Financial News: Hong Kong Trade Deficit Narrows In September

Hong Kong Trade Deficit Narrows In September

10/28/2026 - 05:59:00 (RTTNews)

(RTTNews) - Hong Kong's foreign trade deficit decreased in September from a year ago as exports grew faster than imports, data from the Census and Statistics Department showed on Wednesday.

The trade shortfall narrowed to HK$46.3 billion in September from HK$50.2 billion in the same month last year. In August, the trade balance showed a deficit of HK$71.2 billion.

Exports grew 64.9 percent year-on-year in September, and imports grew 57.8 percent.

A visible trade deficit of HK$46.3 billion, equivalent to 5.7 percent of the value of imports of goods, was recorded in September 2026, the agency said.

The continued strong growth in exports was driven by sustained stellar performance in outflows of AI-related electronic products, marking the twentieth consecutive month of double-digit growth and the fastest monthly yearly growth in over four decades.

Exports to Mainland China climbed 68.1 percent compared with the previous year, and total shipments to Asia expanded 67.5 percent. Within the Asian region, exports to Taiwan grew the most at 159.3 percent, followed by Malaysia with a 131.5 percent increase.

Apart from destinations in Asia, shipments to the USA and Mexico grew by 133.4 percent and 148.1 percent, respectively.

Meanwhile, imports from Korea jumped by 231.1 percent, and those from Vietnam grew by 118.7 percent. The country imported 61.3 percent more from India.

"Looking ahead, Hong Kong's merchandise trade performance will continue to benefit from the prevailing wave of robust AI-related investment and the resilient global economic growth," a government spokesman said.

"Nonetheless, external uncertainties warrant close monitoring, including the Middle East conflict, trade protectionist measures by major economies, and risks associated with the rapid expansion of global investment in AI."

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Hong Kong Trade Deficit Narrows In September (47 min(s), 29 sec(s) ago)
(RTTNews) - Hong Kong's foreign trade deficit decreased in September from a year ago as export ...Full Story»

Thailand Central Bank Retains Key Rate (01 hr(s), 0 min(s),29 sec(s) ago)
(RTTNews) - The Bank of Thailand left its key interest rate unchanged for the fourth straight meet ...Full Story»

German Consumers Remain Pessimistic On Inflation Fears (01 hr(s), 59 min(s), 29 sec(s) ago)
(RTTNews) - German consumer confidence is set to weaken in November due to rising inflation concer ...Full Story»

Turkey Trade Gap Narrows In September (02 hr(s), 51 min(s), 29 sec(s) ago)
(RTTNews) - Turkey's foreign trade deficit decreased in September from the previous year as ex ...Full Story»

New Zealand Holds Key Rate; Eyes Future Policy Tightening (03 hr(s), 34 min(s), 29 sec(s) ago)
(RTTNews) - The Reserve Bank of New Zealand unexpectedly retained its key interest rate on Wednesd ...Full Story»

Malaysia Producer Price Inflation Accelerates To 12.0% (03 hr(s), 48 min(s), 29 sec(s) ago)
(RTTNews) - Malaysia's producer price inflation quickened further in September to the highest ...Full Story»

New Zealand Interest Rate Decision Due On Wednesday (10 min(s), 31 sec(s) ago)
(RTTNews) - The Reserve Bank of New Zealand will on Wednesday wrap up its monetary policy meeting ...Full Story»

Five-Year Note Auction Attracts Average Demand (29 min(s), 31 sec(s) ago)
(RTTNews) - Continuing this week's series of announcements of the results of its long-term sec ...Full Story»