Hong Kong Balança Comercial

Hong Kong's trade deficit decreased to $53.2 billion in September 2024 from $64.6 billion in the corresponding month of the previous year. Exports climbed 4.7% from a year earlier to a two-year high of $398.1 billion, primarily driven by higher sales of office machines and automatic data processing machines (52.8%), power generating machinery and equipment (19.4%), and non-ferrous metals (4.2%). Meanwhile, imports rose at a softer 1.4% year-on-year to over two-year high of $451.3 billion, driven by increased purchases of office machines and automatic data processing machines (65.4%), power generating machinery and equipment (27.8%), and professional, scientific and controlling instruments and apparatus (17.5%). Considering the first nine months of the year, the country’s trade deficit was $270 billion, with exports increasing by 10.7% and imports growing by 7.1% compared to the same period a year earlier.