Hong kong Trade Deficit Largest Since 2023
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Hong Kong's trade deficit widened to USD 63.25 billion in December 2025, the largest since September 2023. Imports surged 30.6% year-on-year to USD 576.05 billion, driven by electrical machinery and telecommunications equipment. Exports increased 26.1% to USD 512.8 billion, with significant gains to Mainland China, the US, and Vietnam. For 2025, the cumulative trade deficit reached USD 446.6 billion, with exports up 15.4% and imports up 15.5%.
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