Hong Kong Exports Stay Close to Four-Year High

Exports from Hong Kong soared 24.7% year-on-year to $408.8 billion in February 2026, following a 33.8% increase in the previous month. This was largely driven by increased sales of electrical machinery, apparatus and appliances, and electrical parts thereof (41.5%), telecommunications and sound recording and reproducing apparatus and equipment (41.5%), non-ferrous metals (289.4%), miscellaneous manufactured articles (52.3%), and articles of apparel and clothing accessories (23.1%). The only decline was seen in professional, scientific, and controlling instruments and apparatus (-9.6%). Exports recorded the largest gains to Malaysia (121.9%), Singapore (69.8%), Thailand (36.9%), the US (38.8%), Taiwan (33.4%), and Mainland China (21.9%).

Exports from Hong Kong surged by 33.8% year-on-year to a record high of $520.6 billion in January 2026, accelerating from a 26.1% increase in the previous month. This marked the strongest annual growth since January 2021, with expansion recorded across most major commodity categories. Sales increased the most for electrical machinery, apparatus and appliances, and electrical parts thereof (39.4%), followed by telecommunications and sound recording and reproducing apparatus and equipment (51.9%), office machines and automatic data processing machines (25.4%), and miscellaneous manufactured articles (25.9%). The only decline was seen in machinery specialized for particular industries (-46.9%). By destination, exports to Mainland China jumped by 40.6%, while those to the USA rose by 23.3% and shipments to Vietnam increased by 31%. However, exports to India fell by 18%.

Exports from Hong Kong surged 26.1% year-on-year to an all-time high of USD 512.8 billion in December 2025, after an 18.8% increase in the previous month. This marked the strongest annual growth since January 2024, driven by broad-based gains across most product categories. Notably, electrical machinery and apparatus (30.7%), telecommunications and sound recording equipment (46.8%), office machines and automatic data processing equipment (11.1%), and miscellaneous manufactured articles (30.4%) saw substantial growth. The only decline was in articles of apparel and clothing accessories, which fell 16.1%. By destination, exports rose sharply to China (24.9%), the US (47.5%), and Vietnam (29.4%), but declined to India (-6.6%).