The Census and Statistics Department reported that Hong Kong's merchandise exports increased by 24.7% year-on-year in February 2026, reaching $408.8 billion. For the first two months of 2026 combined, the total value of goods exports amounted to $928.3 billion, representing a substantial 29.6% increase compared to the same period last year.
Hong Kong Trade Development Council's Director of Research Bruce Pang stated that Hong Kong's external trade has demonstrated clear growth momentum over recent months. Pang noted that while global geopolitical conditions remain tense, underlying demand from the Chinese Mainland and major overseas markets has remained resilient. "We maintain a positive outlook, yet remain cautious in regard to Hong Kong's trade performance," Pang said.
The continued export growth signals Hong Kong's economic resilience amid challenging global conditions. The sustained demand from mainland China, Hong Kong's largest trading partner, provides crucial stability for the city's trade-dependent economy. The performance also suggests that international markets continue to value Hong Kong's role as a global trading hub despite geopolitical uncertainties.
For businesses operating in Hong Kong, particularly small and medium-sized enterprises (SMEs) that comprise the majority of the city's trading companies, these figures indicate continued market opportunities. The HKTDC, established in 1966 as a statutory body to promote Hong Kong's trade, provides resources through its media room and other channels to help companies navigate these market conditions.
The export figures are particularly significant given Hong Kong's position as a major international trading center. Strong export performance supports employment in logistics, shipping, finance, and related sectors that facilitate international trade. The data also provides insights into broader regional economic trends, as Hong Kong's trade figures often reflect demand patterns across Asia and beyond.
While the growth figures are encouraging, Pang's cautionary note reflects awareness of potential headwinds. Global economic uncertainty, trade policy changes, and geopolitical tensions could impact future performance. However, the current data suggests Hong Kong's trade sector has maintained its competitive position and ability to connect mainland Chinese producers with international markets.
The HKTDC continues to promote Hong Kong as a two-way global investment and business hub through its network of over 50 offices worldwide, including 13 in mainland China. The organization's activities include organizing international exhibitions, conferences, and business missions to create opportunities for companies in both mainland and international markets.
