The Census and Statistics Department reported today that Hong Kong's total merchandise exports rose 35.8% year-on-year in March 2026 to HK$618.4 billion, extending a strong growth trajectory. For the first quarter of 2026, exports reached HK$1,546.2 billion, a 32.0% increase over the same period last year, according to data released on April 29, 2026.
Commenting on the outlook, Bruce Pang, Director of Research at the Hong Kong Trade Development Council (HKTDC), said the city's exports are expected to remain steady at least in the near term, despite elevated energy prices arising from ongoing tensions in the Middle East. Pang noted that Hong Kong's external trade has continued to exhibit clear growth momentum, underpinned primarily by sustained global demand for electronic items and other intermediate goods that are integral to regional and global supply chains.
In particular, resilient input demand from the Chinese Mainland and other ASEAN production sites, together with stable demand from major overseas markets, has provided a solid buffer against external headwinds. While geopolitical uncertainties persist and energy prices are likely to remain relatively high, continued industrial activity in major markets, as well as ongoing supply-chain realignments, are expected to lend ongoing support to Hong Kong's trade flows.
“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 added.
For business leaders and technology executives, these figures signal robust demand for electronic components and intermediate goods, which are critical to global supply chains. The sustained growth in Hong Kong's exports suggests that the region remains a key hub for trade, particularly in electronics and high-tech products. Companies relying on Asian supply chains may benefit from continued stability, though they should monitor geopolitical risks and energy cost fluctuations that could impact margins.
The HKTDC, which celebrates its 60th anniversary this year, continues to promote Hong Kong as a two-way global investment and business hub. The council organizes international exhibitions, conferences, and business missions to create opportunities for companies, especially SMEs. More information is available on the HKTDC's website at HKTDC Media Room.
