Core Insights - Hong Kong's overall export and import values recorded year-on-year increases in April 2025, with exports rising by 14.7% and imports by 15.8% compared to April 2024 [1] - The trade deficit for April 2025 was HKD 16 billion, equivalent to 3.6% of the import value [1] - For the first four months of 2025, overall export value increased by 11.9% and import value by 11.4% compared to the same period in 2024, resulting in a trade deficit of HKD 96.9 billion, or 5.7% of import value [1] By Country/Region Analysis - In April 2025, exports to Asia increased by 20.8%, with significant rises to Malaysia (61.5%), Vietnam (48.3%), Taiwan (24.1%), mainland China (23.0%), and India (22.5%) [2] - Conversely, exports to South Korea decreased by 26.7% [2] - Imports from major suppliers also saw increases, particularly from Vietnam (107.3%), the UK (59.5%), Taiwan (50.6%), and mainland China (14.8%), while imports from South Korea fell by 21.3% [2][3] By Major Product Category Analysis - In April 2025, significant increases in export values were noted for "electrical machinery, instruments, and apparatus" (increase of HKD 33.5 billion, 18.7%) and "office machines and automatic data processing equipment" (increase of HKD 19.5 billion, 46.0%) [4] - Import values for these categories also rose, with "electrical machinery, instruments, and apparatus" increasing by HKD 29.9 billion (16.8%) and "office machines and automatic data processing equipment" by HKD 19.5 billion (67.1%) [4] - For the first four months of 2025, exports of "office machines and automatic data processing equipment" surged by HKD 106.2 billion (72.1%) and "electrical machinery, instruments, and apparatus" by HKD 76.4 billion (11.2%) [4] Future Outlook - The easing of recent international trade tensions and the steady growth of the mainland economy, along with Hong Kong's efforts to strengthen trade ties with various markets, are expected to support trade performance [5]
香港4月商品整体出口和进口货值同比分别上升14.7%和15.8%
智通财经网·2025-05-26 08:41