Hong Kong Exports Hit New Record High

Exports from Hong Kong rose 40.8% year-on-year to a three-month low of $611.2 billion in May 2026, easing from April's more than five-year high of 42.9%. Shipments moderated across several major categories, particularly telecommunications and sound recording equipment (37.6% vs 54.6% in April), miscellaneous manufactured articles (29.6% vs 48.3%), power-generating machinery and equipment (7.6% vs 24.1%), and non-ferrous metals (39.8% vs 117.1%). In contrast, shipments of electrical machinery, apparatus, appliances, and related parts accelerated to 56.1% from 49.5%, while exports of office machines and automatic data-processing equipment rose 50.2%, from 41.5% in the previous month. Regionally, exports to Asia increased 44.6%, supported by strong growth in shipments to Mainland China (48.5%), Singapore (114.2%), Taiwan (90.2%), and Vietnam (67.8%). Elsewhere, exports to the United Kingdom and the United States also strengthened, surging 61.7% and 55.7%, respectively.

Exports from Hong Kong soared 42.9% year-on-year to a record high of $620.9 billion in April 2026, accelerating from a 35.8% increase in the previous month. It marked the strongest annual growth since January 2021, driven mainly by robust shipments of electrical machinery, apparatus and appliances, and electrical parts thereof (49.5% vs 47.9% in March), office machines and automatic data processing machines (41.5% vs 5.0%), and miscellaneous manufactured articles (48.3% vs 28.4%). In addition, exports rebounded sharply for non-metallic mineral manufactures (57.5% vs -1.7%) and photographic apparatus, equipment and supplies, optical goods, watches and clocks (20.3% vs -4.1%). Shipments to Asia climbed 43.7%, led by Mainland China (40.7% vs 39.5%), Vietnam (69.3% vs 29.9%), and Taiwan (72.7% vs 50.9%). In contrast, export growth to the US slowed markedly to 37.5% from 80.8% in March 2026.

Exports from Hong Kong soared by 35.8% year-on-year to an all-time high of $61.8 billion, accelerating from a 24.7% gain in the previous month. It marked the strongest annual growth since January 2021, primarily driven by solid shipments of electrical machinery, apparatus and appliances, and electrical parts thereof (47.9% vs 30.8% in February), telecommunications and sound recording and reproducing apparatus and equipment (94.7% vs 41.5%), and power generating machinery and equipment (35.9% vs 4.4%). Meanwhile, exports slowed for office machines and automatic data processing machines (5% vs 7%), miscellaneous manufactured articles (28.4% vs 52.3%), and non-ferrous metals (175.9% vs 289.4%). Shipments to Asia grew 37.8%, led by Singapore (125%), Malaysia (62.3%), and Thailand (61.7%). Other key destinations included the USA (80.8%) and the Netherlands (37.1%). In contrast, exports declined to the UK (-29.1%).