Manufacturing Production in Hong Kong advanced 5.6 percent year-on-year in the second quarter of 2021, following a 2.6 percent increase in the previous period. It was the largest growth in manufacturing output since the fourth quarter of 2010, boosted by increase in production of food, beverages & tobacco (7.1 percent vs 5.3 percent in Q1 2021); and miscellaneous manufacturing industries (7.4 percent vs 3 percent). Moreover, output rebounded for textiles and wearing apparel (1.5 percent vs -2.9 percent); and paper products, printing and reproduction of recorded media industry (2.7 percent vs -2.6 percent). Meanwhile, production continued to decline further for metal, computer, electronic and optical products, machinery, and equipment industry (-2.3 percent vs -1.2percent). On a seasonally adjusted basis, manufacturing activity increased 1.9% in the second quarter of 2021 compared with the first quarter of 2021. source: Census and Statistics Department, Hong Kong

Industrial Production in Hong Kong averaged 0.34 percent from 1983 until 2021, reaching an all time high of 23.90 percent in the first quarter of 1987 and a record low of -14.20 percent in the fourth quarter of 1998. This page provides - Hong Kong Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Industrial Production in Hong Kong is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Manufacturing Production is projected to trend around 3.40 percent in 2022, according to our econometric models.

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Hong Kong Manufacturing Production


Calendar GMT Actual Previous Consensus TEForecast
2021-06-15 08:30 AM Q1 2.6% -6.1% 1.5%
2021-09-13 08:30 AM Q2 5.6% 2.6% 13%
2021-12-13 08:30 AM Q3 5.6% 8.9%


Related Last Previous Unit Reference
Business Confidence 1.00 6.00 points Dec/21
Industrial Production 5.60 2.60 percent Jun/21
Changes in Inventories 17854.00 8973.00 HKD Million Sep/21
Bankruptcies 16702.00 11385.00 Companies Sep/21
Car Registrations 3554.00 3066.00 Sep/21

News Stream
Hong Kong Q2 Industrial Output Growth at 10-½- Year High
Manufacturing Production in Hong Kong advanced 5.6 percent year-on-year in the second quarter of 2021, following a 2.6 percent increase in the previous period. It was the largest growth in manufacturing output since the fourth quarter of 2010, boosted by increase in production of food, beverages & tobacco (7.1 percent vs 5.3 percent in Q1 2021); and miscellaneous manufacturing industries (7.4 percent vs 3 percent). Moreover, output rebounded for textiles and wearing apparel (1.5 percent vs -2.9 percent); and paper products, printing and reproduction of recorded media industry (2.7 percent vs -2.6 percent). Meanwhile, production continued to decline further for metal, computer, electronic and optical products, machinery, and equipment industry (-2.3 percent vs -1.2percent). On a seasonally adjusted basis, manufacturing activity increased 1.9% in the second quarter of 2021 compared with the first quarter of 2021.
2021-09-13
Hong Kong Factory Output Growth at 10-Year High
Manufacturing production in Hong Kong advanced 2.6 percent year-on-year in the first quarter of 2021, rebounding from an upwardly revised 6.1 percent fall in the previous period. The latest reading pointed to the first expansion in manufacturing output since the three months ending September of 2019 and it was the fastest annual growth since the first quarter of 2011. Production went up mainly for food, beverages & tobacco (5.4 percent vs -11.5 percent in 4Q 2020) and miscellaneous manufacturing industries (2.8 percent vs -4.5 percent). On the other hand, output continued to fall in textiles and wearing apparel (-2.8 percent vs -0.6 percent); paper products, printing and reproduction of recorded media industry (-2.7 percent vs -3.4 percent); and the metal, computer, electronic and optical products, machinery and equipment industry (-1.3 percent vs 0.6 percent).
2021-06-15
Hong Kong Factory Output Extends the Decline
Manufacturing production in Hong Kong sank 6% year-on-year in the last three months of 2020, marking the 5th consecutive quarter of falling output. Production went down mainly for food, beverages and tobacco (-11.3%); paper products, printing and reproduction of recorded media industry (-3.4%); and textiles and wearing apparel (-0.5%). On the other hand, an increase in output volume was recorded in the metal, computer, electronic and optical products, machinery and equipment industry (0.7%). Considering full 2020, manufacturing output dropped 5.8% after adding 0.4% in 2019.
2021-03-12

Hong Kong Manufacturing Production
In Hong Kong, industrial production measures the output of businesses integrated in manufacturing sector of the economy.