Hong Kong Balance of Trade

Last Release

Feb 28, 2025

Actual

-36,315

Units In

HKD Million

2,078

Frequency

Monthly

Next Release

Apr 28, 2025

Time to Release

1 Months 1 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
7,228 Jan 2009	-68,533 Jun 2022	-9,856.57 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 narrowed to $36.3 billion in February 2025 from $41.7 billion in the corresponding month of the previous year. Exports soared by 15.4% year-on-year to $327.9 billion, primarily driven by higher sales of office machineries and automatic data processing machines (68.9%), power generating machinery and equipment (37.4%), and electrical machinery, apparatus and appliances and electrical parts thereof (20.8%). Meanwhile, imports climbed by 11.8% from a year earlier to $364.2 billion, mainly due to increased purchases of office machines and automatic data processing machines (76.3%), power generating machinery and equipment (53.9%), and non-ferrous metals (28.2%). Considering the first two months of the year, the country's trade deficit was $34.6 billion, with exports increasing by 6.5% and imports rising by 5.7% compared to the same period a year earlier.