Exports from Hong Kong soared 42.9% year-on-year to a record high of $620.9 billion in April 2026, accelerating from a 35.8% increase in the previous month. It marked the strongest annual growth since January 2021, driven mainly by robust shipments of electrical machinery, apparatus and appliances, and electrical parts thereof (49.5% vs 47.9% in March), office machines and automatic data processing machines (41.5% vs 5.0%), and miscellaneous manufactured articles (48.3% vs 28.4%). In addition, exports rebounded sharply for non-metallic mineral manufactures (57.5% vs -1.7%) and photographic apparatus, equipment and supplies, optical goods, watches and clocks (20.3% vs -4.1%). Shipments to Asia climbed 43.7%, led by Mainland China (40.7% vs 39.5%), Vietnam (69.3% vs 29.9%), and Taiwan (72.7% vs 50.9%). In contrast, export growth to the US slowed markedly to 37.5% from 80.8% in March 2026.