2021 Mid-Year Export Review: Robust But Uneven Recovery

Hong Kong’s exports showed a sharp rebound of 30.8% year-on-year in the first four months of 2021. With a reading of 48.7 points, the latest HKTDC Export Index has, however, indicated that exporter sentiment has continued to improve across major sectors and markets. In view of the improving sentiment and strong export performance, HKTDC Research has revised its 2021 export growth forecast to 15% from 5%, albeit from a relatively low comparison base.