The Zhitong Finance App learned that on July 16, the Statistics Department of the Hong Kong Government published foreign merchandise trade volume and price statistics for May. According to the data, compared between May 2026 and May 2025, the overall export volume and import volume of Hong Kong's commodities increased by 25.8% and 27.4% respectively.
In the first five months of 2026 compared with the same period in 2025, the overall export volume and import volume of Hong Kong's goods increased by 27.6% and 31.0% respectively.
Seasonally adjusted figures show that in the three months up to May 2026, compared with the previous three months, the overall export volume and import volume of goods increased by 10.8% and 11.0% respectively.
Changes in foreign merchandise trade volume are calculated by deducting the effects of price changes from changes in foreign commodity trade values.
Compared with May 2026 and May 2025, the overall export price and import price of commodities increased by 11.8% and 11.1% respectively.
In the first five months of 2026 compared with the same period in 2025, the overall export price and import price of commodities increased by 6.7% and 6.5% respectively.
Price changes in foreign merchandise trade are reflected in changes in the unit price index of foreign commodity trade. This index is calculated based on the average unit value or the actual price of an individual item.
The trade price ratio index is calculated based on the ratio of the overall commodity export price index to the commodity import price index. Compared with the same period in 2025, the index rose 0.6% in May 2026, while it rose 0.2% in the first five months of 2026.
Compared with May 2025, the overall export volume to Taiwan Province of China (70.7%), Vietnam (48.9%), the US (40.4%) and Mainland China (Mainland) (31.2%) recorded increases. On the other hand, overall export volume to India fell by 24.5%.
Meanwhile, overall export prices to all major destinations increased: the Mainland (13.2%), Vietnam (11.9%), the United States (11.2%), Taiwan Province of China (10.0%), and India (10.0%).
Compared between May 2026 and May 2025, imports from all major suppliers recorded increases: South Korea (67.2%), Vietnam (57.4%), the Mainland (35.0%), Singapore (14.8%), and Taiwan Province of China (3.1%).
Meanwhile, import prices from all major suppliers increased: South Korea (24.3%), Taiwan Province of China (16.5%), the Mainland (11.7%), Singapore (9.7%), and Vietnam (8.6%).