Hong Kong: import-export trend
In the first nine months of 2011, exports to Hong Kong from Italy were up 30.78% compared to the same period 2010 and stood at 5.17 billion USD, a share of 1.39%. Exports (re-exporting + national products) from Hong Kong to Italy grew by 4.02% to 2.87 billion USD, a share of 0.87%.
Hong Kong’s worldwide imports grew by 14.50% to 372.22 billion USD and exports increased by 12.55% to 332.33 billion USD.
During the period of reference, the top five countries exporting to Hong Kong were, in order of value (billions of USD), share and variation: China (162.37; 43.62%; +13.45%), Japan (33.51; 9%; +5.66%), Taiwan (26.54; 7.13%; +6.47%), United States (18.91; 5.08%, +24.84%), South Korea (17.71; 4.76%; +9.52%). In third place, exports from the European Union (27 countries) were +22.47% at 30.36 billion USD, a share of 8.16%.
Among the EU countries exporting to Hong Kong, Italy is in second place after Germany, which posted an increase of 14.33% and a market share of 1.68%. The United Kingdom follows Italy with +21.41%, a share of 1.38%.
Exports from Hong Kong were: China (+13.34%), United States (+0.29%), Japan (+5.93%), India (+29.80%) and Taiwan (+27.04%), which are, in order, the five main importing countries. In 18th place, Italy posted +4.02%. Of the importing countries, the European Union was in second place after China, with +3.38%. Among the importing countries in the European Union, Italy is in fifth place after Germany, United Kingdom, Holland and France.
An analysis of the trend for the top 15 product categories imported from Hong Kong showed: apparel +51.57%, leatherwear +50.04%, crafts +44.69%, machinery and electric machinery +23.66%, leather and hides +18.16%, fabrics and yarns +9.9%, jewelry +20.24%, footwear +72.64%, chemical products and raw materials -4.08%, wine and agricultural products +37.20%, optical products +40.79%, vehicles in general +16.90%, cosmetics +22.93%, metals and metal products -29.37%, furnishing and lighting +27.46%.
In September 2011, Hong Kong’s re-exportation of goods from various countries of origin stood at 320.48 billion USD (+12.75%), 2.23 billion of which came from Italian, 193.2 billion from China and 125.05 billion from other countries. The top five importing countries were, in order: China at 170.84 billion (+11.90%), 1.66 billion of which from Italy, United States at 30.71 billion (+0.40%), Japan at 12.45 billion (+6.31%), India at 9.27 billion (+31.25%) and Germany at 8.50 billion (+13.94%). The value of products re-exported to the European Union stood at 34.17 billion USD, a share of 10.67% (+9.05%).
The incidence of re-exports from Hong Kong to Italy was 2.82 billion USD, +3.93% against the same period in 2010 for the main categories in order of value: machinery and electric machinery (+8%), apparel (+1.94%), leatherwear (+19.35%), optical products (+0.60%), toys and sports equipment (-11.50%), footwear (-0.21%), watches and parts (-6.82%), jewelry (-12.43%), crafts (+25.28%), metals and metal products (+9.28%).
Out of a total of 2.82 billion USD for products re-exported from Hong Kong to Italy, Chinese items recorded 2.69 billion USD (95.23%).
