Hong Kong’s trade deficit widened to $29.5 billion in April 2026 from $16 billion in the same month a year earlier, though it remained the smallest gap since January. Exports surged 42.9% year-on-year to a record $620.9 billion, driven by strong shipments of electrical machinery, apparatus and appliances, and electrical parts thereof (49.5%), as well as telecommunications and sound recording and reproducing apparatus and equipment (54.6%). Exports to Asia jumped 43.7%, while shipments to other major destinations also rose sharply, including the US (37.5%) and the UK (88.8%). Meanwhile, imports climbed 44.4% to $650.4 billion, supported by higher purchases of electrical machinery, apparatus and appliances, and electrical parts thereof (46.8%), telecommunications and sound recording and reproducing apparatus and equipment (62.1%), and miscellaneous manufactured articles (95.4%). Imports increased most from Mainland China (46.8%), the UK (80.5%), and South Korea (117.4%). source: Census and Statistics Department, Hong Kong

Hong Kong recorded a trade deficit of 29483 HKD Million in April of 2026. Balance of Trade in Hong Kong averaged -10379.08 HKD Million from 1952 until 2026, reaching an all time high of 7228.00 HKD Million in January of 2009 and a record low of -89084.00 HKD Million in March of 2026. This page provides the latest reported value for - Hong Kong Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hong Kong Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Hong Kong recorded a trade deficit of 29483 HKD Million in April of 2026. Balance of Trade in Hong Kong is expected to be -45000.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Balance of Trade is projected to trend around -33000.00 HKD Million in 2027 and -40000.00 HKD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-28 08:30 AM
Balance of Trade
Mar H$-89.1B H$-64.2B H$ -43B
2026-05-28 08:30 AM
Balance of Trade
Apr H$-29.5B H$-89.1B H$-46.0B
2026-06-25 08:30 AM
Balance of Trade
May H$-29.5B


Related Last Previous Unit Reference
Balance of Trade -29483.00 -89084.00 HKD Million Apr 2026
Capital Flows 132357.00 134420.00 HKD Million Dec 2025
Current Account 93872.00 94896.00 HKD Million Dec 2025
Current Account to GDP 12.20 13.10 percent of GDP Dec 2025
Exports 620884.00 618401.00 HKD Million Apr 2026
Exports YoY 42.90 35.80 percent Apr 2026
External Debt 16054289.00 15746080.00 HKD Million Dec 2025
Foreign Direct Investment 20873.43 20783.30 HKD Billion Dec 2025
Imports 650368.00 707484.00 HKD Million Apr 2026
Imports YoY 44.40 41.20 percent Apr 2026
Terms of Trade 99.90 100.20 points Mar 2026
Tourist Arrivals 4354229.00 5141714.00 Mar 2026


Hong Kong Balance of Trade
Since the late 1990’s Hong Kong has been recording trade deficits, as imports grew at a faster pace than exports. Hong Kong major exports are electrical machinery, apparatus and appliances; telecommunications and sound equipment and automatic data processing machines. The country imports mainly machinery and transport equipment; miscellaneous manufactured articles; manufactured goods and food and live animals. Main trading partner is China (40 percent of total exports and 47 percent of total imports). Others include: Japan, Singapore, Taiwan and the United States.
Actual Previous Highest Lowest Dates Unit Frequency
-29483.00 -89084.00 7228.00 -89084.00 1952 - 2026 HKD Million Monthly

News Stream
Hong Kong Trade Deficit at 3-Month Low
Hong Kong’s trade deficit widened to $29.5 billion in April 2026 from $16 billion in the same month a year earlier, though it remained the smallest gap since January. Exports surged 42.9% year-on-year to a record $620.9 billion, driven by strong shipments of electrical machinery, apparatus and appliances, and electrical parts thereof (49.5%), as well as telecommunications and sound recording and reproducing apparatus and equipment (54.6%). Exports to Asia jumped 43.7%, while shipments to other major destinations also rose sharply, including the US (37.5%) and the UK (88.8%). Meanwhile, imports climbed 44.4% to $650.4 billion, supported by higher purchases of electrical machinery, apparatus and appliances, and electrical parts thereof (46.8%), telecommunications and sound recording and reproducing apparatus and equipment (62.1%), and miscellaneous manufactured articles (95.4%). Imports increased most from Mainland China (46.8%), the UK (80.5%), and South Korea (117.4%).
2026-05-28
Hong Kong Trade Deficit Largest Since 1952
Hong Kong’s trade deficit widened sharply to $89.1 billion in March 2026 from $45.4 billion in the same month a year earlier, marking the largest trade gap since records began in January 1952. Imports climbed 41.2% year-on-year to an all-time high of $70.7 billion, largely reflecting higher purchases across most principal commodity divisions, particularly electrical machinery, apparatus and appliances, and electrical parts thereof (49.5%) and telecommunications and sound recording and reproducing apparatus and equipment (93%). Imports rose most strongly from the UK (118.5%) and Korea (112.2%). Meanwhile, exports increased 35.8% to a record $61.8 billion, supported by solid growth in shipments of electrical machinery, apparatus and appliances, and electrical parts thereof (47.9%) and telecommunications and sound recording and reproducing apparatus and equipment (94.7%). Shipments to Asia grew 37.8%, while other key destinations included the US (80.8%) and the Netherlands (37.1%).
2026-04-28
Hong Kong Trade Deficit Widens in February
Hong Kong’s trade deficit widened sharply to $64.2 billion in February 2026 from $36.3 billion in the same month last year. Imports surged 29.9% year-on-year to $472.9 billion, primarily driven by higher purchases of electrical machinery, apparatus and appliances, and elecrical parts thereof (30.5%), as well as non-ferrous metals (474.8%), and telecommunications and sound recording and reproducing apparatus and equipment (67.6%). Imports rose the most from the United Kingdom (230.6%), India (130.8%), and Korea (113.6%). Meanwhile, exports soared 24.7% year-on-year to $408.8 billion, largely driven by increased sales of electrical machinery, apparatus and appliances, and elecrical parts thereof (41.5%), along with telecommunications and sound recording and reproducing apparatus and equipment (41.5%), and non-ferrous metals (289.4%). Exports recorded the largest gains to Malaysia (121.9%), Singapore (69.8%), Thailand (36.9%), Taiwan (33.4%), and Mainland China (21.9%).
2026-03-26