FX.co ★ Hong Kong Import Growth Slows to 5-Month Low

In June 2025, imports to Hong Kong experienced an 11.1% year-on-year increase, amounting to $476.7 billion. This represents the slowest growth rate in five months, down from an 18.9% rise in May. Noteworthy increases in imports were observed from Vietnam (up 50.6%), the United Kingdom (up 44.7%), mainland China (up 17.3%), Thailand (up 15.9%), and the United States (up 3.9%). However, imports from South Korea saw a decline of 27.1%. Analyzing by product category, most sectors reported growth, particularly electrical machinery, apparatus and appliances, and related electrical parts, which saw a growth of 14.6%, down from 23.7% in May. Telecommunications equipment and sound recording and reproducing apparatus increased by 17.7%, up from 14.8%. Office machines and automatic data processing machines grew by 9.8% compared to a significant 69.4% previously. Miscellaneous manufactured articles rose by 12.6%, improving from 2.8%. Power-generating machinery and equipment saw a notable jump of 38.7% compared to the previous 22.7%. On the other hand, there was a decrease in imports of non-metallic mineral manufactures (down 15.6% from -4.1%), professional, scientific and controlling instruments and apparatus (down 9.4% from 9.2%), and petroleum and related products (down 10.5% from -9.5%).