| March 2012 |
Total Exports To Hong Kong
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Gold | $1,828,042,489 |
2 | Diamonds, not mounted | $786,804,827 |
3 | Aircraft | $727,973,355 |
4 | Jewelry, parts | $478,326,088 |
5 | Electronic integrated circuits | $466,189,474 |
6 | Landline, cellular phone equipment | $405,146,452 |
7 | Photo-sensitive semi-conductors, parts | $245,309,184 |
8 | Almonds, walnuts, pistachios, hazelnuts, etc. | $230,091,862 |
9 | Computers | $222,829,180 |
10 | Computer parts | $189,937,590 |
Total Imports From Hong Kong
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Imports of returned exports | $472,388,740 |
2 | Jewelry, parts | $65,491,051 |
3 | Diamonds, not mounted | $45,286,568 |
4 | Landline, cellular phone equipment | $39,664,905 |
5 | Computers | $26,622,012 |
6 | Computer parts | $23,574,582 |
7 | TVs, computer monitors | $19,687,491 |
8 | Precious stones | $18,518,474 |
9 | Toys, scale models, puzzles | $17,273,616 |
10 | Books, brochures | $14,465,071 |
| March 2012 |
Top Hong Kong Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | New York City | $3,275,284,474 |
2 | Los Angeles | $1,838,633,497 |
3 | Great Falls, Mont. | $1,077,993,330 |
4 | San Francisco | $825,166,010 |
5 | Seattle | $692,240,681 |
6 | Cleveland | $412,480,416 |
7 | Anchorage | $372,989,586 |
8 | Atlanta/Savannah | $345,291,641 |
9 | Chicago | $303,800,619 |
10 | New Orleans | $271,539,050 |
Top US Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CANADA | $153,987,495,076 |
2 | MEXICO | $122,398,351,478 |
3 | CHINA | $120,983,448,879 |
4 | JAPAN | $54,762,867,594 |
5 | GERMANY | $38,277,050,668 |
6 | UNITED KINGDOM | $28,840,373,748 |
7 | SOUTH KOREA | $25,150,256,689 |
8 | BRAZIL | $19,088,773,913 |
9 | SAUDI ARABIA | $18,638,133,172 |
10 | FRANCE | $17,857,130,070 |
Hong Kong’s trade rose to $10,535,029,405 through March
Hong Kong’s trade with the United States rose to $10,535,029,405 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 12.36 percent above its total trade during the same time period last year. Hong Kong’s exports increased 11.64 percent while imports rose 18.41 percent. The U.S. surplus with Hong Kong was $8,190,856,747.
Through March, Hong Kong’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Los Angeles, No. 3 Great Falls, Mont., No. 4 San Francisco and No. 5 Seattle compared to last year when the top spots were held by No. 1 New York City, No. 2 Los Angeles, No. 3 San Francisco, No. 4 Atlanta/Savannah and No. 5 Anchorage. In the current time period, the top five accounted for 36.65 percent of Hong Kong’s U.S. trade.. That compares to 21.62 percent for the nation’s top five Customs districts during the same time period.Taking a closer look at the leading U.S. gateways for U.S. trade with Hong Kong,:
- Trade with No. 1 New York City fell -5.71 percent to $3,275,284,474.
Exports fell -14.59 percent to $2,738,352,507. Imports rose 100.88 percent to $536,931,967. - Trade with No. 2 Los Angeles rose 2.54 percent to $1,838,633,497.
Exports rose 4.84 percent to $1,633,359,749. Imports fell -12.73 percent to $205,273,748. - Trade with No. 3 Great Falls, Mont. rose 361.55 percent to $1,077,993,330.
Exports rose 367.04 percent to $1,073,779,918. Imports rose 15.50 percent to $4,213,412. - Trade with No. 4 San Francisco rose 7.46 percent to $825,166,010.
Exports rose 7.45 percent to $774,929,784. Imports rose 7.62 percent to $50,236,226. - Trade with No. 5 Seattle rose 105.62 percent to $692,240,681.
Exports rose 113.07 percent to $681,122,797. Imports fell -34.56 percent to $11,117,884.
Through March, 37 Customs districts posted trade surpluses with Hong Kong while 7 had deficits. That compares with 35 surpluses and 8 deficits for the same period one year ago. The top surplus was with New York City at $2,201,420,540, the largest deficit was with St. Louis at $-6,784,885.
Meanwhile, total U.S. trade with the world increased to $934,379,177,983, up 8.63 percent compared to the same period last year. The nation’s exports climbed 3.54 percent to $30,467,217,700; imports rose 5.09 percent to $43,800,507,934. The nation’s top five countries so far this year, by value, are Canada, Mexico, China, Japan and Germany. The overall trade deficit was $-171,264,242,143, up compared to the same period of last year when the deficit was $-157,930,951,909.
The top five U.S. exports to Hong Kong by value through March were gold; diamonds, not mounted; aircraft; jewelry, parts; and electronic integrated circuits, respectively. They accounted for 45.79 percent of total exports to Hong Kong.
The value of the top five U.S. imports from Hong Kong -- imports of returned exports; jewelry, parts; diamonds, not mounted; landline, cellular phone equipment; and computers -- accounted for 55.41 percent of all inbound shipments.
Looking more closely at U.S. exports to Hong Kong:
- Gold rose 6.51 percent compared to last year to $1,828,042,489.
- Diamonds, not mounted rose 18.81 percent compared to last year to $786,804,827.
- Aircraft rose 139.04 percent compared to last year to $727,973,355.
- Jewelry, parts rose 34.15 percent compared to last year to $478,326,088.
- Electronic integrated circuits fell -2.35 percent compared to last year to $466,189,474.
Looking more closely at U.S. imports from Hong Kong
- Imports of returned exports rose 115.84 percent compared to last year to $472,388,740.
- Jewelry, parts rose 2.09 percent compared to last year to $65,491,051.
- Diamonds, not mounted rose 128.97 percent compared to last year to $45,286,568.
- Landline, cellular phone equipment fell -50.55 percent compared to last year to $39,664,905.
- Computers fell -48.75 percent compared to last year to $26,622,012.
In the latest annual figures available, Hong Kong recorded $9,376,330,777 in trade with the United States. At year’s end, its top five Customs districts were New York City, Los Angeles, San Francisco, Seattle and Great Falls, Mont.. Total U.S. exports to Hong Kong were $36,512,581,188 and imports from Hong Kong were $4,297,813,398. The U.S. surplus with Hong Kong was $32,214,767,790.