Imports to Hong Kong dropped 7.1 percent over a year earlier to HKD 338.9 billion in June 2020, mostly due to lower purchases of non-metallic mineral manufactures (-51.1%); miscellaneous manufactured articles (-29.1%); and photographic apparatus, equipment and supplies, optical goods, watches and clocks (-43.8%). On the other hand, purchases rose for telecommunications and sound recording and reproducing apparatus and equipment (11.5%) and electrical machinery, apparatus and appliances, and electrical parts thereof (2.6%). Imports declined from the USA (-32.8%), Japan (-9.8%), South Korea (-9.3%), Thailand (-5.9%) and China Mainland (-5.8%), but increased from Vietnam (+43.4%), Malaysia (+15.5%) and Taiwan (+14.5%).
Imports in Hong Kong averaged 97737.50 HKD Million from 1952 until 2020, reaching an all time high of 428452 HKD Million in August of 2018 and a record low of 230 HKD Million in February of 1954. This page provides - Hong Kong Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Imports - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Census and Statistics Department, Hong Kong
Imports in Hong Kong is expected to be 335000.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Hong Kong to stand at 380000.00 in 12 months time. In the long-term, the Hong Kong Imports is projected to trend around 390000.00 HKD Million in 2021 and 400000.00 HKD Million in 2022, according to our econometric models.