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U.S. trade with Hong Kong rose 24.42 percent through August

Hong Kong’s trade with the United States increased to $26.83 B through the first eight months of 2025, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 24.42 percent above its total trade during the same time period last year ago. U.S. exports to Hong Kong increased 24.09 percent while U.S. imports from Hong Kong rose 26.2 percent. The U.S. surplus with Hong Kong was $18.41 B.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Anchorage International Airport, AK; No. 3 FedEx Memphis WorldHub; No. 4 Los Angeles International Airport; and No. 5 San Francisco International Airport, CA. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport; No. 2 Los Angeles International Airport; No. 3 Anchorage International Airport, AK; No. 4 FedEx Memphis WorldHub and No. 5 Cleveland's Hopkins International Airport, OH. In the current time period, the top five accounted for 73.71 percent of Hong Kong’s U.S. trade.

Among those top five:

  • Trade with No.1 John F. Kennedy International Airport rose 73.88 percent to $12.54 billion.
    Exports rose 79.16 percent to $9.62 billion. Imports rose 58.46 percent to $2.91 billion.
  • Trade with No.2 Anchorage International Airport, AK rose 15.1 percent to $2.47 billion.
    Exports rose 14.91 percent to $2.36 billion. Imports rose 19.34 percent to $111.74 million.
  • Trade with No.3 FedEx Memphis WorldHub rose 0.15 percent to $1.84 billion.
    Exports rose 7.63 percent to $1.78 billion. Imports fell 65.63 percent to $64.5 million.
  • Trade with No.4 Los Angeles International Airport fell 31.83 percent to $1.74 billion.
    Exports fell 31.99 percent to $1.58 billion. Imports fell 30.21 percent to $163.03 million.
  • Trade with No.5 San Francisco International Airport, CA rose 25.62 percent to $1.19 billion.
    Exports rose 29.08 percent to $1.09 billion. Imports fell 4.17 percent to $94.13 million.

Hong Kong ranked No. 24 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 28.

Meanwhile, total U.S. trade with the world increased to $3.75 T, up 6.87 percent compared to the same period last year. The nation’s exports climbed 3.86 percent to $1.43 T; imports climbed 8.81 percent to $2.32 T. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Switzerland and Germany. The overall trade deficit was $892.21 B, up compared to the same period of last year when the deficit was $757.53 B.

The top five U.S. exports to Hong Kong by value through August were the categories of Articles with precious metals; Cell phones, related equipment; Gold; Jewelry, parts; and Diamonds, not mounted, respectively. They accounted for 52.27 percent of total exports to Hong Kong.

The value of the top five categories of U.S. imports from Hong Kong –– Articles with precious metals; Returned exports, without change; Gold; Jewelry, parts; and Cell phones, related equipment –– accounted for 89.04 percent of all inbound shipments.

Looking more closely at U.S. exports to Hong Kong:

  • Articles with precious metals rose 49125 percent compared to last year to $3.77 billion.
  • Cell phones, related equipment rose 37.59 percent compared to last year to $3.33 billion.
  • Gold rose 298.58 percent compared to last year to $2.12 billion.
  • Jewelry, parts fell 4.61 percent compared to last year to $1.35 billion.
  • Diamonds, not mounted fell 25.64 percent compared to last year to $1.25 billion.

Looking more closely at U.S. imports from Hong Kong:

  • Articles with precious metals rose 314284 percent compared to last year to $1.85 billion.
  • Returned exports, without change fell 33.44 percent compared to last year to $1.33 billion.
  • Gold rose 2415532 percent compared to last year to $241.51 million.
  • Jewelry, parts fell 58.58 percent compared to last year to $181.52 million.
  • Cell phones, related equipment rose 26.87 percent compared to last year to $147.04 million.

In the latest annual figures available, Hong Kong recorded $33.86 B in trade with the United States. Total U.S. exports to Hong Kong were $ 27.89 B and imports from Hong Kong were $5.97 B. The U.S. surplus with Hong Kong was $21.91 B.