Hong Kong balance of trade


Hong Kong balance of trade: -55740 (360.66%)
Last Update: June 30, 2024

Hong Kong balance of trade closed down -55740 as of June 30, 2024 from -12100 from the previous month and -56574 from last year.


Hong Kong balance of trade Analytics & Data




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Hong Kong balance of trade

DateValues
2024-06-30 -55740
2024-05-31 -12100
2024-04-30 -10194
2024-03-31 -45012
2024-02-29 -41651
2024-01-31 3643
2023-12-31 -59862
2023-11-30 -27917
2023-10-31 -25752
2023-09-30 -64580
2023-08-31 -25592
2023-07-31 -29988
2023-06-30 -56574
2023-05-31 -26399
2023-04-30 -36575
2023-03-31 -40595
2023-02-28 -45365
2023-01-31 -25373
2022-12-31 -51646
2022-11-30 -27089
2022-10-31 -20869
2022-09-30 -44920
2022-08-31 -13264
2022-07-31 -27554

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Hong Kong balance of trade Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
balance of tradehk.balanceoftrade-55740.0-12100361-1DownUP552024-06-30

Hong Kong balance of trade Factors

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Hong Kong balance of trade Historical Data

The MacroVar database offers free access to historical data for the Hong Kong balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hong Kong balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hong Kong balance of trade

The balance of trade in Hong Kong refers to the difference between the value of goods and services that the country exports and the value of goods and services that it imports. A positive balance of trade occurs when exports exceed imports, resulting in a trade surplus. Conversely, a negative balance of trade occurs when imports exceed exports, leading to a trade deficit. Hong Kong is known for its strong trade relationships with countries around the world, particularly in Asia. The city's economy relies heavily on trade, with exports such as electronics, clothing, and machinery playing a significant role in driving economic growth. A favorable balance of trade is important for Hong Kong as it can lead to increased revenue, job creation, and overall economic stability.