Total exports rise 24.7% to $408.8b in February

Meanwhile, imports grew by 29.9% to $472.9b.

Hong Kong’s total exports and imports of goods both recorded year-on-year increases in February, rising 24.7% and 29.9% respectively, the Census and Statistics Department (C&SD) said.

Total exports reached $408.8b during the month, following a 33.8% year-on-year (YoY) increase in January

Meanwhile, imports rose to $472.9b after a 38.1% gain in the previous month.

February saw a visible trade deficit of $64.2b, equivalent to 13.6% of imports.

For the combined January–February period, total exports of goods amounted to $928.3b, up 29.6% from the same period in 2025, while imports rose 34.1%, resulting in a trade deficit of $79 billion, or 7.8% of imports.

C&SD said both months were analysed together for YoY comparisons due to the Chinese New Year timing.

On a seasonally adjusted three-month basis ending February, exports rose 15.8%, whilst imports increased 17.7% compared with the preceding three months.

On external trade, Bruce Pang, Director of Research at the Hong Kong Trade Development Council, said underlying demand from the Chinese Mainland and major overseas markets has remained resilient despite global geopolitical tensions.

“We maintain a positive outlook, yet remain cautious in regard to Hong Kong’s trade performance,” Pang added.