The Census and Statistics Department reported today that Hong Kong's total merchandise exports surged 35.8% year-on-year in March 2026, reaching 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 government.
Commenting on the figures, Bruce Pang, Director of Research at the Hong Kong Trade Development Council (HKTDC), said Hong Kong's exports are expected to remain steady in the near term despite elevated energy prices stemming from ongoing tensions in the Middle East. He attributed the growth to sustained global demand for electronic items and other intermediate goods that are integral to regional and global supply chains.
“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,” Pang said. He noted that while geopolitical uncertainties persist and energy prices are likely to remain relatively high, continued industrial activity in major markets and ongoing supply-chain realignments are expected to support Hong Kong's trade flows.
The strong export performance underscores Hong Kong's role as a key trading hub, with the city benefiting from robust global demand for technology components and intermediate goods. The HKTDC, which celebrates its 60th anniversary this year, promotes Hong Kong as a two-way global investment and business hub and organizes international exhibitions and business missions to create opportunities for companies, particularly SMEs.
“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 provides up-to-date market insights and product information via research reports and digital news channels, accessible through its Media Room.
The sustained growth in exports highlights the resilience of Hong Kong's trade sector amid global uncertainties. For more information about the HKTDC and its initiatives, visit www.hktdc.com/aboutus.
