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FX.co ★ Hong Kong Exports Climb to Over 1-Year High

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typeContent_19130:::2025-03-25T09:08:24

Hong Kong Exports Climb to Over 1-Year High

Hong Kong's export figures saw a substantial increase of 15.4% year-on-year, reaching $327.9 billion in February 2025. This followed a modest rise of just 0.1% in January, an eleven-month low, and marks the most robust export growth since January 2024. Significant gains were observed in the exports of office machinery and automatic data processing equipment, which surged by 68.9%, compared to 40.6% the previous month. Exports of power-generating machinery and equipment increased by 37.4%, up from 11.5%, and exports of photographic, optical equipment, and timepieces rose by 9.4%, from 2%. Furthermore, there was a notable recovery in the export of electrical machinery, apparatus, and parts, which climbed by 20.8% after a decline of 2.2% previously, and in professional, scientific, and controlling instruments and apparatus, which increased by 15% following a drop of 12.4%. Major destinations fueling this growth included Vietnam (up 114.2%), Taiwan (up 73%), and Mainland China (up 29.5%). Conversely, exports diminished to the UAE (down 30.8%), India (down 29.8%), and the USA (down 18.5%).

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