Hong Kong Imports Surge in October

Imports to Hong Kong surged 30.6% year-on-year to reach a record high of USD 576 billion in December 2025, following an 18.1% increase in the previous month. This marked the fastest annual growth since June 2021, fueled by increased purchases across all product categories. The largest increases were observed in electrical machinery, apparatus, and appliances, including parts (27.9%), telecommunications and sound recording/reproducing equipment (59.6%), office machines and automatic data processing machines (47%), miscellaneous manufactured articles (41%), and power-generating machinery and equipment (43.2%). By source, imports grew most from Mainland China (33.9%), Taiwan (30.8%), Singapore (17.2%), and Korea (15.9%), while arrivals from Thailand declined by 6.4%.

Imports to Hong Kong surged 18.1% year-on-year to $517.4 billion in November 2025, hitting the highest since December 2021, following an 18.3% gain in October. Growth was driven by electrical machinery and parts (+16.9%), telecommunications and sound recording equipment (+34.3%), office machines and automatic data processing machines (+7.9%), and professional, scientific and controlling instruments (+20.5%), while miscellaneous manufactured articles fell 4.5%. By source, imports rose most sharply from Vietnam (+102.3%), Mainland China (+25.0%), Malaysia (+21.1%), the UK (+19.7%), the US (+17.8%), Japan (+5.1%), Taiwan (+3.1%) and Singapore (+1.6%), while imports from Korea declined by 6.3%.

Imports to Hong Kong surged 18.3% year-on-year to $501.7 billion in October 2025, marking the fastest pace in five months and accelerating from a 13.6% gain in September. Gains were led by electrical machinery, apparatus and appliances, and electrical parts (+21.5%), telecommunications and sound recording and reproducing apparatus (+45.5%), and office machines and automatic data processing machines (+10.2%). By contrast, imports fell in miscellaneous manufactured articles (-4.5%) and professional, scientific and controlling instruments (-1.0%). Regionally, purchases increased the most from Mainland China (+18.4%), Taiwan (+7.9%), Singapore (+20.8%), and Japan (+4.6%), while imports from the US (-10.4%) and Korea (-4.5%) declined.