FOREX TradingCharts.com

Financial News: Hong Kong Trade Gap Widens In April

Hong Kong Trade Gap Widens In April

05/26/2025 - 07:17:00 (RTTNews)

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

The trade shortfall rose to HK$16.0 billion in April from HK$10.2 billion in the same month last year. In March, the trade balance showed a deficit of HK$45.4 billion.

The visible trade deficit of HK$45.3 billion was equivalent to 3.6 percent of the value of imports.

The annual rise in exports was 14.7 percent in April versus an 18.5 percent rise in March.

Total exports to Asia as a whole grew by 20.8 percent. Within this, exports to Malaysia grew the most, by 61.5 percent, followed by Vietnam with a 48.3 percent surge. Meanwhile, shipments to Korea plunged by 26.7 percent.

Data showed that exports to mainland China advanced by 23.0 percent.

Apart from destinations in Asia, outflows to Germany jumped 30.8 percent, while those to the Netherlands declined by 38.4 percent.

The annual growth in imports eased somewhat to 15.8 percent from 16.6 percent in March.

"Looking ahead, as international trade tensions have eased somewhat of late, the headwinds and uncertainties in the external environment have lessened to some extent," a government spokesman said.

"The sustained steady growth in the Mainland economy, together with Hong Kong's proactive efforts in enhancing economic and trade ties with different markets, should help buttress trade performance."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


New Zealand GDP Expands 0.8% In Q1 (03 hr(s), 54 min(s), 11 sec(s) ago)
(RTTNews) - New Zealand's gross domestic product expanded by a seasonally adjusted 0.8 percent ...Full Story»

Australia Unemployment Data Due On Thursday (05 hr(s), 08 min(s), 11 sec(s) ago)
(RTTNews) - Australia will on Thursday release May numbers for unemployment, highlighting a light ...Full Story»

Riksbank Signal Another Rate Cut (06 hr(s), 38 min(s), 11 sec(s) ago)
(RTTNews) - Sweden's central bank lowered its policy rate on Wednesday, as expected, and signa ...Full Story»

Fed Leaves Interest Rates Unchanged, Still Signals Two 2025 Rate Cuts (08 hr(s), 34 min(s), 11 sec(s) ago)
(RTTNews) - Despite pressure from U.S. President Donald Trump, the Federal Reserve on Wednesday an ...Full Story»

Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions (11 hr(s), 56 min(s), 11 sec(s) ago)
(RTTNews) - The Treasury Department on Wednesday announced the details of this month's auction ...Full Story»

U.S. Crude Oil Inventories Plunge Much More Than Expected (12 hr(s), 28 min(s), 11 sec(s) ago)
(RTTNews) - A report released by the Energy Information Administration on Wednesday showed a steep ...Full Story»

U.S. Housing Starts Pull Back Sharply In May (12 hr(s), 54 min(s), 11 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Wednesday showing a steep drop by new res ...Full Story»

U.S. Jobless Claims Pull Back Off Eight-Month High (12 hr(s), 57 min(s), 11 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits edged modestly lower in the week ende ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

New Zealand GDP Expands 0.8% In Q1

06/18/2025 - 19:14 PM (RTTNews)
(RTTNews) - New Zealand's gross domestic product expanded by a seasonally adjusted 0.8 percent ...Full Story>>

Australia Unemployment Data Due On Thursday

06/18/2025 - 18:00 PM (RTTNews)
(RTTNews) - Australia will on Thursday release May numbers for unemployment, highlighting a light ...Full Story>>

Riksbank Signal Another Rate Cut

06/18/2025 - 16:30 PM (RTTNews)
(RTTNews) - Sweden's central bank lowered its policy rate on Wednesday, as expected, and signa ...Full Story>>

Fed Leaves Interest Rates Unchanged, Still Signals Two 2025 Rate Cuts

06/18/2025 - 14:34 PM (RTTNews)
(RTTNews) - Despite pressure from U.S. President Donald Trump, the Federal Reserve on Wednesday an ...Full Story>>

Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions

06/18/2025 - 11:12 AM (RTTNews)
(RTTNews) - The Treasury Department on Wednesday announced the details of this month's auction ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.