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Hong Kong: import/export trend

Hong Kong: import/export trend

In November 2008, Hong Kong’s imports from Italy grew by +12,06% compared to the first 11 months of 2007 and totaled 4,650 million US dollars with a share of 1.28%. Exports (re-exportation + national products) from Hong Kong to Italy grew by 4.27% to 3,990 million with a share of 1.16%. Hong Kong’s imports from the rest of the world increased by 8.25% to 364,835 million US dollars and exports also increased by 7.49% to 343,171 million.

During the same period, imports by the first five supplier countries were, in order of value, (USD millions), share and variation: China (167,718; 45.97%; +8.59%), Japan (37,624; 10.31%; +9%), Taiwan (24,945; 6.84%; -0.83%), South Korea (18,423; 5.05%; +1.41%), United States (16,327; 4.48%, +15.08%). Imports from the EU (27 countries) came in third place at +14.75%; 28,872 USD and a 7.91% share. Of the EU countries exporting to Hong Kong, Italy is in third place after Germany and the United Kingdom at +12.01% and +22.84% and a market share of 1.80% and 1.47%, respectively.

Exports (re-exportation + national products) from Hong Kong were as follows: China (+7.47%), United States (-1.15%), Japan (+2.42%), Germany (+17.25%) United Kingdom (+2.08%), which were the first five destination countries. In 15th place, exports to Italy were +4.27%. In second place after China, the European Union (27 countries) figure is +8.01%. Of the European Union countries, Italy as a buying country is in fifth place after Germany, United Kingdom, Holland and France.

In order of value, the main product groups imported from Italy over the first eleven months of the year showed the following trend: fabrics and yarns -6.85%, apparel +28.21%, leatherwear +39.54%, leather and leather goods -3.31%, machinery and electrical machinery +5.60%, jewelry +10%, artisan products +47.78%, footwear +41.37%, chemical products and raw materials +2.69%, transport in general +77.07%, wine and food products +42.20%, metals and metal products +11.72%, optical products -0.67%, cosmetics +25.34%, furnishing and lighting +22.90%.

In November 2008, Hong Kong re-exported goods from various countries of origin for a value of 327.71 billion US dollars (+8.22%), 2.18 billion of which were from Italy and 202.96 billion from China. The first five destination countries were, respectively: China for almost 161 billion (1.75 billion of Italian origin), United States for 40.63 billion, Japan for 14.08 billion, Germany for 10.85 billion and United Kingdom for 8.61 billion. The value of the products re-exported to the European Union (27 countries), exceeded 44.5 billion US dollars, with a share of 13.60% and +10.29%. The re-exported goods from Hong Kong to Italy totaled 3,885 million US dollars, +5.42% compared to the same period 2007. In order of value, these were for machinery and electrical machinery (+1.38%), apparel (+2.95%), leatherwear (+13.23%), toys and sports equipment (+11.84%), optical products (-10.50%), watches and parts (+9.40%), jewelry (+3.79%), footwear (+24.59%), artisan products (+10.82%). Out of 3,885 million US dollars, 3,741 million (96.3%) was the value of products of Chinese origin that were re-exported from Hong Kong to Italy.
 

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