Exports from Hong Kong shrank by 13% from a year earlier to $338.3 billion in April 2023, less than market forecasts of 21.6% fall and slipping further from a 1.5% drop in March. The latest figure pointed to the twelfth consecutive month of decline due to lower sales in electrical machinery, apparatus and appliances and electrical parts (-19.3%), telecommunications and sound recording and reproducing apparatus (-21.5%), office machines and automatic data processing machines (-11.5%), professional, scientific and controlling instruments and apparatus (-8.6%), non-metallic mineral manufactures (-7.3%) and articles of apparel and clothing accessories (-3.3%). Among key trade partners, exports fell to China (-12.9%), USA (-19.9%), India (-19.7%), Taiwan (-18.2%), Vietnam (-19.6%), Japan (-10.2%), UAE (-2.5%), Singapore (-21.1%), South Korea (-4.7%), while it rose softer for Netherlands (1.2%). source: Census and Statistics Department, Hong Kong
Exports YoY in Hong Kong averaged 12.10 percent from 1953 until 2023, reaching an all time high of 70.60 percent in April of 1956 and a record low of -39.30 percent in September of 1953. This page includes a chart with historical data for Hong Kong Exports YoY. Hong Kong Exports YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.