Balance of trade · Hong Kong

Hong Kong Balance of Trade

The Hong Kong Balance of Trade shows the difference between the value of goods (and sometimes services) that Hong Kong sells abroad and what it buys from abroad, or the growth of exports and imports.

Importance: Low
Publié: Monthly
Prochaine publication: Thu 26 Nov 2026 08:30 UTC
Devise: HKD · Hong Kong dollar
Banque centrale: The Hong Kong Monetary Authority
Influence: EURHKD · USDHKD

Derniers chiffres

La dernière publication, pour SEP, est parue le 2026-10-28 et s’est établie à H$-46.3B.

Publié	Pour	Réel	Consensus	Précédent
28 Oct 2026	SEP	H$-46.3B	–	H$-71.2B
24 Sep 2026	AUG	H$-71.2B	–	H$-4.9B
25 Aug 2026	JUL	H$-4.9B	–	H$-52B
25 Jun 2026	MAY	H$-44.2B	–	H$-29.5B
28 May 2026	APR	H$-29.5B	–	H$-89.1B
28 Apr 2026	MAR	H$-89.1B	–	H$-64.2B
26 Mar 2026	FEB	H$-64.2B	–	H$-14.1B
27 Feb 2026	JAN	H$-14.1B	–	H$-63.3B
27 Jan 2026	DEC	H$-63.3B	–	H$-48.5B
29 Dec 2025	NOV	H$-48.5B	–	H$-39.9B
25 Nov 2025	OCT	H$-39.9B	–	H$-50.2B
27 Oct 2025	SEP	H$-50.2B	–	H$-25.4B

Publié

Pour

Réel

Consensus

28 Oct 2026

SEP

H$-46.3B

–

H$-71.2B

24 Sep 2026

AUG

H$-71.2B

–

H$-4.9B

25 Aug 2026

JUL

H$-4.9B

–

H$-52B

25 Jun 2026

MAY

H$-44.2B

–

H$-29.5B

28 May 2026

APR

H$-29.5B

–

H$-89.1B

28 Apr 2026

MAR

H$-89.1B

–

H$-64.2B

26 Mar 2026

FEB

H$-64.2B

–

H$-14.1B

27 Feb 2026

JAN

H$-14.1B

–

H$-63.3B

27 Jan 2026

DEC

H$-63.3B

–

H$-48.5B

29 Dec 2025

NOV

H$-48.5B

–

H$-39.9B

25 Nov 2025

OCT

H$-39.9B

–

H$-50.2B

27 Oct 2025

SEP

H$-50.2B

–

H$-25.4B

Voir dans le calendrier économique →

Pourquoi c’est important

Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the Hong Kong dollar; strong imports signal domestic demand. China's figures are read as a gauge of world demand.

Mode de calcul

Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.

Trade balance = exports − imports

Ce que signifient les variations

Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
Exchange-rate moves take months to affect trade volumes (the J-curve).

Supérieur aux attentes : A larger surplus (or smaller deficit) than expected tends to support the Hong Kong dollar.

Inférieur aux attentes : A smaller surplus (or larger deficit) than expected tends to weigh on the Hong Kong dollar.

Un bref historique

Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.

The Hong Kong dollar is pegged to the US dollar, so the base rate follows the Fed.

Questions

What is the Hong Kong Balance of Trade?

The Hong Kong Balance of Trade shows the difference between the value of goods (and sometimes services) that Hong Kong sells abroad and what it buys from abroad, or the growth of exports and imports.

What was the latest Hong Kong Balance of Trade?

H$-46.3B for SEP, published on 28 October 2026.

When is the next Hong Kong Balance of Trade?

On Thursday 26 November 2026 at 08:30 UTC.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.