Hong Kong's foreign trade deficit decreased in April due to export growth, particularly to the Mainland and US.

Hong Kong's foreign trade deficit decreased significantly in April, from HK$36.6 billion to HK$10.2 billion, due to a surge in export growth, particularly to the Mainland and the US. Exports to Asia grew by 15.7%, with a 38.4% increase to Malaysia and a 33.2% jump to Thailand. This improvement in the trade balance could boost investor confidence and signal a revitalization of trade activities in Hong Kong.

May 27, 2024
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