Manufacturing production in Hong Kong sank 6% year-on-year in the last three months of 2020, marking the 5th consecutive quarter of falling output. Production went down mainly for food, beverages and tobacco (-11.3%); paper products, printing and reproduction of recorded media industry (-3.4%); and textiles and wearing apparel (-0.5%). On the other hand, an increase in output volume was recorded in the metal, computer, electronic and optical products, machinery and equipment industry (0.7%). Considering full 2020, manufacturing output dropped 5.8% after adding 0.4% in 2019. source: Census and Statistics Department, Hong Kong

Industrial Production in Hong Kong averaged 0.30 percent from 1983 until 2020, reaching an all time high of 23.90 percent in the first quarter of 1987 and a record low of -14.20 percent in the fourth quarter of 1998. This page provides - Hong Kong Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Industrial Production in Hong Kong is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Hong Kong to stand at 4.00 in 12 months time. In the long-term, the Hong Kong Manufacturing Production is projected to trend around 3.40 percent in 2022, according to our econometric models.

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Hong Kong Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
-6.00 -7.40 23.90 -14.20 1983 - 2020 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-12 08:30 AM Q1 -4.6% -0.5% -1.5%
2020-09-14 08:30 AM Q2 -5.1% -4.6% -9.5%
2020-12-14 08:30 AM Q3 -7.4% -5.1% -3%
2021-03-12 08:30 AM Q4 -6% -7.4% -5%
2021-06-15 08:30 AM Q1 -6% 1.5%
2021-09-13 08:30 AM Q2
2021-12-13 08:30 AM Q3


News Stream
Hong Kong Factory Output Extends the Decline
Manufacturing production in Hong Kong sank 6% year-on-year in the last three months of 2020, marking the 5th consecutive quarter of falling output. Production went down mainly for food, beverages and tobacco (-11.3%); paper products, printing and reproduction of recorded media industry (-3.4%); and textiles and wearing apparel (-0.5%). On the other hand, an increase in output volume was recorded in the metal, computer, electronic and optical products, machinery and equipment industry (0.7%). Considering full 2020, manufacturing output dropped 5.8% after adding 0.4% in 2019.
2021-03-12
Hong Kong Factory Activity Falls the Most since 2009
Manufacturing production in Hong Kong slipped 7.4 percent year-on-year in the third quarter of 2020, following a 5.1 percent fall in the previous period. It was the biggest decline since the third quarter of 2009, amid the coronavirus crisis. Output decreased for food, beverages and tobacco (-14.2 percent vs -11.7 percent in Q2); miscellaneous manufacturing industries (-6.2 percent vs -2.4 percent); paper products, printing and reproduction of recorded media (-3.7 percent vs -4.5 percent) and textiles and wearing apparel (-0.6 percent vs -4.5 percent). Conversely, metals, computers, electronics and machinery output continued to grow solidly (5.5 percent vs 4 percent). On a seasonally adjusted basis, manufacturing activity decreased 2.5% in the third quarter of 2020 compared with the second quarter of 2020.
2020-12-14
Hong Kong Factory Output Falls the Most in Nearly 11 Years
Manufacturing production in Hong Kong dropped 5.1 percent year-on-year in the second quarter of 2020, following a 4.6 percent fall. It was the biggest decline since the third quarter of 2009, amid the coronavirus crisis. Output decreased further in food, beverages and tobacco (-11.5 percent vs -10.1 percent in Q1); paper products, printing and reproduction of recorded media (-4.7 percent vs -4.2 percent); and miscellaneous manufacturing industries (-2.5 percent vs -1.8 percent). Also, production of textiles and wearing apparel fell (-4.5 percent vs 0.9 percent). On the other hand, metals, computers, electronics and machinery output rebounded (4.1 percent vs -2.5 percent).
2020-09-14
Hong Kong Factory Output Drops the Most in 10 Years
Manufacturing production in Hong Kong declined 4.6 percent year-on-year in the first quarter of 2020, following a 0.5 percent fall in the previous period. It was the largest decline in manufacturing activity since the last quarter of 2009, amid the coronavirus pandemic. Output dropped in paper products, printing and reproduction of recorded media (-4.2 percent vs 1 percent in Q4 2019); and miscellaneous manufacturing industries (-1.8 percent vs 0.7 percent). Also, production of food, beverages and tobacco fell further (-10.1 percent vs -1.9 percent). In contrast, output decreased less for metals, computers, electronics and machinery (-3.2 percent vs -0.8 percent) while rose at a faster pace for textiles and wearing apparel (0.8 percent vs 0.5 percent).
2020-06-12

Hong Kong Manufacturing Production
In Hong Kong, industrial production measures the output of businesses integrated in manufacturing sector of the economy.