In September, the overall export volume and import volume of goods in Hong Kong increased by 13.8% and 11.4% respectively compared to the same period last year.

16:46 13/11/2025

On November 13th, the Hong Kong Census and Statistics Department released the statistics of the volume and prices of external goods trade in September.

On November 13th, the Hong Kong Census and Statistics Department released the September statistics on the volume and prices of external goods trade. The data shows that in September 2025 compared to September 2024, Hong Kong's overall export and import volume increased by 13.8% and 11.4% respectively. And in the first nine months of 2025 compared to the same period in 2024, Hong Kong's overall export and import volume increased by 11.3% and 10.8% respectively. Seasonally adjusted figures show that in the third quarter of 2025 compared to the previous quarter, the overall export volume of goods decreased by 0.8%, while the import volume remained more or less unchanged. Changes in external goods trade volume are calculated by deducting the impact of price changes from the value of external goods trade. In September 2025 compared to September 2024, the overall export and import prices of goods increased by 2.4% and 2.0% respectively. In the first nine months of 2025 compared to the same period in 2024, the overall export and import prices of goods both increased by 1.9%. Changes in trade prices are reflected by changes in the unit price index of external goods trade. This index is calculated based on the actual prices of individual goods or the average unit value. The trade price ratio index is calculated based on the ratio of the export price index and the import price index of goods. Compared to the same period in 2024, this index increased by 0.4% in September 2025, while it remained more or less unchanged in the first nine months of 2025. Changes in the unit prices and volume of overall exports by main destination In September 2025 compared to September 2024, there was an increase in the overall export volume to all major destinations: Vietnam (46.1%), Taiwan (25.6%), India (15.4%), Mainland China (14.8%), and the United States (4.3%). At the same time, the overall export prices to all major destinations increased: Taiwan (5.1%), Vietnam (2.7%), Mainland China (2.3%), India (2.0%), and the United States (0.5%). Changes in the unit prices and volume of imports by main supplier In September 2025 compared to September 2024, there was an increase in import volume from Vietnam (62.3%), Singapore (27.2%), Mainland China (19.1%), and Japan (9.0%). On the other hand, import volume from Taiwan decreased by 22.0%. Meanwhile, import prices from all major suppliers increased: Singapore (4.9%), Taiwan (4.5%), Japan (3.0%), Mainland China (0.7%), and Vietnam (0.4%).

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The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

Choose a Fed chairman who is "willing to lower interest rates", the history of American presidents has always been "difficult to fulfill their wishes"!