港商灵活施策应对贸易障碍，香港今年出口增速仍有望达3%！

Core Viewpoint - The Hong Kong Trade Development Council (HKTDC) maintains its forecast for a 3% growth in Hong Kong's exports for the year 2025 despite facing unprecedented global trade uncertainties due to changes in U.S. trade policies under a potential second term for President Trump [1][2]. Group 1: Export Performance and Strategies - Hong Kong exporters are opting to ship goods early in 2025 to avoid the impact of increased tariffs, which is expected to boost export figures at the beginning of the year [4]. - Hong Kong's reliance on the U.S. market is relatively low, with exports to the U.S. accounting for only 6.5% of total merchandise exports in 2024. This is offset by significant increases in exports to ASEAN and the Middle East, which rose by 38.5% and 58.1% respectively [5]. - The diversification of procurement locations by Hong Kong exporters has reduced the impact of U.S. trade policies. Nearly half of the products exported to the U.S. in 2024 were sourced from multiple countries, a significant increase from 15% in 2017 [7]. Group 2: Export Confidence and Industry Outlook - The HKTDC's export confidence index shows positive sentiment in three out of six major industries tracked, with the jewelry industry at 51.6, the watch industry at 52.1, and the production equipment/materials industry at 50.4 [9]. - The HKTDC anticipates that even with adverse trade conditions, Hong Kong's exports are likely to meet the initial forecast of 3% growth due to the factors mentioned above [7].