Hong Kong’s apparel imports plunged 32.85 per cent to $4.17 billion during January–August 2025 amid subdued consumer demand, reduced re-exports, and excess inventory correction.
The decline was aggravated by direct sourcing from China, Vietnam, and Bangladesh, a strong US dollar, and slow post-pandemic recovery in retail and tourism.
Weak consumption and trade slowdown have dampened 2025 imports.Hong Kong’s apparel imports plunged 32.85 per cent to $4.17 billion during January–August 2025 amid subdued consumer demand, reduced re-exports, and excess inventory correction.
The decline was aggravated by direct sourcing from China, Vietnam, and Bangladesh, a strong US dollar, and slow post-pandemic recovery in retail and tourism.
Weak consumption and trade slowdown have dampened 2025 imports.
Weak demand drags Hong Kong apparel imports down 33% in Jan–Aug
