Core Insights - Hong Kong's overall export value in May 2025 reached HKD 434.1 billion, reflecting a year-on-year increase of 15.5% [1] - The overall import value for the same month was HKD 461.4 billion, showing an 18.9% year-on-year rise [1] - The tangible trade deficit for May 2025 was HKD 27.3 billion, equivalent to 5.9% of the import value [1] - For the first five months of 2025, the overall export value increased by 12.6%, while the import value rose by 12.9% [1] By Country/Region Analysis - In May 2025, exports to Asia increased by 21.8%, with significant rises to Japan (96.2%), Malaysia (55.3%), Taiwan (54.8%), Vietnam (41.2%), India (35.1%), and Mainland China (17.6%) [2] - Conversely, exports to South Korea decreased by 25.6% [2] - Exports to the UK and the US saw declines of 52.0% and 18.4%, respectively [2] - Imports from Vietnam surged by 67.3%, while imports from South Korea fell by 19.6% [3] By Major Product Category Analysis - In May 2025, the export value of "electrical machinery, instruments, and apparatus" increased by HKD 27.4 billion (15.5%), and "office machines and automatic data processing machines" rose by HKD 18.9 billion (44.9%) [4] - The import value for "electrical machinery, instruments, and apparatus" increased by HKD 40.4 billion (23.7%), and "office machines and automatic data processing machines" surged by HKD 21.7 billion (69.4%) [4] - For the first five months of 2025, "office machines and automatic data processing machines" exports rose by HKD 125.1 billion (66.1%), while "electrical machinery, instruments, and apparatus" exports increased by HKD 103.3 billion (12.0%) [4]

Core Insights - Hong Kong's overall export and import values recorded year-on-year increases in April 2025, with exports rising by 14.7% and imports by 15.8% compared to April 2024 [1] - The trade deficit for April 2025 was HKD 16 billion, equivalent to 3.6% of the import value [1] - For the first four months of 2025, overall export value increased by 11.9% and import value by 11.4% compared to the same period in 2024, resulting in a trade deficit of HKD 96.9 billion, or 5.7% of import value [1] By Country/Region Analysis - In April 2025, exports to Asia increased by 20.8%, with significant rises to Malaysia (61.5%), Vietnam (48.3%), Taiwan (24.1%), mainland China (23.0%), and India (22.5%) [2] - Conversely, exports to South Korea decreased by 26.7% [2] - Imports from major suppliers also saw increases, particularly from Vietnam (107.3%), the UK (59.5%), Taiwan (50.6%), and mainland China (14.8%), while imports from South Korea fell by 21.3% [2][3] By Major Product Category Analysis - In April 2025, significant increases in export values were noted for "electrical machinery, instruments, and apparatus" (increase of HKD 33.5 billion, 18.7%) and "office machines and automatic data processing equipment" (increase of HKD 19.5 billion, 46.0%) [4] - Import values for these categories also rose, with "electrical machinery, instruments, and apparatus" increasing by HKD 29.9 billion (16.8%) and "office machines and automatic data processing equipment" by HKD 19.5 billion (67.1%) [4] - For the first four months of 2025, exports of "office machines and automatic data processing equipment" surged by HKD 106.2 billion (72.1%) and "electrical machinery, instruments, and apparatus" by HKD 76.4 billion (11.2%) [4] Future Outlook - The easing of recent international trade tensions and the steady growth of the mainland economy, along with Hong Kong's efforts to strengthen trade ties with various markets, are expected to support trade performance [5]