Export volume up 12.4% in August

Imports rose 9.7% as mainland trade expanded.

Hong Kong’s total export volume rose 12.4% in August from a year earlier, whilst imports grew 9.7%, according to the Census and Statistics Department (C&SD) of the Government of the Hong Kong Special Administrative Region.

Exports to and imports from mainland China increased by 6.4% and 12%, respectively. Export and import prices were likewise up 2.0% and 1.9% respectively. The terms of trade index edged up 0.1% year on year (YoY).

For the January-to-August period , export and import volumes increased 10.9% and 10.7% respectively from the same period in 2024. Prices for both exports and imports rose 1.9%, whilst the terms of trade index fell 0.1%.

On a seasonally adjusted basis, the three months ending in August recorded volume decreases of 2.4% for exports and 1.5% for imports compared with the preceding three months.

The C&SD noted that trade volume changes are derived from trade value movements after adjusting for price effects, based on official unit value indices.