Hong Kong exports rise by 17.7% in May

Its total import also climbed 20.1%.

The volume of total exports of goods increased by 17.7% year-on-year (YoY) in May; whilst the volume of total imports rose 20.1%, the Census and Statistics Department (C&SD) reported.

The volume of exports and imports over the first five months of the year also increased 26.2% and 22.8%, respectively.

The C&SD noted that double-digit YoY increases were recorded for the total export volume to Taiwan (25.2%), India (25.0%), and Mainland China (17.3%); whilst the total export volume to Japan decreased by 5.6%.

Likewise, double-digit increases were registered for the import volume from Taiwan (32.5%), Singapore (32%), Japan (21.6%), Mainland China (17%), and Korea (15.3%).

Moreover, the C&SD reported that the prices of total exports and imports of goods increased by 5.3% and 4.7%, respectively.

Over the first five months, prices of total exports climbed by 2.5%, whilst imports increased by 2.4%.

The total export prices to Mainland China (8.2%), Taiwan (6.4%), India (4.4%), and Japan (0.1%) increased; whilst the total export prices to the USA decreased by 0.1%.

Meanwhile, the import prices from all main suppliers increased: Korea (17.3%), Singapore (12.9%), Taiwan (10.1%), Mainland China (3.1%), and Japan (0.2%).

Follow the links for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


‘Wall-less’ office tears down barriers to collaboration amongst AnyMind’s creatives
The office opens up for employees to collaborate, relax, feed off one another’s energy, and enjoy ‘happy hour’ and ‘mental space.’
Auction houses thrive on Asian millennials’ art-buying power
Millennials are seen to be particularly drawn to contemporary art as growth for Christie’s, Sotheby’s, and Phillips are highly anticipated in art hubs Hong Kong and Singapore.
Hong Kong’s livi bank launches game-changing app for SMEs
Going fully digital on opening accounts and approving quick loans to SMEs raises ‘livi Business’ disbursements to over HK$70m (US$8.9m) as of end-April.