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 2022/5 - 2022/9

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


Share of USA's2022/5
%
2022/6
%
2022/7
%
2022/8
%
2022/9
%
Export1.1 1.2 1.3 1.4 1.3
Import0.1 0.1 0.1 0.1 0.1
Trade in Goods0.5 0.5 0.6 0.6 0.6

USA's foreign trade with Hong Kong, exports to Hong Kong and imports from Hong Kong in September 2022


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 September 2022 represented a share of 0.6 per cent. Share of USA's that month's exports was 1.3 % and 0.1 % of imports. In September Hong Kong was USA's 28. most important foreign trade partner. Weakening from the previous month was 2 places. Most of the the value of trade consists of USA's exports to Hong Kong. Amounting trade to worth of $2.7 billion was 8.8 per cent bigger than in September 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 14.6 per cent higher than in September of the previous year, thus amounting to $400 million. Major product categories of imports from Hong Kong were Sitc931 (special transactions and commodities not classified according to kind), representing 39.2 percent of imports, Sitc897 (jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s.) 15.8 % and Sitc598 (miscellaneous chemical products, n.e.s.) 5.7 % of the imports.

The value of exports to Hong Kong were 7.9 percent higher than in September of the previous year, thus amounting to $2.3 billion. 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 16.0 per cent of total exports, Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 11.7 % and Sitc896 (works of art, collectors' pieces and antiques) 10.2 % of the exports.

Development during January-September 2022

During January-September 2022, the value of trade in goods between countries was lower than during the corresponding period in the previous year. The value of the trade was $23.6 billion, a decrease of 4.5 %. During January-September the value of imports was $3.7 billion. The export value was $19.9 billion. Compared to the corresponding period in 2021, the value of imports during this period increased by 36.7 %. The largest product group in terms of imports has been Sitc931 (special transactions and commodities not classified according to kind), worth $1.2 billion. 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 $3.6 billion. The value of exports during this period decreased by 9.5 %. The trade balance between USA and Hong Kongin between January and September was in surplus for USA. The timing surplus was $16.2 billion.


Table: USA's export to Hong Kong (HK) during 2022/5 - 2022/9

2022 / 52022 / 62022 / 72022 / 82022 / 9
million $%million $%million $%million $%million $%
0. Food and live animals 100.9 4.9 106.5 5.0 108.4 4.8 123.1 4.8 116.2 4.9
00. Live animals 0.4 0.0 0.1 0.0 0.1 0.0 0.6 0.0 0.8 0.0
01. Meat and meat preparations 37.2 1.8 42.9 2.0 43.6 1.9 39.3 1.5 40.7 1.7
02. Dairy products and birds' eggs 2.4 0.1 3.1 0.1 2.5 0.1 2.6 0.1 1.7 0.1
03. Fish and fish preparations 9.7 0.5 11.9 0.6 11.9 0.5 13.2 0.5 7.3 0.3
04. Cereals and cereal preparations 3.1 0.2 3.0 0.1 2.7 0.1 2.9 0.1 2.7 0.1
05. Vegetables and fruit 21.9 1.1 20.6 1.0 25.8 1.1 40.3 1.6 38.5 1.6
06. Sugars,sugar preparations and honey 0.4 0.0 0.5 0.0 0.3 0.0 0.5 0.0 0.3 0.0
07. Coffee,tea,cocoa,spices 2.0 0.1 1.9 0.1 1.9 0.1 3.4 0.1 3.6 0.2
08. Feeding stuff for animals 5.8 0.3 4.3 0.2 3.6 0.2 5.1 0.2 3.9 0.2
09. Miscellaneous edible products and preparations 18.1 0.9 18.1 0.8 16.0 0.7 15.2 0.6 16.7 0.7
1. Beverages and tobacco 13.0 0.6 6.7 0.3 6.9 0.3 9.9 0.4 4.8 0.2
11. Beverages 13.0 0.6 6.7 0.3 6.9 0.3 8.2 0.3 4.8 0.2
12. Tobacco and tobacco manufactures 00 00 00 1.7 0.1 0.0 0.0
2. Crude materials,inedible,except fuels 60.7 3.0 31.1 1.5 28.6 1.3 27.0 1.0 21.0 0.9
23. Crude rubber (incl.synthetic) 0.4 0.0 1.2 0.1 0.6 0.0 0.1 0.0 0.2 0.0
24. Cork and wood 0.5 0.0 0.6 0.0 0.8 0.0 0.2 0.0 0.0 0.0
25. Pulp and waste paper 1.0 0.1 1.2 0.1 0.3 0.0 3.1 0.1 1.4 0.1
26. Textile fibres and their wastes 3.3 0.2 5.3 0.2 3.3 0.1 3.6 0.1 1.4 0.1
27. Crude fertilizers and crude minerals 0.8 0.0 0.6 0.0 0.7 0.0 1.0 0.0 0.9 0.0
28. Metalliferous ores and metal scrap 50.2 2.5 18.4 0.9 19.3 0.9 16.3 0.6 14.2 0.6
29. Crude animal,vegetable materials n.e.s. 4.2 0.2 3.6 0.2 3.3 0.1 2.5 0.1 2.8 0.1
3. Mineral fuels etc 1.1 0.1 0.4 0.0 0.6 0.0 0.5 0.0 0.5 0.0
33. Petroleum and products 1.1 0.1 0.4 0.0 0.6 0.0 0.5 0.0 0.5 0.0
4. Animal and vegetable oils and fats 0.6 0.0 0.8 0.0 0.4 0.0 0.6 0.0 0.7 0.0
5. Chemicals and related products,n.e.s. 154.5 7.6 142.6 6.7 118.4 5.3 134.3 5.2 114.5 4.9
51. Organic chemicals 4.8 0.2 7.3 0.3 7.7 0.3 10.0 0.4 5.8 0.2
52. Inorganic chemicals 1.6 0.1 1.5 0.1 2.2 0.1 6.0 0.2 1.0 0.0
53. Dyeing,tanning and colouring material 2.9 0.1 2.5 0.1 2.3 0.1 2.8 0.1 2.0 0.1
54. Medicinal and pharmaceutical products 17.2 0.8 19.8 0.9 23.3 1.0 17.0 0.7 22.2 0.9
55. Perfume,cleaning etc.preparations 48.9 2.4 40.9 1.9 27.2 1.2 28.6 1.1 24.1 1.0
57. Plastics in primary forms 31.9 1.6 30.0 1.4 22.3 1.0 29.4 1.1 30.2 1.3
58. Plastics in non-primary forms 22.5 1.1 20.6 1.0 16.7 0.7 20.8 0.8 11.7 0.5
59. Chemical materials and products,n.e.s. 24.6 1.2 20.0 0.9 16.6 0.7 19.6 0.8 17.5 0.7
6. Basic manufactures 193.5 9.5 294.7 13.8 212.7 9.5 495.9 19.2 235.6 10.0
61. Leather,dressed fur,etc. 0.6 0.0 0.5 0.0 0.3 0.0 0.3 0.0 0.2 0.0
62. Rubber manufactures,n.e.s. 2.7 0.1 2.1 0.1 1.8 0.1 2.0 0.1 1.6 0.1
64. Paper,paperboard and articles thereof 4.2 0.2 4.1 0.2 2.7 0.1 2.8 0.1 2.7 0.1
65. Textile yarn,fabrics,made up articles,etc. 6.3 0.3 7.9 0.4 7.4 0.3 8.2 0.3 8.7 0.4
66. Non-metallic mineral manufactures,n.e.s. 146.9 7.2 230.0 10.8 172.6 7.7 423.0 16.3 176.1 7.5
67. Iron and steel 1.3 0.1 1.5 0.1 2.6 0.1 2.7 0.1 1.0 0.0
68. Non-ferrous metals 20.8 1.0 35.4 1.7 11.4 0.5 43.3 1.7 32.7 1.4
69. Manufactures of metals,n.e.s. 10.7 0.5 12.9 0.6 13.8 0.6 13.4 0.5 12.2 0.5
7. Machinery,transport equipment 1,035.6 50.7 1,159.6 54.4 1,048.1 46.6 1,061.5 41.0 1,046.8 44.6
71. Power generating machinery and equipment 18.5 0.9 9.5 0.4 8.0 0.4 11.0 0.4 14.6 0.6
72. Machinery for specialized industries 9.5 0.5 13.6 0.6 12.9 0.6 16.9 0.7 10.9 0.5
73. Metal working machinery 0.7 0.0 0.8 0.0 1.4 0.1 1.2 0.0 2.0 0.1
74. General industrial machinery n.e.s. 25.6 1.3 29.8 1.4 23.8 1.1 30.9 1.2 24.6 1.0
75. Office machines and adp machines 94.2 4.6 107.7 5.0 123.4 5.5 120.4 4.7 159.7 6.8
76. Telecommunications and sound recording equipment 388.0 19.0 428.0 20.1 371.7 16.5 322.2 12.5 277.2 11.8
77. Electric machinery,n.e.s.and parts 387.4 19.0 497.5 23.3 367.4 16.4 399.1 15.4 467.4 19.9
78. Road vehicles 6.2 0.3 5.6 0.3 6.8 0.3 8.7 0.3 4.5 0.2
79. Other transport equipment 105.4 5.2 67.0 3.1 132.7 5.9 151.1 5.8 86.0 3.7
8. Miscellaneous manufactured articles 442.8 21.7 352.5 16.5 380.6 16.9 423.3 16.4 501.1 21.3
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.4 0.0 0.6 0.0 1.3 0.1 0.6 0.0 0.5 0.0
82. Furniture and parts thereof 2.2 0.1 1.8 0.1 0.5 0.0 1.0 0.0 0.7 0.0
83. Travel goods,handbags and sim.containers 1.6 0.1 1.2 0.1 3.2 0.1 1.5 0.1 2.7 0.1
84. Articles of apparel and clothing accessories 5.5 0.3 5.1 0.2 4.7 0.2 6.0 0.2 6.0 0.3
85. Footwear 4.3 0.2 5.9 0.3 3.3 0.1 4.1 0.2 3.4 0.1
87. Instruments and apparates n.e.s. 64.5 3.2 72.1 3.4 69.4 3.1 67.6 2.6 73.1 3.1
88. Photographic equipment,optical goods etc. 50.5 2.5 60.6 2.8 50.2 2.2 55.7 2.2 42.1 1.8
89. Miscellaneous manufactured articles,n.e.s. 313.8 15.4 205.2 9.6 248.0 11.0 286.7 11.1 372.7 15.9
9. Goods not classified elsewhere 38.6 1.9 37.8 1.8 342.4 15.2 311.4 12.0 306.2 13.0
93. Special transactions and commodities not classified 8.8 0.4 7.0 0.3 16.0 0.7 9.8 0.4 11.8 0.5
96. Coin (not gold coin or legal) 0.5 0.0 2.4 0.1 0.0 0.0 0.9 0.0 4.9 0.2
97. Gold,non-monetary 3.4 0.2 3.2 0.1 296.8 13.2 238.9 9.2 222.7 9.5
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 23.7 1.2 23.1 1.1 27.1 1.2 57.4 2.2 53.1 2.3
0-9. All groups combined 2,041.4 100.0 2,132.7 100.0 2,247.0 100.0 2,587.6 100.0 2,347.5 100.0

Source: US Census Bureau

Table: Import from Hong Kong (HK) to USA during 2022/5 - 2022/9

2022 / 52022 / 62022 / 72022 / 82022 / 9
million $%million $%million $%million $%million $%
0. Food and live animals 10.2 3.0 14.2 4.1 11.5 3.5 15.4 3.7 8.8 2.2
01. Meat and meat preparations 0.5 0.1 0.8 0.2 0.4 0.1 0.4 0.1 0.7 0.2
03. Fish and fish preparations 1.8 0.5 1.9 0.5 0.9 0.3 4.0 1.0 1.9 0.5
04. Cereals and cereal preparations 0.9 0.3 4.8 1.4 2.6 0.8 3.4 0.8 0.4 0.1
05. Vegetables and fruit 0.6 0.2 0.5 0.1 0.7 0.2 0.4 0.1 0.5 0.1
09. Miscellaneous edible products and preparations 6.0 1.8 5.6 1.6 6.3 1.9 6.6 1.6 5.0 1.2
1. Beverages and tobacco 0.8 0.2 0.6 0.2 0.8 0.2 1.2 0.3 1.7 0.4
11. Beverages 0.8 0.2 0.5 0.2 0.6 0.2 1.2 0.3 1.2 0.3
2. Crude materials,inedible,except fuels 1.8 0.5 9.6 2.7 4.0 1.2 3.7 0.9 4.8 1.2
27. Crude fertilizers and crude minerals 0.1 0.0 7.0 2.0 1.4 0.4 0.9 0.2 3.0 0.8
29. Crude animal,vegetable materials n.e.s. 1.7 0.5 2.4 0.7 2.2 0.7 2.8 0.7 1.7 0.4
5. Chemicals and related products,n.e.s. 36.2 10.6 17.4 5.0 17.5 5.4 23.0 5.5 26.4 6.6
51. Organic chemicals 1.1 0.3 1.0 0.3 1.4 0.4 1.2 0.3 0.7 0.2
52. Inorganic chemicals 3.6 1.1 0.3 0.1 5.1 1.6 1.0 0.2 0.1 0.0
54. Medicinal and pharmaceutical products 0.3 0.1 0.8 0.2 0.1 0.0 0.2 0.1 0.1 0.0
55. Perfume,cleaning etc.preparations 1.2 0.3 0.9 0.3 0.8 0.2 0.9 0.2 1.3 0.3
58. Plastics in non-primary forms 1.2 0.4 0.6 0.2 0.3 0.1 0.6 0.1 1.1 0.3
59. Chemical materials and products,n.e.s. 28.6 8.4 13.4 3.8 9.6 3.0 19.0 4.5 23.0 5.7
6. Basic manufactures 61.1 17.9 32.0 9.1 26.0 8.0 25.1 6.0 26.8 6.7
63. Wood and cork manufactures 0.3 0.1 0.4 0.1 0.4 0.1 0.8 0.2 0.3 0.1
64. Paper,paperboard and articles thereof 1.7 0.5 1.9 0.5 2.3 0.7 1.6 0.4 1.2 0.3
65. Textile yarn,fabrics,made up articles,etc. 0.8 0.2 1.5 0.4 1.4 0.4 1.7 0.4 1.5 0.4
66. Non-metallic mineral manufactures,n.e.s. 39.9 11.7 14.5 4.1 8.4 2.6 13.9 3.3 15.6 3.9
67. Iron and steel 0.0 0.0 0.4 0.1 0.7 0.2 0.0 0.0 0.0 0.0
68. Non-ferrous metals 15.7 4.6 9.4 2.7 9.4 2.9 3.7 0.9 5.5 1.4
69. Manufactures of metals,n.e.s. 2.2 0.6 3.6 1.0 2.9 0.9 3.1 0.7 2.4 0.6
7. Machinery,transport equipment 46.0 13.5 60.9 17.4 51.5 15.9 56.2 13.4 50.9 12.7
71. Power generating machinery and equipment 0.3 0.1 0.1 0.0 0.8 0.3 1.1 0.3 0.4 0.1
72. Machinery for specialized industries 0.8 0.2 0.5 0.1 0.9 0.3 0.8 0.2 0.7 0.2
74. General industrial machinery n.e.s. 2.4 0.7 2.4 0.7 1.7 0.5 3.8 0.9 4.3 1.1
75. Office machines and adp machines 4.9 1.4 2.9 0.8 3.3 1.0 5.6 1.3 2.2 0.5
76. Telecommunications and sound recording equipment 17.4 5.1 27.7 7.9 18.0 5.5 24.7 5.9 23.5 5.9
77. Electric machinery,n.e.s.and parts 19.6 5.7 26.2 7.5 25.4 7.8 19.3 4.6 18.1 4.5
78. Road vehicles 0.2 0.1 0.7 0.2 0.5 0.2 0.4 0.1 0.8 0.2
79. Other transport equipment 0.4 0.1 0.4 0.1 0.8 0.3 0.4 0.1 0.5 0.1
8. Miscellaneous manufactured articles 107.6 31.6 98.8 28.3 97.3 30.0 125.9 30.1 119.2 29.8
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.8 0.2 1.7 0.5 0.5 0.1 0.8 0.2 1.5 0.4
82. Furniture and parts thereof 1.1 0.3 1.5 0.4 1.8 0.6 1.3 0.3 2.0 0.5
83. Travel goods,handbags and sim.containers 1.2 0.4 1.4 0.4 1.1 0.3 2.1 0.5 1.6 0.4
84. Articles of apparel and clothing accessories 5.0 1.5 4.0 1.1 8.4 2.6 11.5 2.7 13.1 3.3
85. Footwear 1.6 0.5 1.3 0.4 3.2 1.0 2.9 0.7 4.3 1.1
87. Instruments and apparates n.e.s. 3.7 1.1 3.5 1.0 3.0 0.9 5.8 1.4 3.1 0.8
88. Photographic equipment,optical goods etc. 1.7 0.5 3.7 1.1 1.8 0.6 4.3 1.0 1.8 0.5
89. Miscellaneous manufactured articles,n.e.s. 92.4 27.1 81.7 23.4 77.5 23.9 97.3 23.3 91.9 23.0
9. Goods not classified elsewhere 76.7 22.5 116.0 33.2 115.9 35.7 167.6 40.1 161.0 40.3
93. Special transactions and commodities not classified 72.9 21.4 112.5 32.2 111.4 34.3 162.8 38.9 156.7 39.2
97. Gold,non-monetary 0.2 0.1 0.0 0.0 1.0 0.3 0.6 0.1 0.1 0.0
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 3.6 1.1 3.4 1.0 3.1 1.0 4.3 1.0 4.2 1.1
0-9. All groups combined 340.5 100.0 349.6 100.0 324.5 100.0 418.3 100.0 399.7 100.0

Source: US Census Bureau

Year level (Sitc)

The amount realized in the beginning of 2022 (Sitc)


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