HK exports surge to nearly all major markets
Hong Kong recorded year-on-year increases in both exports and imports last month, with the outflow to almost all major markets seeing a sharp surge, the government said. Figures released by the Census and Statistics Department on Thursday showed that the value of total exports of goods increased by 53 percent over a year earlier to HK$667.9 billion in August. This came after a year-on-year…
Hong Kong's exports surged, reaching nearly all major markets last month, according to government figures. The value of total exports of goods increased by 53 percent year-on-year to HK$667.9 billion in August, a climb following a 50.7 percent surge in July. Imports also rose by 60 percent over a year earlier to HK$739.1 billion, up from a 41 percent increase in July.
For the first eight months of the year, Hong Kong's exports saw a 42.5 percent rise compared to the same period in 2025, while imports grew by 43.2 percent. The country recorded a trade deficit of HK$371.2 billion, which was 7.2 percent of the import value. A government spokesman attributed the export surge to robust demand for AI-related electronic products, emphasizing that Hong Kong's merchandise trade performance is expected to stay strong due to sustained global demand for these products.
However, the spokesman warned that the external environment remains uncertain due to geopolitical tensions in the Middle East and ongoing protectionist trade measures by major economies, calling for close monitoring.
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