Hong Kong’s exports posted their sharpest increase in 22 months, rising 18.8 per cent in November from a year earlier, driven by strong demand for electrical equipment, machinery and appliances, according to data released on Monday.
The value of goods exported from the city during the month stood at HK$468.9 billion (US$60.3 billion), according to the Census and Statistics Department.
Imports soared 18.1 per cent to HK$517.4 billion. Combined with exports, this resulted in a trade deficit of HK$48.5 billion.
November’s growth was the strongest since January 2024, when exports rose 33.6 per cent year on year.
A government spokesman said exports to most major markets recorded further robust growth.
By commodity, exports of most major categories increased noticeably, particularly those of electrical equipment, machinery and mechanical appliances.
