<p>香港的出口在四月份同比增長近 43%，主要受到全球對人工智能相關電子產品強勁需求的推動，儘管政府警告稱中東緊張局勢升級可能會影響近期前景。香港統計處週四發佈的初步數據顯示，四月份出口總值同比增長 42.9%，達到 6209 億港元（793 億美元），而三月份增長為 35.8%。四月份的激增代表了自 2021 年 1 月以來香港出口的最強年度增長，當時出口總值躍升 44%。與此同時，進口增長了 44.4%，達到 6504 億港元，導致當月貿易逆差為 295 億港元，相當於進口商品價值的 4.5%。2026 年前四個月的總出口與去年同期相比增長了 35%，而進口增長了 38.9%。一位政府發言人表示，儘管勢頭強勁，政府對今年剩餘時間保持謹慎的展望。他表示：“展望未來，全球對人工智能相關電子產品的強勁需求應繼續支持香港的商品貿易表現。然而，中東地區加劇的地緣政治緊張局勢可能在短期內構成顯著風險，擾亂供應鏈，推高運輸成本，並削弱全球需求。” 法興銀行的高級經濟學家 Gary Ng Cheuk-yan 指出，香港近期的貿易表現將嚴重依賴於中東戰爭的進展。“假設戰爭很快結束，全球仍可能面臨更高的通貨膨脹，因為重建能源基礎設施需要時間，這將導致更高的利率，” Ng 説。“這一趨勢可能會加劇人工智能產品與非人工智能產品之間的差異，意味着香港的外部需求增長將温和放緩。” 科技行業推動了四月份大部分增長，電氣機械及其零部件的出口同比大幅增長 49.5%，達到 1055 億港元。電信設備的出貨量激增 54.6%，達到 265 億港元，而辦公和數據處理機器的出貨量增長 41.5%，達到 256 億港元。四月份對新加坡的出口翻了一番，激增 126.3%。對泰國的出貨量也顯著增長，跳升 84.7%，而對台灣和越南的出口分別增長了 72.7% 和 69.3%。傳統的西方消費市場也顯示出強勁的勢頭。對英國的出口躍升 88.8%，對瑞士的出貨量激增 153.7%，對美國的出口增長了 37.5%。</p>

恆生指數

安碩恆生指數

<p>香港的出口在四月份同比激增 42.9%，達到 6209 億港元，主要受到對人工智能相關電子產品強勁需求的推動。進口也上升了 44.4%，導致貿易逆差為 295 億港元。儘管出現了這種增長，政府仍警告中東緊張局勢升級可能對供應鏈和全球需求造成潛在風險。經濟學家預測，持續的衝突可能導致更高的通貨膨脹和利率，從而影響貿易表現</p>

<p>Hong Kong’s exports rose by nearly 43 per cent year on year in April, driven by strong global demand for artificial intelligence-related electronics, though the government warned that escalating Middle East tensions could cloud the near-term outlook. Provisional figures released by the Census and Statistics Department on Thursday showed that the total value of exports rose by 42.9 per cent in April to HK$620.9 billion (US$79.3 billion), following a 35.8 per cent increase in March. April’s surge represents the strongest annual growth in exports the city has recorded since January 2021, when total exports jumped 44 per cent. Imports, meanwhile, grew by 44.4 per cent to HK$650.4 billion, resulting in a trade deficit of HK$29.5 billion for the month, equivalent to 4.5 per cent of the value of imported goods. For the first four months of 2026 combined, total exports rose by 35 per cent compared with the same period last year, while imports grew by 38.9 per cent. A government spokesman said that despite the strong momentum, authorities were maintaining a cautious outlook for the rest of the year. “Looking ahead, resilient global demand for AI-related electronic products should provide continued support to Hong Kong’s merchandise trade performance,” he said. “However, heightened geopolitical tensions in the Middle East could pose a salient risk in the near term by disrupting supply chains, driving up transport costs and undermining global demand.” Gary Ng Cheuk-yan, a senior economist at Natixis Corporate and Investment Bank, noted that Hong Kong’s near-term trade performance would depend heavily on the ongoing Middle East war. “Assuming the war ends soon, the world is still likely to face higher inflation as it takes time to rebuild energy infrastructure, which will lead to higher interest rates,” Ng said. “The trend could spark greater divergence between AI and non-AI products, meaning a mild deceleration in Hong Kong’s external demand growth.” The tech sector drove the bulk of April’s gains, led by electrical machinery and parts, which rose sharply by 49.5 per cent year on year to HK$105.5 billion. Shipments of telecommunications equipment surged 54.6 per cent to HK$26.5 billion, while those of office and data processing machines rose 41.5 per cent to HK$25.6 billion. In April, exports to Singapore more than doubled, soaring by 126.3 per cent. Significant gains were also recorded in shipments to Thailand, which jumped 84.7 per cent, while exports to Taiwan and Vietnam rose by 72.7 per cent and 69.3 per cent respectively. Traditional Western consumer markets also displayed solid momentum. Exports to the United Kingdom leapt 88.8 per cent, shipments to Switzerland surged 153.7 per cent, and those to the United States rose by 37.5 per cent.</p>
<div class="lb-trans"><p>香港的出口在四月份同比增長近 43%，主要受到全球對人工智能相關電子產品強勁需求的推動，儘管政府警告稱中東緊張局勢升級可能會影響近期前景。香港統計處週四發佈的初步數據顯示，四月份出口總值同比增長 42.9%，達到 6209 億港元（793 億美元），而三月份增長為 35.8%。四月份的激增代表了自 2021 年 1 月以來香港出口的最強年度增長，當時出口總值躍升 44%。與此同時，進口增長了 44.4%，達到 6504 億港元，導致當月貿易逆差為 295 億港元，相當於進口商品價值的 4.5%。2026 年前四個月的總出口與去年同期相比增長了 35%，而進口增長了 38.9%。一位政府發言人表示，儘管勢頭強勁，政府對今年剩餘時間保持謹慎的展望。他表示：“展望未來，全球對人工智能相關電子產品的強勁需求應繼續支持香港的商品貿易表現。然而，中東地區加劇的地緣政治緊張局勢可能在短期內構成顯著風險，擾亂供應鏈，推高運輸成本，並削弱全球需求。” 法興銀行的高級經濟學家 Gary Ng Cheuk-yan 指出，香港近期的貿易表現將嚴重依賴於中東戰爭的進展。“假設戰爭很快結束，全球仍可能面臨更高的通貨膨脹，因為重建能源基礎設施需要時間，這將導致更高的利率，” Ng 説。“這一趨勢可能會加劇人工智能產品與非人工智能產品之間的差異，意味着香港的外部需求增長將温和放緩。” 科技行業推動了四月份大部分增長，電氣機械及其零部件的出口同比大幅增長 49.5%，達到 1055 億港元。電信設備的出貨量激增 54.6%，達到 265 億港元，而辦公和數據處理機器的出貨量增長 41.5%，達到 256 億港元。四月份對新加坡的出口翻了一番，激增 126.3%。對泰國的出貨量也顯著增長，跳升 84.7%，而對台灣和越南的出口分別增長了 72.7% 和 69.3%。傳統的西方消費市場也顯示出強勁的勢頭。對英國的出口躍升 88.8%，對瑞士的出貨量激增 153.7%，對美國的出口增長了 37.5%。</p>
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Hong Kong exports surge 43% in April, driven by strong demand for AI electronics

- 香港四月份出口同比增長近 43%，總值達到 6209 億港元。  
- 政府警告中東緊張局勢可能影響未來前景。  
- 四月份貿易逆差為 295 億港元，主要受科技行業推動。

由於對人工智能電子產品的強勁需求，香港四月份出口激增 43%