China / Hong Kong

Overview In September 2024, China exported $29.1B and imported $1.05B from Hong Kong, resulting in a positive trade balance of $28.1B. Between September 2023 and September 2024 the exports of China have increased by $1.58B (5.74%) from $27.6B to $29.1B, while imports decreased by $-165M (-13.6%) from $1.21B to $1.05B.

Trade In September 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 September 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 September 2024 the exports of China were mainly from Guangdong Province ($16.3B), Shanghai Province ($2.72B), Jiangsu Province ($2.67B), Beijing ($1.06B), and Shandong Province ($842M), while imports destinations were mainly Guangdong Province ($363M), Beijing ($253M), Shanghai Province ($204M), Shandong Province ($55M), and Zhejiang Province ($40.7M).

Growth In September 2024, the increase in China's year-by-year exports to Hong Kong was explained primarily by an increase in product exports in Refined Petroleum ($79.4M or 14.7%), Silver ($72.7M or 57.3%), and Processed Mushrooms ($57.4M or 108%). In September 2024, the decrease in China's year-by-year imports  from Hong Kong was explained primarily by an decrease in product imports  in Optical Fibers and optical fibre bundles ($-23M or -84.1%), Microphones and Headphones ($-18.1M or -99.6%), and Styrene Polymers ($-17.8M or -48.6%).