Hong Kong News
Nonpartisan, Noncommercial, unconstrained.
Friday, May 09, 2025
Real, Diverse, Unbiased.
Hong Kong's Exports Continue to Decline Amid Global Economic Downturn
Hong Kong's total exports decreased by 13% in April compared to the same month last year, with a trade deficit of $36.6 billion, or 9.8% of the value of imports.
The value of merchandise exports declined further from a year earlier, with decreases in exports to the Mainland, the US, the European Union, and other major Asian markets.
The government expects the weakness in advanced economies to continue to impact Hong Kong's export performance, but expects the expected faster recovery of the Mainland economy to provide some relief.
The government expects the weakness in advanced economies to continue to impact Hong Kong's export performance, but expects the expected faster recovery of the Mainland economy to provide some relief.
