Hong Kong Exports Surge 42.9% in April 2026 on AI Demand

Hong Kong's merchandise exports surged 42.9% year-on-year to HK$620.9 billion in April 2026, driven by global AI-led demand and supply chain shifts, according to data from the Census and Statistics Department and analysis by the Hong Kong Trade Development Council (HKTDC). For the first four months of 2026, total exports reached HK$2,166.4 billion, up 35% from the same period last year. Bruce Pang, Director of Research at HKTDC, attributed the strong performance to the "global AI-led application upcycle and strong demand for ICT equipment," reinforced by supply chain reconfiguration in Asia and higher unit prices. As a key re-export hub for electronic components, Hong Kong benefits from robust demand for chips, AI-enabled products, and ICT equipment across major markets, including the Chinese Mainland, ASEAN, and the US.

The HKTDC's AI Surge Bolsters Electronics Industry from Geopolitical Headwinds | HKTDC Research report highlights how the electronics sector is thriving despite geopolitical tensions. Elevated oil prices and rising semiconductor costs have also inflated trade values, though this reflects price effects rather than volume expansion. The improved trade environment following the China-US leaders’ meeting in May is expected to boost business sentiment. However, risks remain from geopolitical developments, particularly in the Middle East, and energy price volatility. HKTDC, celebrating its 60th anniversary, continues to support Hong Kong's trade through international exhibitions and conferences, providing market insights and business opportunities for SMEs.