6月份香港整体出口和进口货值分别同比上升11.9%和11.1%

Core Insights - Hong Kong's overall export and import values both recorded year-on-year increases in June 2025, with exports rising by 11.9% and imports by 11.1% [1] - The trade deficit for June 2025 was HKD 58.9 billion, equivalent to 12.4% of the import value [1] - For the first half of 2025, overall export value increased by 12.5% compared to the same period in 2024, while import value rose by 12.6% [1] By Country/Region Analysis - In June 2025, exports to Asia increased by 17.2%, with significant rises to Malaysia (52.6%), the Philippines (48.3%), Vietnam (37.6%), mainland China (18.3%), and India (12.5%) [2] - Conversely, exports to South Korea decreased by 10.9%, and exports to the Netherlands and the United States also saw declines of 35.5% and 12.1%, respectively [2] - For the first half of 2025, exports to Vietnam surged by 54.4%, Malaysia by 34.6%, and Taiwan by 33.0% [2] By Major Product Category Analysis - In June 2025, significant increases in export values were noted for "electrical machinery, instruments, and apparatus" (up HKD 35.8 billion, 20.2%) and "office machines and automatic data processing equipment" (up HKD 4.7 billion, 10.4%) [4] - Import values for the same categories also rose, particularly for "electrical machinery, instruments, and apparatus" (up HKD 28.4 billion, 14.6%) and "communication, recording, and sound equipment" (up HKD 8.3 billion, 17.7%) [4] - For the first half of 2025, exports of "electrical machinery, instruments, and apparatus" increased by HKD 139.2 billion (13.4%), while "office machines and automatic data processing equipment" saw a remarkable rise of HKD 129.7 billion (55.4%) [4] Comments - The Hong Kong government spokesperson noted that the export performance in June remained robust, with a significant year-on-year growth of 11.9% [5] - Exports to mainland China and most other Asian markets continued to expand significantly, while exports to the US and EU declined [5] Future Outlook - The steady growth of the mainland economy and the increasingly close economic ties between Hong Kong and various markets are expected to support trade performance [6] - However, the global trade policy outlook remains uncertain, prompting the Hong Kong government to monitor the situation closely [6]