Core Insights - Hong Kong's overall export value in August 2025 reached HKD 436.6 billion, marking a year-on-year increase of 14.5%, continuing a growth trend for 18 consecutive months [1][3] Export Performance - Exports to Asia increased by 12.6%, with notable growth from Malaysia (73.6%), Vietnam (54.3%), the Philippines (36.9%), Taiwan (33.7%), Thailand (28.9%), and mainland China (8.2%) [1][3] - Exports to other regions also saw significant increases, particularly to the Netherlands (65.7%), the UK (55.8%), and the US (17.3%) [1][3] Product Categories - Most product categories experienced year-on-year growth in export value, especially "electrical machinery, instruments, and parts," which increased by HKD 29.4 billion (15.7%), and "communication, recording, and sound equipment and instruments," which rose by HKD 11 billion (23.9%) [1][3] Import Performance - In August 2025, the import value of goods was HKD 462 billion, reflecting an 11.5% increase compared to the same month last year [3] Economic Context - The increase in exports is attributed to the sustained economic growth in Asia, particularly mainland China, and the strengthening of trade ties between Hong Kong and various markets [3] - The uncertain trade outlook between the US and China may lead exporters to explore new markets in Southeast Asia, potentially driving further export growth [3]

Core Insights - Hong Kong's overall export value increased by 14.3% year-on-year in July 2025, marking the 17th consecutive month of growth [1] - The overall import value in July rose by 16.5% year-on-year, with a trade deficit of 218.6 billion HKD, equivalent to 7% of the import value [1] - Exports to mainland China and most other Asian markets showed significant growth, while exports to the US and EU continued to decline [1] Trade Performance - In the first seven months of 2025, the overall export value increased by 12.7% year-on-year, and the import value rose by 13.2% [1] - The strong performance in July is attributed to the steady economic growth in Asia, particularly in mainland China, and the strengthening of trade ties with various markets [1] Future Outlook - The government spokesperson indicated that the ongoing economic growth in Asia, especially in mainland China, will continue to support Hong Kong's trade performance [1] - However, high tariff levels and ongoing uncertainties in US tariff policies may impact international trade flows in the short term [1]