The Census and Statistics Department of the Hong Kong Special Administrative Region Government announced on the 26th that the overall export value of Hong Kong goods in February 2026 was HKD 408.8 billion, an increase of 24.7% compared to the same month last year; The value of imported goods was HKD 472.9 billion, an increase of 29.9% compared to the same month last year. The Statistics Department stated that due to the impact of the Lunar New Year holiday, it is more appropriate to merge the trade statistics for January and February for analysis. Data shows that in the first two months of this year, the overall export value increased by 29.6% year-on-year, and the import value of goods increased by 34.1% year-on-year. A tangible trade deficit of HKD 79 billion was recorded in the first two months of this year, equivalent to 7.8% of the value of imported goods. In the first two months of this year, the overall export value of most major categories of goods recorded an increase, especially "electric machinery, instruments and appliances, and parts", which increased by 35.3% year-on-year; The proportion of communication, recording, and audio equipment and instruments increased by 47.6% year-on-year. At the same time, the import value of most major categories of goods recorded an increase, especially "electric machinery, instruments and appliances, and parts", which increased by 37.9% year-on-year; The proportion of communication, recording, and audio equipment and instruments increased by 74.4% year-on-year; Non ferrous metals increased by 296.7% year-on-year. A spokesperson for the SAR government stated that global demand for AI related electronic products should continue to remain strong, which will support Hong Kong's commodity trade performance. The status of Hong Kong as a transit port is steadily improving. ”During an interview with China News Service, Hong Kong Legislative Council member (from the import and export sector) Chung Chi fung gave an example, stating that in the first two months of this year, the value of Hong Kong's imports from the United Kingdom increased by 134.8% year-on-year. The increase in trade between the Hong Kong Special Administrative Region and the United Kingdom is mainly due to the deepening of economic and trade cooperation between the two countries. Data shows that in the first two months of this year, Hong Kong's exports to the United Arab Emirates increased by 54.2% year-on-year. Zhong Qifeng predicts that Hong Kong's exports to the United Arab Emirates may significantly decrease in March due to the impact of the Middle East situation. Considering the close economic and trade relationship between Hong Kong and the local area, it is expected that the pace of trade recovery will be faster once local transportation resumes normal. (New Society)