Hong Kong Balance of Trade

Last Release

May 31, 2025

Actual

-27,325

Units In

HKD Million

-16,007

Frequency

Monthly

Next Release

Jul 28, 2025

Time to Release

30 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
7,228 Jan 2009	-68,533 Jun 2022	-9,923.72 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 $27.3 billion in May 2025 from $12.1 billion in the same month of the previous year. Exports rose 15.5% year-on-year to $434.1 billion, driven by strong growth in sales of electrical machinery, apparatus and appliances, and electrical parts thereof (15.5%), as well as office machines and automatic data processing machines (44.9%). Exports to Asia as a whole surged 21.8%, while shipments to regions outside Asia declined, particularly to the US (-18.4%) and the United Kingdom (-52.0%). Meanwhile, imports jumped 18.9% to $461.4 billion, mainly due to higher purchases of electrical machinery, apparatus and appliances, and electrical parts thereof (23.7%), and office machines and automatic data processing machines (69.4%). For the first five months of 2025, the cumulative trade deficit reached $124.7 billion, with exports rising 12.6% and imports climbing 12.9% compared to the same period last year.