Imports to Hong Kong slipped 23.5% to $399.7 billion in December 2022, following a 20.3% drop in the previous month. It was the largest decline since January 2009, as purchases decreased notably for electrical machinery, appliances and parts (-17.8% to $190.9 billion), telecommunications, sound recording and reproducing equipment (-42.8% to $44 billion), and office machines and automatic data processing machines (-35.7% to $32.2 billion). Among main suppliers, decrease in imports was led by mainland China (-28.2%), followed by Taiwan (-14.1%), Singapore (-12%) and South Korea (-43.3%). For the whole of 2022, total imports were 7.2% lower to $4,927.5 billion, compared to 2021. source: Census and Statistics Department, Hong Kong

Imports YoY in Hong Kong averaged 11.96 percent from 1953 until 2022, reaching an all time high of 61.60 percent in August of 1968 and a record low of -36.60 percent in September of 1967. This page includes a chart with historical data for Hong Kong Imports YoY. Hong Kong Imports YoY - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

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Hong Kong Imports YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-12-29 08:30 AM Nov -20.3% -11.9%
2023-01-26 08:30 AM Dec -23.5% -20.3%
2023-02-27 08:30 AM Jan -23.5%


Related Last Previous Unit Reference
Balance of Trade -51646.00 -27088.00 HKD Million Dec 2022
Exports 348085.00 360042.00 HKD Million Dec 2022
Imports 399731.00 387130.00 HKD Million Dec 2022
Exports YoY -28.90 -24.10 percent Dec 2022

Hong Kong Imports YoY
Hong Kong imports mainly machinery and transport equipment (66 percent of total imports); miscellaneous manufactured articles (14 percent); manufactured goods (9 percent) and food and live animals (4 percent). Main import partners are: China (47 percent), Taiwan (8 percent) and Singapore (7 percent). Others include: Japan, South Korea and the United States.
Actual Previous Highest Lowest Dates Unit Frequency
-23.50 -20.30 61.60 -36.60 1953 - 2022 percent Monthly

News Stream
Hong Kong Imports Slip to 13-Year Low
Imports to Hong Kong slipped 23.5% year-on-year to $399.7 billion in December 2022, following a 20.3% drop in the previous month. It was the largest decline since January 2009, as purchases decreased notably for electrical machinery, appliances and parts (-17.8% to $190.9 billion), telecommunications, sound recording and reproducing equipment (-42.8% to $44 billion), and office machines and automatic data processing machines (-35.7% to $32.2 billion). Among main suppliers, decrease in imports was led by mainland China (-28.2%), followed by Taiwan (-14.1%), Singapore (-12%) and South Korea (-43.3%). For the whole of 2022, total imports were 7.2% lower to $4,927.5 billion, compared to 2021.
2023-01-26
Hong Kong Imports Falls the Most in 13 Years
Imports to Hong Kong dropped by 20.3% to $387.1 billion in November 2022, slipping sharply from an 11.9% decline in the previous month. It was the largest fall in imports since March 2009, as purchases decreased mainly for electrical machinery, appliances and parts (-18.8%), telecommunication, sound recording and reproducing equipment (-34%), office machines and automatic data processing machines (-29%) and miscellaneous manufactured articles (-9.9%). By contrast, arrivals grew for professional, scientific and controlling instruments (41.4%). Among main suppliers, decrease in imports was led by China (-27.7%), followed by Taiwan (-12.9%), Singapore (-31.5%) and South Korea (-11.9%).
2022-12-29
Hong Kong Imports Slip Further
Imports to Hong Kong dropped by 11.9% to $395.5 billion in October 2022, slipping further from a 7.8% decline in the previous month. Purchases decreased mainly for electrical machinery, appliances and parts (-11.4%), telecommunication, sound recording and reproducing equipment (-22.9%), and office machines and automatic data processing machines (-14.9%). By contrast, arrivals grew for professional, scientific and controlling instruments (36.7%), miscellaneous manufactured articles (8.4%) and non-metallic mineral manufactures (8.1%). Among main suppliers, imports from China led the decrease by 18.3% to $171 billion, followed by Taiwan (-13.4% to $40.3 billion) and Singapore (-18.7% to $27.5 billion).
2022-11-28


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category