Hong Kong’s trade deficit narrowed to HK$46.3 billion in September 2026 from HK$50.2 billion a year earlier, marking the smallest shortfall since May. Exports surged 64.9% year-on-year to a record HK$762.6 billion, driven primarily by soaring sales of electrical machinery, apparatus and appliances, and electrical parts thereof (66.2%), and office machines and automatic data processing machines (183.7%). Exports to Asia grew 67.5%, while shipments to other key markets, including Mexico (148.1%) and the US (133.4%), also posted strong gains. Meanwhile, imports climbed 57.8% year-on-year to a record HK$808.9 billion, mainly due to higher purchases of electrical machinery, apparatus and appliances, and electrical parts thereof (64.5%), alongside office machines and automatic data processing machines (142%). Imports from mainland China (55.6%) and South Korea (231.1%) recorded particularly strong growth. For the first nine months of 2026, Hong Kong’s trade deficit totalled HK$417.7 billion.