China, Hong Kong SAR

In 2012, the value of merchandise exports of China, Hong Kong SAR increased moderately by 8.2 percent to reach 492.9 bln US$, while its merchandise imports increased moderately by 8.3 percent to reach 553.5 bln US$ (see graph 1, table 2 and table 3). The merchandise trade deficit grew to 60.6 bln US$, up from the merchandise trade deficit in 2011 of 55.3 bln US$ (see graph 1). The largest merchandise trade balance was with MDG South-eastern Asia at -38.3 bln US$ (see graph 4). Merchandise exports in China, Hong Kong SAR were highly concentrated amongst partners; imports were moderately concentrated. The top 8 partners accounted for 80 percent or more of exports and the same number of partners accounted for 80 percent or more of imports (see graph 5). In 2011, the value of exports of services of China, Hong Kong SAR increased by 12.0 percent, reaching 118.9 bln US$, while its imports of services increased by 10.3 percent and reached 56.3 bln US$ (see graph 2). There was a large trade in services surplus of 62.6 bln US$, up from the trade in services surplus in 2011 of 55.2 bln US$.

Related Subject(s): International Trade and Finance

Countries: Hong Kong, China