Core Insights - Hong Kong's overall export and import volumes increased by 13.4% and 16.5% respectively in May 2025 compared to May 2024 [1] - For the first five months of 2025, both export and import volumes rose by 10.4% compared to the same period in 2024 [1] - Seasonally adjusted figures show a 9.7% increase in export volume and an 11.3% increase in import volume for the three months ending May 2025 compared to the previous three months [1] Trade Prices - Overall export prices and import prices increased by 1.8% and 1.9% respectively in May 2025 compared to May 2024 [1] - For the first five months of 2025, overall export prices and import prices rose by 1.9% and 2.0% respectively compared to the same period in 2024 [2] - The trade price ratio index decreased by 0.1% in May 2025 compared to May 2024, while it remained relatively unchanged for the first five months of 2025 [2] Export Destinations - Significant increases in export volumes were recorded for Taiwan (48.0%), Vietnam (39.5%), India (37.6%), and Mainland China (15.9%) in May 2025 compared to May 2024 [2] - Conversely, export volume to the United States decreased by 20.7% [2] - Export prices to Taiwan (5.5%), the United States (1.9%), Mainland China (1.4%), and Vietnam (1.2%) increased, while export prices to India decreased by 2.2% [2] Import Sources - Import volumes from Vietnam (70.1%), Taiwan (29.6%), Mainland China (17.1%), and Singapore (12.3%) saw significant increases [2] - In contrast, import volume from South Korea decreased by 10.5% [2] - Import prices from South Korea (4.5%), Singapore (2.3%), Taiwan (2.3%), and Mainland China (1.2%) increased, while import prices from Vietnam decreased by 0.3% [2]