Nation

Hong Kong Sees Stunning Import Surge: Highest Growth Since Early 2024!

2025-06-26

Author: Ting

In a remarkable economic boost, Hong Kong's imports soared by 18.9% year-on-year, reaching an impressive $461.4 billion in May 2025. This marks the most significant growth the city has witnessed since January 2024, following a solid 15.8% increase the month prior.

The surge in imports tripled efforts from several key trade partners, with Vietnam leading the charge at a remarkable 67.3% increase. Other notable contributors included the United Kingdom up by 49.2%, Taiwan seeing a 33.5% rise, Malaysia climbing by 27.7%, and Mainland China at 18.5%. The US also added to the momentum with a 10.7% increase, despite a slight dip in imports from South Korea, which fell by 5.0%.

Diving deeper into product sectors, electrical machinery and appliances surged by 23.7%, a substantial leap from April’s 16.8%. Office machines and automatic data processing equipment skyrocketed by a staggering 69.4%, up from 67.1%. Telecommunications gear and sound equipment grew by 14.8%, albeit down from 29.5%.

Interestingly, while most categories flourished, non-metallic mineral products saw a decline of 4.1%, and imports of petroleum and related products fell by 9.5%, highlighting some challenges within specific industries.

This robust import performance signals a strong recovery in Hong Kong's economy, as trade activities flourish and the city continues to strengthen its position as a key global trading hub.