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November Exports Surge 18.8%, Trade Deficit Hits HK$48.5B

12/29/2025

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Story summary
  • Exports rose 18.8% year-on-year in November 2025 to HK$468.9 billion, driven by demand for electrical machinery and telecommunications equipment.
  • Imports rose 18.1% to HK$517.4 billion, resulting in a trade deficit of HK$48.5 billion.
  • Exports to major markets, including the United States and Vietnam, rose significantly.
  • The government anticipates continued growth in merchandise trade, supported by moderate global economic conditions and ongoing demand for electronic products.