28 July 2025, 15:37 Hong Kong: Export Growth Moderates to 11.9% in June.
Exports from Hong Kong climbed 11.9% year-on-year to $417.8 billion in June 2025, the slowest pace in five months, easing from a 15.5% gain in May. Exports to Asian markets expanded robustly by 17.2%, with notable gains in Malaysia (+52.6%), the Philippines (+48.3%), Vietnam (+37.6%), mainland China (+18.3%) and India (+12.5%). In contrast, shipments to non-Asian destinations weakened, notably to the US (-12.1%) and the Netherlands (-35.5%). By product category, exports rose across most sectors, led by electrical machinery and apparatus (20.2% vs 15.5% in May), office and automatic data processing machines (10.4% vs 44.9%), telecommunications and sound recording and reproducing equipment (2.6% vs 21.3%), miscellaneous manufactured articles (8.9% vs 13.0%), power generating machinery and equipment (19.3% vs 23.2%), and non-ferrous metals (80.8% vs -19.7%). In contrast, exports fell in scientific and precision instruments (-9.2% vs 5.7%) and non-metallic mineral goods (-8.3% vs -16.3%).
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