<div id="readability-page-1"><div>The Census and Statistics Department announced that in March this year, the values of Hong Kong's total exports and imports both recorded YoY increases of 35.8% and 41.2%, respectively, far exceeding market expectations of 13.1% and 15.5%.Following a YoY increase of 24.7% in February this year, the value of total exports of goods in March amounted to HKD618.4 billion, up 35.8% YoY. Meanwhile, after a YoY rise of 29.9% in February, the value of imports of goods in March reached HKD707.5 billion, up 41.2% YoY. A visible trade deficit of HKD89.1 billion was recorded in March, equivalent to 12.6% of the value of imports of goods.Compared with the same month last year, the value of total exports to Asia rose 37.8% in March. Within the region, exports to most major destinations increased, particularly to Singapore (up 125%), Malaysia (up 62.3%), Thailand (up 61.7%), Taiwan (up 50.9%) and Mainland China (up 39.5%).Outside Asia, exports to certain major destinations also registered increases, notably the United States (up 80.8%) and the Netherlands (up 37.1%). Meanwhile, exports to the United Kingdom fell 29.1%.Over the same period, imports from most major suppliers increased, particularly from the United Kingdom (up 118.5%), South Korea (up 112.2%), India (up 88.1%), Vietnam (up 85.7%), the United States (up 66%) and Mainland China (up 48.8%).By major commodity category, the value of total exports increased in March compared with the same month last year, especially for &#34;electrical machinery, apparatus and appliances, and electrical parts thereof&#34; (up HKD99.8 billion, or 47.9%), &#34;telecommunications and sound recording and reproducing apparatus and equipment&#34; (up HKD40.2 billion, or 94.7%) and &#34;non-ferrous metals&#34; (up HKD10.2 billion, or 175.9%).For imports, increases were recorded for most major commodity categories, notably &#34;electrical machinery, apparatus and appliances, and electrical parts thereof&#34; (up HKD106.2 billion, or 49.5%), &#34;telecommunications and sound recording and reproducing apparatus and equipment&#34; (up HKD45.3 billion, or 93%) and &#34;non-ferrous metals&#34; (up HKD30.4 billion, or 403.6%).A government spokesperson said merchandise exports continued to show strong performance in March. Supported by robust global demand for artificial intelligence-related electronic products, the value of merchandise exports grew 35.8% YoY. Exports to most markets and major commodity categories sustained strong growth momentum.Looking ahead, escalating geopolitical tensions in the Middle East have driven a sharp rise in international energy prices, posing downside risks to the global economic outlook in the near term and potentially disrupting global trade flows and supply chains. Nevertheless, sustained global demand for artificial intelligence-related electronic products is expected to provide solid support for Hong Kong's export performance. The government will closely monitor external developments and remain vigilant. (ad/da)</div>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</div>

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In March, Hong Kong's total exports surged by 35.8% YoY, significantly surpassing expectations of 13.1%. Total exports reached HKD618.4 billion, while imports rose by 41.2% to HKD707.5 billion, resulting in a trade deficit of HKD89.1 billion. Exports to Asia increased by 37.8%, with notable growth to Singapore (125%) and the US (80.8%). The rise in exports was driven by strong demand for AI-related electronic products. However, geopolitical tensions may pose risks to global trade. The government will monitor these developments closely.

- In March, Hong Kong's total exports and imports grew year-over-year by 35.8% and 41.2%, respectively, significantly surpassing market expectations.  
- The total export value reached HKD 618.4 billion, while imports totaled HKD 707.5 billion, resulting in a trade deficit of HKD 89 billion.  
- Strong demand for AI-related electronics supported this growth, although geopolitical tensions in the Middle East pose risks to global economic stability and trade flows.

Hong Kong's Mar Total Exports Rise 35.8% YoY, Far Exceeding Expectations