Financial News: Hong Kong Trade Gap Widens In May

Hong Kong Trade Gap Widens In May

06/25/2026 - 04:53:00 (RTTNews)

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

The trade shortfall rose to HK$44.2 billion in May from HK$27.3 billion in the same month last year. In April, the trade balance showed a deficit of HK$29.5 billion.

Exports climbed 40.8 percent year-on-year in May, and imports surged by 42.0 percent. The overall upturn in exports was underpinned by strong global demand for AI-related electronic products.

A visible trade deficit of HK$44.2 billion, equivalent to 6.7 percent of the value of imports of goods, was recorded in May 2026, the agency said.

Exports to Mainland China were 48.5 percent higher compared to last year. Total outflows to Asia as a whole expanded 44.6 percent. Within this, exports to Singapore grew the most by 114.2 percent, followed by Taiwan with a 90.2 percent rise.

Apart from destinations in Asia, shipments to the USA and the United Kingdom increased by 55.7 percent and 61.7 percent, respectively.

Meanwhile, imports from Korea jumped by 107.4 percent, and those from India grew by 95.2 percent. The country imported 76.5 percent more from Vietnam.

"Looking ahead, the still-vibrant global demand for AI-related electronic products should continue to support Hong Kong's merchandise trade performance," a government spokesman said.

The spokesman added that the recent easing of geopolitical tensions in the Middle East has provided short-term relief to the global economic outlook, but headwinds prevail and the government will stay vigilant to external risks.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Spain Producer Price Inflation Strongest Since 2022 (54 min(s), 57 sec(s) ago)
(RTTNews) - Spain producer price inflation increased at the fastest pace since late 2022 in May on ...Full Story»

Spain GDP Growth Slows In Q1 (01 hr(s), 13 min(s), 57 sec(s) ago)
(RTTNews) - Spain's economic growth softened, as estimated, in the first quarter, final data f ...Full Story»

Hong Kong Trade Gap Widens In May (01 hr(s), 28 min(s), 57 sec(s) ago)
(RTTNews) - Hong Kong's foreign trade deficit increased notably in May from a year ago as impo ...Full Story»

French Consumer Confidence Rises In June (02 hr(s), 15 min(s), 57 sec(s) ago)
(RTTNews) - French consumer confidence improved in June after falling to a more than three-year lo ...Full Story»

German Consumer Confidence To Improve In July: GfK (02 hr(s), 19 min(s), 57 sec(s) ago)
(RTTNews) - German consumer sentiment is set to improve in July driven by the moderate rise in inc ...Full Story»

Hungary Unemployment Rate Falls To 4.3% (03 hr(s), 36 min(s), 57 sec(s) ago)
(RTTNews) - Hungary's unemployment rate decreased in the March to May period, data from the Hu ...Full Story»

Australia Unemployment Rate Falls (04 hr(s), 0 min(s),57 sec(s) ago)
(RTTNews) - Australia's unemployment rate dropped marginally in May, data published by the Aus ...Full Story»

Japan Leading Index Rises More Than Estimated (04 hr(s), 18 min(s), 57 sec(s) ago)
(RTTNews) - Japan's leading index improved more than estimated in April to the highest level i ...Full Story»