Exports in Hong Kong

Hong Kong Exports | Economic News & Forecasts

Hong Kong - Exports

The economy performed better than expected in Q3, as the annual contraction softened to a year-to-date low, while activity rebounded strongly on a quarter-on-quarter basis. The improvement was chiefly driven by healthier domestic demand. Despite contracting again, private consumption and investment activity showed signs of recovery in Q3 amid the gradual easing of social distancing measures in September and as fiscal stimulus measures fully kicked in. Similarly, exports fell at a softer pace in Q3, hinting at recovering foreign demand. Turning to Q4, the PMI jumped in October, pointing to a continued improvement in private sector conditions. In other news, a resolution to dismiss politicians deemed a threat to national security passed by Beijing on 11 November prompted the mass resignation of all remaining pro-democracy lawmakers in Hong Kong, further ratcheting up tensions over the future of the territory and boding ill for business environment in turn.

Hong Kong - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)465  462  498  531  510  

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Hong Kong Facts

Value Change Date
Bond Yield1.823.38 %Dec 31
Exchange Rate7.79-0.11 %Jan 01

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