Hong Kong's merchandise trade deficit narrowed more than economists expected in May, data released the Census and Statistics Department showed Tuesday.
The trade deficit decreased to HK$35.566 billion in May from HK$42.873 billion in April. Economists were looking for a deficit of HK$38.1 billion.
Export of goods increased 5.2 percent annually to HK$294.506 billion in May. Economists expected the value of shipments to grow just 0.5 percent. Sequentially, shipments advanced 10.6 percent during the month.
Imports moved up 4.6 year-on-year to HK$330.072 billion during the month. Economists were looking for a 1.8 percent rise. Compared to April, arrivals were higher by 6.8 percent.
In the three months ended May, the trade balance was a deficit of HK$122.299 billion. Year-on-year, exports and imports increased 1.2 percent and 1.5 percent respectively during the period, data showed.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.