Imports to Hong Kong declined 12.3 percent year-on-year to HKD 331.3 billion in May 2020, mainly due to lower purchases of telecommunications and sound recording and reproducing apparatus and equipment (-18.7%), miscellaneous manufactured articles mainly jewellery, goldsmiths' and silversmiths' wares (-37.9%) and photographic apparatus, equipment and supplies, optical goods, watches and clocks (-52.1%). Meanwhile, purchases rose for essential oils and resinoids and perfume materials; toilet, polishing and cleansing preparations (+ 39.8%). Imports declined from the United Kingdom (-37.9%), the USA (-30.4%), the Mainland (-13.9%), Japan (-12.5%) and Singapore (-6.4%).
Imports in Hong Kong averaged 97737.50 HKD Million from 1952 until 2020, reaching an all time high of 428452 HKD Million in August of 2018 and a record low of 230 HKD Million in February of 1954. This page provides - Hong Kong Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Imports - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Census and Statistics Department, Hong Kong
Imports in Hong Kong is expected to be 342000.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Hong Kong to stand at 365000.00 in 12 months time. In the long-term, the Hong Kong Imports is projected to trend around 390000.00 HKD Million in 2021 and 400000.00 HKD Million in 2022, according to our econometric models.