FX.co ★ Hong Kong Imports Surge to 13-Month High

Imports to Hong Kong experienced a significant increase of 11.8% in February 2025 compared to the same month in the previous year, reaching a total of $364.2 billion. This notable rise follows a modest growth of 0.5% in January and represents the most substantial import growth since January 2024. The surge was largely propelled by substantial increases in the acquisition of electrical machinery, apparatus, appliances, and parts, which soared by 16.9% compared to 4.4% in January. There was also a remarkable escalation in purchases of office machines and automatic data processing equipment, increasing by 76.3% from 52.7%, and power-generating machinery and equipment, which climbed to 53.9% from 40.1%. Furthermore, imports saw a strong recovery for professional, scientific, and controlling instruments and apparatus, growing by 26.8% compared to a previous decline of 7.6%. Telecommunications equipment improved from a decline of 16.0% to a growth of 3.1%, and imports of petroleum and related products rose to 2.7% from a decrease of 15.4%. Significant contributions came from trading partners such as France, with an increase of 77.9%, the United Kingdom growing by 77.6%, Vietnam at 52.4%, Taiwan at 42.6%, and Malaysia at 41.7%.