutical products 0.9 0.2 0.6 0.2 0.2 0.0 0.4 0.1 0.5 0.1
55. Perfume,cleaning etc.preparations 0.5 0.1 0.8 0.3 1.0 0.3 1.1 0.3 0.4 0.1
58. Plastics in non-primary forms 1.2 0.3 1.0 0.4 1.4 0.4 0.5 0.2 0.5 0.1
59. Chemical materials and products,n.e.s. 0.6 0.1 0.8 0.3 0.3 0.1 0.3 0.1 0.3 0.1
6. Basic manufactures 14.3 3.3 17.2 7.2 16.4 4.7 10.1 3.3 31.4 9.7
64. Paper,paperboard and articles thereof 2.3 0.5 1.3 0.5 1.3 0.4 1.1 0.3 0.7 0.2
65. Textile yarn,fabrics,made up articles,etc. 3.7 0.8 3.8 1.6 3.7 1.1 1.5 0.5 3.9 1.2
66. Non-metallic mineral manufactures,n.e.s. 4.9 1.1 7.1 3.0 7.8 2.2 3.3 1.1 13.4 4.1
68. Non-ferrous metals 0.7 0.2 0.5 0.2 0.5 0.1 0.5 0.2 9.9 3.0
69. Manufactures of metals,n.e.s. 2.1 0.5 3.9 1.6 2.9 0.8 3.5 1.1 3.1 0.9
7. Machinery,transport equipment 41.5 9.5 43.1 18.0 39.2 11.3 26.8 8.9 37.0 11.4
71. Power generating machinery and equipment 0.8 0.2 0.2 0.1 0.4 0.1 0.4 0.1 0.3 0.1
72. Machinery for specialized industries 0.3 0.1 0.6 0.2 0.5 0.1 0.5 0.2 0.4 0.1
74. General industrial machinery n.e.s. 2.3 0.5 2.1 0.9 2.7 0.8 2.4 0.8 2.5 0.8
75. Office machines and adp machines 4.9 1.1 4.5 1.9 4.8 1.4 4.3 1.4 6.6 2.0
76. Telecommunications and sound recording equipment 17.7 4.0 23.5 9.8 18.7 5.4 8.9 2.9 13.1 4.0
77. Electric machinery,n.e.s.and parts 14.7 3.3 11.4 4.8 11.0 3.2 9.1 3.0 12.5 3.8
78. Road vehicles 0.5 0.1 0.9 0.3 1.4 0.4 1.3 0.4 1.3 0.4
79. Other transport equipment 0.6 0.1 0.2 0.1 0.1 0.0 0.2 0.0 0.7 0.2
8. Miscellaneous manufactured articles 123.8 28.3 91.4 38.3 106.0 30.6 105.9 35.2 95.8 29.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.5 0.1 0.7 0.3 0.4 0.1 0.4 0.1 0.4 0.1
82. Furniture and parts thereof 2.2 0.5 2.7 1.1 2.4 0.7 1.5 0.5 2.2 0.7
83. Travel goods,handbags and sim.containers 0.5 0.1 0.10 0.4 0.9 0.2 0.8 0.2 1.0 0.3
84. Articles of apparel and clothing accessories 15.3 3.5 26.6 11.1 25.8 7.4 20.8 6.9 9.5 2.9
85. Footwear 0.4 0.1 0.8 0.3 1.1 0.3 0.8 0.3 1.7 0.5
87. Instruments and apparates n.e.s. 4.1 0.9 3.8 1.6 3.8 1.1 4.2 1.4 3.8 1.2
88. Photographic equipment,optical goods etc. 1.4 0.3 2.2 0.9 1.9 0.5 2.4 0.8 2.8 0.9
89. Miscellaneous manufactured articles,n.e.s. 99.8 22.8 53.9 22.6 70.0 20.2 75.4 25.1 74.7 23.0
9. Goods not classified elsewhere 238.5 54.5 68.6 28.7 168.1 48.6 145.6 48.4 145.5 44.8
93. Special transactions and commodities not classified 67.5 15.4 64.2 26.9 148.10 43.0 141.7 47.1 122.10 37.9
97. Gold,non-monetary 167.3 38.2 1.1 0.4 15.5 4.5 0.5 0.1 18.6 5.7
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 3.5 0.8 3.3 1.4 3.7 1.1 3.5 1.1 3.10 1.2
0-9. All groups combined 437.9 100.0 238.7 100.0 346.2 100.0 300.8 100.0 324.6 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - November (Sitc)

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