In May, the overall exports and imports of goods in Hong Kong increased by 25.8% and 27.4% respectively.

On July 16, the Hong Kong government's Census and Statistics Department released the statistics for the volume and prices of external merchandise trade in May. The data shows that in May 2026, compared to May 2025, Hong Kong's overall export volume and import volume increased by 25.8% and 27.4% respectively. In the first five months of 2026, compared to the same period in 2025, Hong Kong's overall export volume and import volume increased by 27.6% and 31.0% respectively. Seasonally adjusted figures show that compared to the previous three months, the overall export volume and import volume of goods increased by 10.8% and 11.0% respectively by May 2026. Changes in external merchandise trade volume are calculated by excluding the impact of price changes from the changes in merchandise trade value. In May 2026, compared to May 2025, the overall export prices and import prices increased by 11.8% and 11.1% respectively. In the first five months of 2026, compared to the same period in 2025, the overall export prices and import prices increased by 6.7% and 6.5% respectively. Price changes in external merchandise trade are reflected in the changes in the unit price index of external merchandise trade. This index is calculated based on the actual prices of average unit values or individual commodities. The trade price ratio index is calculated based on the ratio of the overall export price index and the import price index. Compared to the same period in 2025, this index increased by 0.6% in May 2026, and by 0.2% in the first five months of 2026. In May 2026, compared to May 2025, there was an increase in overall export volume to China's Taiwan province (70.7%), Vietnam (48.9%), the United States (40.4%), and mainland China (31.2%). On the other hand, there was a 24.5% decrease in overall export volume to India. At the same time, the overall export prices to all major destinations increased: mainland China (13.2%), Vietnam (11.9%), the United States (11.2%), China's Taiwan province (10.0%), and India (10.0%). In May 2026, compared to May 2025, there was an increase in import volume from all major supply sources: South Korea (67.2%), Vietnam (57.4%), mainland China (35.0%), Singapore (14.8%), and China's Taiwan province (3.1%). At the same time, the import prices from all major supply sources increased: South Korea (24.3%), China's Taiwan province (16.5%), mainland China(11.7%), Singapore (9.7%), and Vietnam (8.6%).