Hong Kong's Trade Deficit Widens in March

MT Newswires Live04-28 16:49

Hong Kong recorded a trade deficit of HK$89.1 billion in March, equivalent to 12.6% of the value of goods imports, data released by the Census and Statistics Department on Tuesday showed.

The trade deficit widened from the HK$64.2 billion recorded in the prior month.

The value of total exports and imports of goods jumped 35.8% and 41.2% year on year during the month to HK$618.4 billion and HK$707.5 billion, respectively.

This was higher than the 24.7% and 29.9% boost in export and import value in February.

In the first three months of 2026, export and import values increased 32% and 37% year over year, respectively, leading to a trade deficit of HK$168.4 billion.

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