Manufacturing production in Hong Kong fell 1.2 percent year-on-year in the first quarter of 2022, following a 5.8 percent rise in the previous period. It was the first contraction since the fourth quarter of 2020, reflecting the impact of stringent lockdowns to control the region’s worst virus outbreak since the start of the pandemic. Downward pressure came mainly from manufacturing of food, beverages and tobacco (-4.4 percent); and paper products, printing and reproduction of recorded media (-3.4 percent). On the other hand, output increased in textiles and wearing apparel (6.1 percent) and for metal, computer, electronic and optical products, machinery and equipment (5.4 percent). source: Census and Statistics Department, Hong Kong

Industrial Production in Hong Kong averaged 0.42 percent from 1983 until 2022, 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 June of 2022.

Industrial Production in Hong Kong is expected to be 3.10 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 2023, according to our econometric models.

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Hong Kong Manufacturing Production



Calendar GMT Actual Previous Consensus TEForecast
2022-03-14 08:30 AM Q4 5.8% 7.6% 11%
2022-06-14 08:30 AM Q1 -1.2% 5.8% 7.1%
2022-09-14 08:30 AM Q2 -1.2%


Related Last Previous Unit Reference
Business Confidence -8.00 1.00 points Jun 2022
Industrial Production -1.20 5.80 percent Mar 2022
Changes in Inventories -17027.00 -19525.00 HKD Million Mar 2022
Bankruptcies 5604.00 4564.00 Companies Apr 2022
Car Registrations 1929.00 2993.00 Apr 2022

Hong Kong Manufacturing Production
In Hong Kong, industrial production measures the output of businesses integrated in manufacturing sector of the economy.
Actual Previous Highest Lowest Dates Unit Frequency
-1.20 5.80 23.90 -14.20 1983 - 2022 percent Quarterly

News Stream
Hong Kong Manufacturing Output Falls in Q1
Manufacturing production in Hong Kong fell 1.2 percent year-on-year in the first quarter of 2022, following a 5.8 percent rise in the previous period. It was the first contraction since the fourth quarter of 2020, reflecting the impact of stringent lockdowns to control the region’s worst virus outbreak since the start of the pandemic. Downward pressure came mainly from manufacturing of food, beverages and tobacco (-4.4 percent); and paper products, printing and reproduction of recorded media (-3.4 percent). On the other hand, output increased in textiles and wearing apparel (6.1 percent) and for metal, computer, electronic and optical products, machinery and equipment (5.4 percent).
2022-06-14
Hong Kong Manufacturing Production Continues to Rise in Q4
Manufacturing production in Hong Kong increased 5.8% year-on-year in the last quarter of 2021, following a downwardly revised 7.6% rise in the previous period. Output volumes rose mainly for food, beverages and tobacco (10.4%); paper products, printing and reproduction of recorded media (2%); and the textiles and wearing apparel (0.5%). On the other hand, production fell for metal, computer, electronic and optical products, machinery and equipment (-1.6%). Considering full 2021, industrial output was up 5.5%, following a 5.8% contraction in 2020 when the coronavirus pandemic hit the economy hard.
2022-03-14
Hong Kong Industrial Output Growth at Near 33-Year High
Manufacturing Production in Hong Kong advanced 7.8 percent year-on-year in the third quarter of 2021, following a 5.6 percent increase in the previous period. It was the largest growth in manufacturing output since the fourth quarter of 1988, boosted by increase in production of food, beverages & tobacco (13.6 percent vs 7.2 percent in Q2 of 2021); and miscellaneous manufacturing industries (9.3 percent vs 7.5 percent). Meanwhile, production slowed for sewerage, waste management and remediation activities (1.2 percent vs 1.6 percent) while declined for textiles and wearing apparel (-2.4 percent vs 1.4 percent); paper products, printing and reproduction of recorded media industry (-1.9 percent vs 2.5 percent) and metal, computer, electronic and optical products, machinery, and equipment industry (-9.8 percent vs -2.4 percent). On a seasonally adjusted basis, manufacturing activity decreased 0.3 percent in the third quarter of 2021 compared with the second quarter of 2021.
2021-12-13