Hong Kong Balance of Trade

Last Release

Jan 31, 2025

Actual

2,078

Units In

HKD Million

-34,497

Frequency

Monthly

Next Release

Mar 25, 2025

Time to Release

26 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
7,228 Jan 2009	-68,533 Jun 2022	-9,826.4 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 surplus narrowed to $2.1 billion in January 2025 from $3.6 billion in the corresponding month of the previous year. Imports rose 0.5% year-on-year to $387.1 billion, supported by higher purchases of office machines and automatic data processing machines (52.7%), power generating machinery and equipment (40.1%), and non-ferrous metals (35.4%). Meanwhile, exports increased at a softer 0.1% to $ 389.1 billion, bolstered by increased sales of office machines and automatic data processing machines (40.6%) and power generating machinery and equipment (11.5%). However, exports declined significantly for non-metallic mineral manufactures (-32%), followed by professional, scientific and controlling instruments and apparatus (-12.4%), telecommunications and sound recording and reproducing apparatus and equipment (-8.1%), and miscellaneous manufactured articles (-4.8%).