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USB 3 transfers up to 5000 Mbit / 625 Mbyte per second in optimal conditions (never reached, but just saying). Higher USB standards even more.
Any HDD is wayyy slower.
So yeah, good SSD via USB 3 etc., is way faster than some HDD.
But, SSDs are not meant for backups, they lack data retention, and price wise they're still way more pricy than HDDs per storage amount.