The value of Hong Kong's total exports increased to $386.4 billion in December 2023, up 11% on the same month in 2022.

The value of goods imports rose 11.6% to $446.3 billion for the same period.

A trade deficit of $59.9 billion, or 13.4% of the value of imports, was recorded for the month.

For 2023 as a whole, the value of total exports dropped 7.8% over 2022 and that of imports decreased 5.7%. A trade deficit of $467.6 billion, or 10.1% of the value of imports, was recorded in the year.

Comparing the fourth quarter of 2023 with the preceding quarter on a seasonally adjusted basis, the value of total exports increased 3.3% while that of goods imported rose 2.6%.

Date: 2024.01.25