June exports hit a record $641.1 billion and posted their fastest annual growth since March 1984, with technology-related shipments and demand from Asia, the US and Mexico driving the surge.
Hong Kong's trade deficit narrowed to $52 billion in June 2026 from $58.9 billion a year earlier as export growth outpaced imports. Exports surged 53.4% year on year to a record $641.1 billion, accelerating from a 40.8% increase in May and marking the strongest annual growth since March 1984. The rise was driven by shipments of electrical machinery, apparatus and appliances, and electrical parts thereof, up 57.2%, office machines and automatic data processing machines, up 93.2%, telecommunications and sound recording and reproducing apparatus and equipment, up 69.9%, miscellaneous manufactured articles, up 58.6%, power generating machinery and equipment, up 23.5%, and professional, scientific and controlling instruments and apparatus, up 18.1%. Exports to Asia climbed 54.4%, led by Mainland China and Hong Kong, up 59.2%, Singapore, up 83.0%, and Taiwan, up 79.9%, while shipments to the US rose 114.3% and those to Mexico increased 94.2%. Imports also rose 45.4% to $693 billion, and the January-June trade deficit stood at $294.6 billion.