FX.co ★ Hong Kong Trade Deficit Narrows in February

In February 2025, Hong Kong's trade deficit was reduced to $36.3 billion from $41.7 billion in the same month the previous year. Export activity surged by 15.4% compared to the prior year, reaching a total of $327.9 billion. This growth was largely propelled by significant sales increases in office machinery and automatic data processing machines (up by 68.9%), power generating machinery and equipment (up by 37.4%), as well as electrical machinery, apparatus, and electrical parts (up by 20.8%).

In tandem, imports grew by 11.8% year-over-year to $364.2 billion, driven chiefly by heightened acquisitions of office machines and automatic data processing machines (up by 76.3%), power generating machinery and equipment (up by 53.9%), and non-ferrous metals (up by 28.2%). Over the first two months of the year, Hong Kong recorded a trade deficit of $34.6 billion, with exports experiencing a 6.5% increase and imports a 5.7% rise, compared to the same period the previous year.