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.

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