The Census and Statistics Department reported today that Hong Kong’s total merchandise exports surged 35.8% year-on-year in March 2026, reaching HK$618.4 billion. For the first quarter of 2026, exports amounted to HK$1,546.2 billion, a robust 32.0% increase compared to the same period last year, according to data released by the government.
The Hong Kong Trade Development Council (HKTDC) commented on the figures, highlighting sustained global demand for electronic items and other intermediate goods as key drivers. Bruce Pang, Director of Research at the HKTDC, noted that Hong Kong’s external trade continues to exhibit clear growth momentum, underpinned by resilient input demand from the Chinese Mainland and other ASEAN production sites, as well as stable demand from major overseas markets.
“Overall, we maintain a cautiously optimistic outlook for Hong Kong’s trade performance, while remaining mindful of potential volatility arising from geopolitical developments and cost pressures,” Pang said in a statement. He emphasized that elevated energy prices, stemming from ongoing tensions in the Middle East, pose a risk, but strong industrial activity and supply-chain realignments are expected to provide ongoing support to trade flows.
The data underscores Hong Kong’s role as a critical hub in global supply chains, particularly for electronics and intermediate goods. The HKTDC noted that continued industrial activity in major markets and supply-chain adjustments are likely to buffer against external headwinds, even as geopolitical uncertainties persist.
The HKTDC, which celebrates its 60th anniversary this year, organizes international exhibitions, conferences, and business missions to create opportunities for companies, especially SMEs. The council also provides market insights through research reports and digital news channels. For more information, visit the HKTDC Media Room.
While the near-term outlook remains positive, Pang cautioned that volatility from geopolitical developments and cost pressures could affect trade performance. The HKTDC advises businesses to stay informed and adapt to changing conditions as global dynamics evolve.
