26.08.202509:13:30UTC+00Hong Kong Imports Surge 16.5% in July

Imports to Hong Kong surged 16.5% year-on-year, reaching $480.4 billion in July 2025, building upon the 11.1% increase observed in June. Significant growth in imports was recorded from several key trading partners: Vietnam surged by 129.3%, Thailand grew by 33.1%, Singapore increased by 28.7%, the United Kingdom rose by 24.8%, Japan expanded by 22.3%, and the mainland of China grew by 16.3%. Conversely, imports from the United States saw a decline of 8.8%.

Analyzing by product category, there was a broad-based rise, notably in the sectors of electrical machinery, apparatus, and appliances, along with their components, which soared by 21.9% compared to 14.6% in June. Telecommunications and sound recording and reproducing equipment jumped by an impressive 49.8%, up from 17.7% the previous month. Meanwhile, office machines and automatic data processing machines saw a marginal increase of 0.7%, down from 9.8%. Miscellaneous manufactured articles recorded a slight decline with a rise of 12.4% compared to 12.6%, while power-generating machinery and equipment grew by 29.1%, though slower than the 38.7% growth in June. Notably, non-metallic mineral manufactures rebounded to a 7.1% increase after a contraction of -15.6%.

In contrast, there was a reduction in imports of professional, scientific, and controlling instruments and apparatus, which fell by 11.9%, further declining from a prior drop of 9.4%. The petroleum and related products sector also experienced a decrease of 3.4%, although this was a lesser decline compared to the 10.5% contraction previously recorded.