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WTO: Hong Kong Ranked World's Fifth-Largest Merchandise Trading Economy Last Year, Accounting for 3% of Global Trade
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The government cited the World Trade Organization (WTO)s Global Trade Outlook and Statistics report, which showed that in 2025, Hong Kong ranked as the worlds fifth-largest merchandise trading economy, rising two places from a year earlier. Total merchandise trade increased 17.5% YoY to USD1,585 billion, accounting for 3% of the global total. Secretary for Commerce and Economic Development Algernon Yau said the report fully demonstrated that over the past year, despite various challenges arising from geopolitics and trade protectionism, Hong Kongs external trade exhibited strong resilience. Following Mainland China, the United States, Germany and the Netherlands, Hong Kong ranked fifth globally among merchandise trading economies, an encouraging achievement. If the European Union is treated as a single trading economy, Hong Kong would rank fourth globally. In addition, building on last years strong momentum, Hong Kongs external merchandise trade continued to perform robustly at the beginning of this year. In February this year, the total value of exports and imports both recorded YoY growth of 24.7% and 29.9%, respectively. For the first two months of this year combined, the total value of exports rose 29.6% compared with the same period last year, while the value of merchandise imports increased 34.1%. The report also noted that last year Hong Kong ranked 22nd globally in commercial services trade, 23rd in commercial services exports and 25th in commercial services imports, all flat YoY. Total commercial services trade amounted to USD211 billion, accounting for 1.2% of the global total, representing growth of 6.6% compared with 2024. (ss/da) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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