China, Hong Kong SAR

China, Hong Kong SAR

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China, Hong Kong SAR-Guam Bilateral Trade Analysis 2023

Complete trade statistics: $30.53M total volume •China, Hong Kong SAR surplus: $27.30M

China, Hong Kong SARGuam

$28.92M

Exports (2023)

GuamChina, Hong Kong SAR

$1.62M

Imports (2023)

Trade Balance

$27.30M

Surplus for China, Hong Kong SAR

Total Trade

$30.53M

Combined Volume

Trade Flow Visualization

Direct trade relationship between China, Hong Kong SAR and Guam. Green line shows exports from China, Hong Kong SAR, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the China, Hong Kong SAR-Guam commercial relationship and competitive positioning in global markets.

China, Hong Kong SARGuam Exports

$28.92M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
21.9% top product
1Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$6.34M
21.9% of exports
2Cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of leather or of composition leather
$3.77M
13.0% of exports
3Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding
$2.40M
8.3% of exports
4Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with mechanical display only
$1.95M
6.8% of exports
5Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
$1.08M
3.8% of exports

🎯 Strategic Export Focus

China, Hong Kong SAR's export portfolio to Guam demonstrates strategic specialization, with jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof representing a key competitive advantage in this bilateral market.

GuamChina, Hong Kong SAR Imports

$1.62M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
24.5% concentration
1Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$397,031
24.5% of imports
2Cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of leather or of composition leather
$361,265
22.3% of imports
3Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal
$102,124
6.3% of imports
4Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles and uppers of leather
$97,417
6.0% of imports
5Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$86,272
5.3% of imports

📦 Import Strategy Analysis

China, Hong Kong SAR's import pattern from Guam reveals significant dependencyin jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

China, Hong Kong SAR demonstrates competitive strength in exportingjewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof to Guam, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $30.53M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: China, Hong Kong SAR-Guam Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $30.53 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: China, Hong Kong SAR maintains a surplus of $27.30 million
  • Export Focus: China, Hong Kong SAR's primary exports include jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of leather or of composition leather, wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding
  • Import Dependencies: Key imports from Guam include jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of leather or of composition leather, wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $30.53M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with China, Hong Kong SAR leveraging its comparative advantages in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

China, Hong Kong SAR's specialization in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereofcomplements Guam's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $30.53M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $30.53M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $30.53 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof and jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

China, Hong Kong SAR's trade surplus of $27.30 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of leather or of composition leather present expansion opportunities.
Market Diversification
Beyond current focus on jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between China, Hong Kong SAR and Guam represents a total trade volume of $30.53 million in 2023. This partnership demonstrates a favorable trade balance for China, Hong Kong SAR, with exports exceeding importsby $27.30 million.

Export Strengths

China, Hong Kong SAR's exports to Guam total $28.92 million, with competitive advantages in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, representing $6.34M or21.9% of bilateral exports.

Import Dependencies

Imports from Guam amount to $1.62 million, highlighting economic interdependence in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, with Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof comprising24.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates China, Hong Kong SAR's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between China, Hong Kong SAR and Guam in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023