The Census and Statistics Department today reported that the total value of Hong Kong's merchandise exports in March 2026 rose 35.8% year-on-year to HK$618.4 billion. For the first quarter of 2026, exports totaled HK$1,546.2 billion, a robust 32.0% increase compared with the same period last year, according to data released by the Hong Kong government.
Bruce Pang, Director of Research at the Hong Kong Trade Development Council (HKTDC), commented on the outlook, noting that Hong Kong'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 highlighted 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. The HKTDC's Media Room provides further resources and analysis.
The strong export figures underscore Hong Kong's role as a key trade hub, with implications for global supply chains. The sustained demand for electronics and intermediate goods suggests that regional production networks, particularly in the Chinese Mainland and ASEAN, remain robust. This growth also signals resilience in major overseas markets, which continue to rely on Hong Kong for trade intermediation.
However, the HKTDC's cautious tone reflects the impact of ongoing geopolitical tensions, especially in the Middle East, which have driven up energy prices and could introduce volatility. Businesses and investors should monitor these developments as they may affect cost structures and trade flows. The data also highlights the importance of supply-chain realignments, as companies seek to diversify sourcing and production locations, benefiting Hong Kong as a conduit for trade.
For further details, the original release is available on NewMediaWire. The HKTDC, celebrating its 60th anniversary this year, continues to promote Hong Kong as a two-way global investment and business hub, organizing international exhibitions and conferences to create business opportunities for SMEs.
