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AI fuels boom as Hong Kong exports soar 53% to record HK$641 billion in June

Hong Kong exports surged 53.4% year on year in June to a record HK$641.1 billion, the sharpest increase in 42 years, driven by strong global demand for AI-related electronic products, according to provisional figures from the Census and Statistics Department. Imports rose 45.4% to HK$693 billion, resulting in a trade deficit of HK$51.9 billion.

read1 min views1 publishedJul 27, 2026
AI fuels boom as Hong Kong exports soar 53% to record HK$641 billion in June
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In first half of 2026, total exports increased by 39.1 per cent from a year earlier, while imports grew 40.6 per cent

Hong Kong exports rose 53.4 per cent year on year in June, their sharpest increase in 42 years, to a record HK$641.1 billion on strong overseas demand for AI-related products.

Provisional figures released by the Census and Statistics Department on Monday showed that the total value of exports climbed to HK$641.1 billion (US$81.7 billion) last month, after a 40.8 per cent surge in May.

The last time exports rose more than 50 per cent in a month was in March 1987.

A government spokesman said the strong growth in exports last month was underpinned by sustained global demand for electronic products related to artificial intelligence (AI), with most major markets continuing to show remarkable growth.

“Looking ahead, the robust demand for AI-related electronic products globally should render continued support to Hong Kong’s merchandise trade performance,” he said. “Yet, the recent re-escalation of geopolitical tensions in the Middle East deserves attention.”

Imports rose 45.4 per cent to HK$693 billion, leading to a trade deficit of HK$51.9 billion, which is equivalent to 7.5 per cent of the value of imports of goods in June.

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