Hong Kong Imports Surge to 13-Month High

Imports to Hong Kong surged by 11.8% year-on-year to $364.2 billion in February 2025, following a 0.5% increase in the previous month.

This marked the highest import growth since January 2024, driven by significant increases in purchases of electrical machinery, apparatus, and appliances, and electrical parts (16.9% vs 4.4% in January), office machines and automatic data processing machines (76.3% vs 52.7%), and power-generating machinery and equipment (53.9% vs 40.1%).

Additionally, imports rebounded significantly for professional, scientific, and controlling instruments and apparatus (26.8% vs.

-7.6%), telecommunications equipment (3.1% vs.

-16.0%), and petroleum, petroleum products, and related materials (2.7% vs.

-15.4%).

Among trading partners, imports saw the highest increases from France (+77.9%), the United Kingdom (+77.6%), Vietnam (+52.4%), Taiwan (+42.6%), and Malaysia (+41.7%).