Hong Kong ranks as the world's fifth-largest trading economy. Wong Wai-lun: The results are very encouraging.

SighingCashier · 2026-04-03T08:50:07+00:00

Deputy Secretary for Finance, Wong Wai-lun, stated that according to WTO reports, Hong Kong's total merchandise trade last year reached $1.58 trillion, ranking fifth globally with a growth of 17.5%. Despite facing geopolitical and supply chain disruptions, Hong Kong's foreign trade remains resilient, especially with outstanding performance in the ASEAN markets. Hong Kong continues to perform well in trade, finance, and tourism, leveraging its unique advantages as an international city.

SighingCashier

2026-04-03 08:50:07

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Deputy Financial Secretary Huang Weilun said on a social media platform that, according to the latest report titled “Global Trade Outlook and Statistics” published by the World Trade Organization, last year Hong Kong ranked fifth globally in terms of merchandise trade economies, following Mainland China, the United States, Germany and the Netherlands. Total merchandise trade reached US$1.58 trillion, up 17.5% year on year, accounting for 3% of the global total. The results are encouraging.

Huang Weilun pointed out that despite disruptions to supply chains caused by geopolitical tensions and trade protectionism, Hong Kong’s external trade has still demonstrated strong resilience. He cited examples, saying that last year Hong Kong’s exports performed especially well in the ASEAN market: exports to Malaysia surged by as much as 72%, to Vietnam grew by 55%, and to Thailand also rose by nearly 40%.

He also said that the WTO report further reaffirmed Hong Kong’s position as an international trade hub. The tourism industry has also injected vitality into Hong Kong’s economy, driving the retail and catering sectors to flourish. In the capital markets, Hong Kong has regained the global No. 1 spot in IPOs, and momentum this year is similarly strong—there are currently more than 400 companies applying to list.

Huang Weilun said Hong Kong performed well across multiple key sectors, including trade, finance, exports and tourism, last year. In this current era of complex and rapidly changing conditions, Hong Kong will maintain its position as the world’s most open, most vibrant and most widely connected international city, fully leveraging its unique advantages to create business opportunities for enterprises and investors.

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