Hong Kong’s exports surged 50.7% year-on-year to a record $672.5 billion in July 2026, although easing from 53.4% in June. Outbound shipments slowed for electrical machinery, apparatus and appliances, and electrical parts thereof (54% vs 57.2% in June), telecommunications and sound recording and reproducing apparatus and equipment (37.2% vs 69.9%), power generating machinery and equipment (16.7% vs 23.5%), and photographic apparatus, equipment and supplies, optical goods, watches and clocks (8.5% vs 9.4%). In addition, exports tumbled for professional, scientific and controlling instruments and apparatus (-10.2% vs 18.1%) and machinery specialized for particular industries (-8.8% vs 4.1%). In contrast, outbound shipments accelerated for office machines and automatic data processing machines (106.5% vs 93.2%). Regionally, exports to Asia grew 54.6%, led by Mainland China (56.5%). Exports to other major markets also recorded strong gains, including the US (92.9%) and Mexico (48.9%).