Hong Kong Balance of Trade

Last Release

Nov 30, 2025

Actual

-48,515

Units In

HKD Million

-39,947

Frequency

Monthly

Next Release

Jan 27, 2026

Time to Release

26 Days 23 Hours

Highest	Lowest	Average	Date Range	Source
7,228 Jan 2009	-68,533 Jun 2022	-10,146.43 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 $48.5 billion in November 2025, from $43.4 billion in the same month of the previous year. Exports rose 18.8% year-on-year to $468.9 billion, mainly driven by higher sales of electrical machinery, apparatus and appliances, and electrical parts thereof (+15.9%) and telecommunications and sound recording and reproducing apparatus and equipment (+36.8%). Exports rose the most to US (+44.4%), Malaysia (+72.0%), Vietnam (+54.9%), and Netherlands (+36.4%). Meanwhile, imports grew 18.1% to $517.4 billion, mainly due to increased purchases of electrical machinery, apparatus and appliances, and electrical parts thereof (+16.9%) and telecommunications and sound recording and reproducing apparatus and equipment (+34.3%). Imports increased the most from Vietnam (+102.3%), Malaysia (+21.5%) and the US (+17.8%). For the first eleven months of the year, the cumulative trade deficit reached $382.8 billion, with exports rising by 14.3% and imports growing by 14.1%.