Hong Kong’s exports rose 40.8% year-on-year to HK$611.2 billion in May 2026, the slowest pace in three months and down from April’s more than five-year peak of 42.9%. Growth eased across several key categories, most notably telecommunications and sound recording equipment (37.6% vs 54.6% in April), miscellaneous manufactured articles (29.6% vs 48.3%), power-generating machinery and equipment (7.6% vs 24.1%), and non-ferrous metals (39.8% vs 117.1%).
By contrast, shipments of electrical machinery, apparatus, appliances, and related parts accelerated, with growth picking up to 56.1% from 49.5%. Exports of office machines and automatic data-processing equipment also strengthened, rising 50.2% compared with 41.5% in the previous month.
Regionally, exports to Asia climbed 44.6%, underpinned by robust gains in shipments to Mainland China (48.5%), Singapore (114.2%), Taiwan (90.2%), and Vietnam (67.8%). Outside Asia, exports to the United Kingdom and the United States also recorded strong increases, jumping 61.7% and 55.7%, respectively.