Hong Kong Balance of Trade

Last Release

Mar 31, 2025

Actual

-45,357

Units In

HKD Million

-36,315

Frequency

Monthly

Next Release

May 26, 2025

Time to Release

26 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
7,228 Jan 2009	-68,533 Jun 2022	-9,896.96 HKD Million	1952-2025	N/A

Since the late 1990’s Hong Kong has been recording trade deficits, as imports grew at a faster pace than exports. Hong Kong major exports are electrical machinery, apparatus and appliances; telecommunications and sound equipment and automatic data processing machines. The country imports mainly machinery and transport equipment; miscellaneous manufactured articles; manufactured goods and food and live animals. Main trading partner is China (40 percent of total exports and 47 percent of total imports). Others include: Japan, Singapore, Taiwan and the United States.

Latest Updates

Hong Kong’s trade deficit widened to $45.4 billion in March 2025 from $45 billion in the corresponding month of the previous year and marked as the largest trade gap since September 2024. Exports soared 18.5% year-on-year to $455.5 billion, as sales surged for office machines and automatic data processing machines (133.5%), power generating machinery and equipment (27.5%) and miscellaneous manufactured articles (23.2%). On the other hand, imports climbed 16.6% from a year earlier to $500.9 billion, mainly driven by higher purchases of office machines and automatic data processing machines (130.8%), non-ferrous metals (53.9%), and power generating machinery and equipment (31.1%). Considering the first quarter of the year, the country's trade deficit was $80.7 billion, with exports increasing by 10.9% and imports rising by 9.8% compared to the same period a year earlier.