Overview In July 2022 China exported $23.7B and imported $639M from Hong Kong, resulting in a positive trade balance of $23B. Between July 2021 and July 2022 the exports of China have decreased by $-5.24B (-18.1%) from $28.9B to $23.7B, while imports decreased by $-195M (-23.4%) from $834M to $639M.
Trade In July 2022, the top exports of China to Hong Kong were Integrated Circuits ($4.31B), Telephones ($2.95B), Computers ($2.33B), Refined Petroleum ($958M), and Semiconductor Devices ($813M). In July 2022 the top imports of China from Hong Kong were Gold ($172M), Baked Goods ($113M), Packaged Medicaments ($44.5M), Styrene Polymers ($36.9M), and Commodities not elsewhere specified ($25.6M).
Origins In July 2022 the exports of China were mainly from Guangdong Province ($11.2B), Jiangsu Province ($2.2B), Shanghai Province ($1.78B), Zhejiang Province ($929M), and Beijing ($867M), while imports destinations were mainly Guangdong Province ($265M), Shanghai Province ($129M), Sichuan Province ($54.6M), Hunan Province ($41.3M), and Zhejiang Province ($23.4M).
Growth In July 2022, the decrease in China's year-by-year exports to Hong Kong was explained primarily by an decrease in product exports in . In July 2022, the decrease in China's year-by-year imports from Hong Kong was explained primarily by an decrease in product imports in .