Despite global international trade tensions and US tariffs, goods exports and imports through Hong Kong continued to gain in November, reported the Census and Statistics Department (C&SD) on Friday.
In November, Hong Kong's exports of goods rose 15.4% on year, while that of imports gained 15.1%, reported the C&SD.
For the first 11 months of the year, Hong Kong's exports rose 12% on year, while imports climbed by 11.6%, according to official figures.
As a financial and trading hub for the Asian Pacific, Hong Kong's economic data is often looked at as a barometer for the region.
There was moderate inflation in Hong Kong's trade scene; prices of both exports and imports in November rose 3% on a year, reported the C&SD.
There is some indication of goods being shipped through Hong Kong to the US, possibly to avoid tariffs.
Hong Kong export volume in November to the US rose 43.8% on year, reported the C&SD.
Exports on year in the month also rose to Vietnam, up 49.0%, Taiwan, up 37.8%, Chinese Mainland, up 12.9% and to India, up 2.7%.
Imports to Hong Kong from Vietnam in November rose 92.6% on year, and gained 22.9% from mainland China.
In contrast, the import volume from Singapore fell 3.8% on year in November, and declined 10.2% from South Korea, added the C&SD.
Hong Kong's trade performance in 2025 has exceeded most expectations.
For example, "Despite comprising an almost unprecedented period of global trade turbulence, as 2025 approaches its halfway point, HKTDC (Hong Kong Trade Development Council) Research is adhering to its earlier forecast that Hong Kong's export levels will rise by 3% for the year as a whole," reported the HKTDC in June.
