Hong Kong Exports Soar 53% in August

Hong Kong’s exports surged 53% year-on-year to $667.9 billion in August 2026, accelerating from 50.7% in the previous month. Export growth was led by electrical machinery, apparatus and appliances, and electrical parts thereof (62.6% vs 54% in July), office machines and automatic data processing machines (131% vs 106.5%), power generating machinery and equipment (19.9% vs 16.7%), and non-ferrous metals (128.9% vs 84.3%). In contrast, sales eased notably for telecommunications and sound recording and reproducing apparatus and equipment (20.2% vs 37.2%) and miscellaneous manufactured articles (44.1% vs 108.7%). Regionally, exports to Asia jumped 59.2%, led by Mainland China (61.2%), Malaysia (101.7%), and Vietnam (83.3%). Exports to other major markets also recorded strong gains, including the US (64.2%) and Mexico (68.8%).

Hong Kong’s exports surged 50.7% year-on-year to a record $672.5 billion in July 2026, although easing from 53.4% in June. Outbound shipments slowed for electrical machinery, apparatus and appliances, and electrical parts thereof (54% vs 57.2% in June), telecommunications and sound recording and reproducing apparatus and equipment (37.2% vs 69.9%), power generating machinery and equipment (16.7% vs 23.5%), and photographic apparatus, equipment and supplies, optical goods, watches and clocks (8.5% vs 9.4%). In addition, exports tumbled for professional, scientific and controlling instruments and apparatus (-10.2% vs 18.1%) and machinery specialized for particular industries (-8.8% vs 4.1%). In contrast, outbound shipments accelerated for office machines and automatic data processing machines (106.5% vs 93.2%). Regionally, exports to Asia grew 54.6%, led by Mainland China (56.5%). Exports to other major markets also recorded strong gains, including the US (92.9%) and Mexico (48.9%).

Exports from Hong Kong surged 53.4% year-on-year to an all-time high of $641.1 billion in June 2026, accelerating from a 40.8% increase in the previous month. It marked the strongest annual growth since March 1984, driven primarily by robust shipments of electrical machinery, apparatus and appliances, and electrical parts thereof (57.2% vs 56.1% in May), office machines and automatic data processing machines (93.2% vs 50.2%), telecommunications and sound recording and reproducing apparatus and equipment (69.9% vs 37.6%), miscellaneous manufactured articles (58.6% vs 29.6%), power generating machinery and equipment (23.5% vs 7.6%), and professional, scientific and controlling instruments and apparatus (18.1% vs 7.3%). Regionally, exports to Asia climbed 54.4%, led by Mainland China and Hong Kong (59.2%), Singapore (83.0%), and Taiwan (79.9%). Shipments to other major markets also posted strong gains, including the US (114.3%) and Mexico (94.2%).