（机遇香港）香港整体出口货值连升20个月

Core Viewpoint - Hong Kong's overall export and import values recorded year-on-year increases in October 2025, with exports rising by 17.5% and imports by 18.3%, marking 20 consecutive months of growth in export values [1] Group 1: Export Performance - In October 2025, the overall export value of goods reached HKD 461.8 billion, an increase of 17.5% compared to the same month last year [1] - For the first ten months of the year, the overall export value increased by 13.8% compared to the same period last year [1] - Significant year-on-year export growth was observed in major destinations, particularly Taiwan (up 40.0%), mainland China (up 15.8%), Malaysia (up 53.7%), Vietnam (up 52.8%), and Japan (up 14.1%) [1] Group 2: Import Performance - In October 2025, the overall import value of goods was HKD 501.7 billion, reflecting an 18.3% increase year-on-year [1] - For the first ten months of the year, the overall import value rose by 13.6% compared to the same period last year [1] - Notable increases in import values were recorded from major supply sources, especially Taiwan (up 20.9%), mainland China (up 13.3%), Vietnam (up 89.5%), the UK (up 47.1%), and Malaysia (up 19.7%) [2] Group 3: Trade Deficit - In October 2025, a tangible trade deficit of HKD 39.9 billion was recorded, equivalent to 8.0% of the import value [1] - For the first ten months of the year, the tangible trade deficit amounted to HKD 334.0 billion, representing 7.3% of the import value [1] Group 4: Future Outlook - The Hong Kong government anticipates that moderate global economic growth, reduced uncertainty in external trade policies, and sustained demand for electronic products will positively impact Hong Kong's trade growth in the short term [2]