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]

香港特区政府统计处今日(26日)发表的对外商品贸易统计数字显示，2025年4月香港整体出口和进口货 值均录得按年升幅，分别上升14.7%和15.8%。继2025年3月录得18.5%的按年升幅后，4月商品整体出口 货值为4345亿港元，较2024年同月上升14.7%。同时，继2025年3月录得16.6%的按年升幅后，4月商品 进口货值为4505亿港元，较2024年同月上升15.8%。205年4月录得有形贸易逆差160亿港元，相当于商 品进口货值的3.6%。(大湾区之声) ...

香港特区政府统计处4月28日发表的对外商品贸易统计数字显示，2025年3月份香港整体出口和进口货值 均录得按年升幅，分别上升18.5%和16.6%。 ...

重磅信号传来。 据最新消息，美国在世贸组织（WTO）已经同意分别同中国和加拿大进行磋商。据环球时报援引路透社报 道，WTO的文件显示，美国代表团已通知中国和加拿大，准备与两国将美国新关税措施诉诸WTO争端解决机 制展开磋商。 在最近半个月中，加拿大向WTO两次对美提起争端申诉：3月4日加拿大就美国加征额外关税事宜向WTO提出 正式申诉；3月14日，加拿大要求就美国征收钢铝关税一事进行磋商。此次美方同意的是在额外关税事宜方面 进行磋商。 据环球时报援引路透社报道，WTO的文件显示，美国代表团已通知中国和加拿大，准备与两国将美国新关税 措施诉诸WTO争端解决机制展开磋商。 磋商为WTO贸易争端解决程序的第一个步骤，期限为60天，如未能达成一致，申诉方可向WTO申请设立专家 小组，进入下一个程序。路透社说，贸易争端案件可能会持续数年时间。 另外，WTO总干事伊维拉在最新发表的署名文章中呼吁全球需要保持冷静，专注于主要目标：避免无益的贸 易战。伊维拉表示，"全球服务贸易正在蓬勃发展。在这方面有一个明显赢家：美国。" 一系列迹象是否预示着，全球贸易紧张局势传来缓和迹象？ 重磅信号 3月21日，据第一财经，美国在世贸组织 ...