Hong Kong’s trade in services statistics for 2024

Source: Hong Kong Government special administrative region – 4

The Census and Statistics Department (C&SD) released today (February 13) the Hong Kong’s trade in services (TIS) statistics for 2024, with detailed breakdowns by service component and by main destination/source.

Comparing 2024 with 2023, the value of total exports of services rose by 9.9% to $835.5 billion, and that of total imports of services increased by 12.9% to $698.1 billion. An invisible trade surplus at $137.4 billion, equivalent to 19.7% of the value of total imports of services, was recorded in 2024. This was smaller than the corresponding surplus of $141.6 billion in 2023, equivalent to 22.9% of the value of total imports of services in 2023.

Analysis by service component

Analysed by service component, transport was the largest component in exports of services, accounting for 32.0% of the value of total exports of services in 2024. This was followed by financial services (25.9%) and travel (21.0%).

As for imports of services, travel accounted for 31.9% of the value of total imports of services in 2024, followed by transport (22.1%) and other business services (15.1%).

Amongst various service components, the net exports of financial services contributed most significantly to the overall invisible trade surplus, at $145.8 billion in 2024. This was followed by transport ($112.6 billion) and other business services ($14.4 billion). 

On the other hand, manufacturing services imported by Hong Kong in outward processing were substantial, resulting in a deficit of $89.3 billion in 2024. This was followed by travel ($47.5 billion) and charges for the use of intellectual property ($7.2 billion).

Analysis by main destination/source 

Chinese Mainland and the United States of America (the USA) were the top two main destinations of exports of services of Hong Kong, accounting for 28.6% and 18.2% respectively of the value of total exports of services in 2024. They were followed by the United Kingdom (the UK) (9.1%), Singapore (5.4%) and Taiwan (4.5%).

Chinese Mainland and the USA were also the top two main sources of imports of services, accounting for 40.8% and 10.9% respectively of the value of total imports of services in 2024. They were followed by Japan (7.8%), the UK (7.5%) and Singapore (4.9%).

Analysed by region, Asia was the most important destination of the exports of services of Hong Kong, accounting for 52.8% of the value of total exports of services in 2024, followed by North America (20.2%) and Western Europe (20.0%).

For imports of services, Asia was also the most important source, accounting for 66.8% of the value of total imports of services in 2024, followed by Western Europe (15.8%) and North America (12.5%).

Further information

Table 1 presents exports, imports and net exports of services by service component in 2023 and 2024.

Table 2 presents exports of services by main destination and imports of services by main source in 2023 and 2024. 

Table 3 presents exports, imports and net exports of services by region of destination/source in 2023 and 2024. 

More detailed TIS statistics will be given in the report “Hong Kong Trade in Services Statistics in 2024”. Users can browse and download this report at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1020011&scode=240) as from end-February 2026.

The TIS statistics have incorporated the latest international recommendations given in the Manual on Statistics of International Trade in Services 2010. For details, please refer to the website of the C&SD (www.censtatd.gov.hk/en/scode240.html). They are compiled mainly based on data obtained from the Annual Survey of Imports and Exports of Services conducted by the C&SD, supplemented by data from other relevant sources. The TIS statistics for 2024 are subject to minor revision when more data from supplementary sources become available.

For enquiries about TIS statistics, please contact the Trade in Services Statistics Section of the C&SD (Tel: 3903 7415; email: tis@censtatd.gov.hk).

Special traffic arrangements during Lunar New Year

Source: Hong Kong Government special administrative region

  The Police announced today (February 13) that special traffic arrangements will be implemented in various districts on Lunar New Year’s Eve and during the Lunar New Year holidays. Members of the public are urged to plan their journeys in advance and to make use of public transport services as far as possible.

Hong Kong Island
—————– Northbound Gloucester Road between Causeway Road and Great George Street.- Kingston Street;
– Paterson Street; and
– Cleveland Street.- Northbound Gloucester Road between the Gloucester Road flyover and Victoria Park Road;
– Hing Fat Street between Causeway Road and Lau Li Street, except for franchised buses and green minibuses (GMBs);
– Electric Road between Yacht Street and Hing Fat Street;
– Eastbound Hennessy Road between Percival Street and Yee Wo Street, eastbound Yee Wo Street between Hennessy Road and Causeway Road, eastbound Causeway Road between Yee Wo Street and Tung Lo Wan Road, and westbound Causeway Road between Tung Lo Wan Road and Moreton Terrace, except for franchised buses, GMBs and trams.- East Point Road; and
– Great George Street between East Point Road and Paterson Street. 
     Learner drivers cannot use the following roads from 4pm to 8am of the following day:- Tin Lok Lane;
– Caroline Hill Road;
– Eastern Hospital Road;
– Tai Hang Road north of Lai Tak Tsuen Road;
– Tung Lo Wan Road;
– Electric Road south of Gordon Road;
– Morrison Hill Road north of Queen’s Road East;
– Hennessy Road;
– Yee Wo Street;
– Causeway Road;
– King’s Road;
– The service road of Gloucester Road;
– Hing Fat Street;
– Westbound Tin Hau Temple Road west of Cloud View Road; and
– Eastbound Wan Chai Road.- All parking spaces at Hing Fat Street Public Car Park will be suspended from 8am on February 16 to 7am of the following day; and
– All on-street parking spaces along Tung Lo Wan Road will be suspended from 8pm on February 16 to 7am of the following day.——— The unnamed road connecting Wong Tai Sin Temple and Wong Tai Sin Road, except for designated vehicles.- Apliu Street between Nam Cheong Street and Wong Chuk Street;
– Southbound Nam Cheong Street between Cheung Sha Wan Road and Hai Tan Street;
– Hai Tan Street between Nam Cheong Street and Boundary Street;
– Yee Kuk Street between Boundary Street and Shek Kip Mei Street; and
– Shek Kip Mei Street between Yee Kuk Street and Apliu Street.- Two disabled parking spaces on eastbound Hoi Bun Road near Hoi Bun Road Park; and
– Ten motorcycle parking spaces on westbound Hoi Bun Road near Kwun Tong Promenade.—————- The motorcycle parking spaces at Kai Hong Close will be suspended; and
– The metered parking spaces (Nos. 20177A/B, 20178A/B, 20179A/B, 20180A, 20183B and 20184A/B) on Hoi Pa Street will be suspended.- San Hong Street between Tsun Fu Street and Fu Hing Street.- San Tsoi Street; and
– Fu Hing Street between San Hong Street and San Tsoi Street.- The motorcycle parking spaces on San Lok Street will be suspended from 6pm on February 16 to 4am of the following day.- San Hop Lane;
– Hung Cheung Road between Tin Hau Road and its southern junction with San Ping Circuit;
– Southbound Hung Cheung Road between its northern and southern junction with San Ping Circuit;
– San On Street from its southern junction with Hung Cheung Road to a point about 50 metres north of the same junction; and
– Hing Wong Street from its junction with Hung Cheung Road to a point about 50 metres north of the same junction.- Traffic along southbound Tin Hau Road cannot turn to Pui To Road; and
– Hung Cheung Road between its northern and southern junction with San Ping Circuit will be rerouted one-way northbound.- The cycle track along the western riverside of Tuen Mun River Channel between Pui To Road and Yau Oi Bridge will be suspended.- Traffic along Tak Hau Street cannot go straight to Sha Tin Sports Ground Car Park.

Dispute scheme platform launches

Source: Hong Kong Information Services

The Department of Justice today announced that an online platform for sports dispute resolution under the “Pilot Scheme on Sports Dispute Resolution” has been officially launched and is open for applications for mediation and arbitration of sports disputes.

Deputy Secretary for Justice and Chairperson of the Advisory Committee on Sports Dispute Resolution Cheung Kwok-kwan said establishing a mechanism that is efficient, credible and dedicated to resolving sports disputes is an important foundation for advancing the development of the sports industry and enhancing corporate governance in the sector.

Mr Cheung also expressed satisfaction that panels of mediators and arbitrators have been established under the pilot scheme.

The panels comprise 53 mediators and 43 arbitrators. They are from Hong Kong’s own local legal and sports sectors and 23 other jurisdictions, and include experts in international sports mediation and arbitration.

Mr Cheung stated that this diverse pool of international dispute resolution talent will help Hong Kong to develop as a regional and international sports dispute resolution hub, reinforcing the city’s position as a leading centre for international legal and dispute resolution services in the Asia-Pacific region.

The Department of Justice said it will collaborate with the AALCO Hong Kong Regional Arbitration Centre and other stakeholders to organise a series of promotional and capacity-building activities.

The pilot scheme was launched by the Department of Justice in December and will run for two years. It aims to provide the sports sector with a fair, efficient and convenient mechanism for resolving sports disputes through mediation and arbitration.

Sites to be released at Loop

Source: Hong Kong Information Services

The Government announced today that part of the site of the former community isolation and treatment facilities at the Lok Ma Chau Loop will be put to use in Phase 1 of the Hong Kong Park area of the Hetao Shenzhen-Hong Kong Science & Technology Innovation Co-operation Zone, and in the construction of road infrastructure and a planned Northern Link Spur Line railway station at the Loop.

The Government will transfer the isolation facilities and aims to release the site, which is at the eastern end of the Loop and approximately 3.6 hectares in size, in mid-2026, to enable construction of a sewage treatment works, a fire station and an ambulance depot.

These facilities will meet the needs of Phase 1 of the Hong Kong Park area. The Government will commence tendering for relevant construction works in phases.

The Government also aims to release a site of approximately 4.2 hectares in the middle portion of the Loop from March 2027, to facilitate the construction of road infrastructure at the planned railway station. The site currently encompasses temporary storage facilities, temporary sewage treatment facilities and underground power cables.

To align with the principle of maximising the use of facilities constructed with the support of the central government, as far as is practicable the Government will retain the facilities removed from both sites and deliver them to suitable locations for reconfiguration and reuse. This includes repurposing them as site offices and ancillary facilities, such as staff rest rooms and material storage rooms for government works projects.

Taiwan FDI Statistics Summary Analysis (January 2026)

Source: Republic of China Taiwan

According to the statistics, from January to January 2026, 212 foreign direct investment (FDI) projects with a total approved amount of US$837,605,000 were recorded. This represents a 73.77% increase in the number of cases, but a 24.64% decrease in the FDI amount compared with the same period in 2025.

Regarding inward investment from Mainland China, no cases with a total approved amount of US$0 were recorded in January 2026. This represents a 100% decrease in both the number of cases and the investment amount compared with the same period in 2025.

In terms of Taiwan’s outbound investment (excluding Mainland China), 56 projects were registered in January 2026, with a total amount of US$ 1,553,076,000. This represents a 30.23% increase in the number of cases, and a 267.76% increase in the investment amount, compared with the same period in 2025.

As for Taiwan’s outward investment to Mainland China, 14 applications were approved in January 2026, marking a 22.22% decrease compared with the same period in 2025. The approved investment amount totaled US$ 88,913,000, representing a 2.74% decline compared with the same period in 2025.

Bun scrambling applications to open

Source: Hong Kong Information Services

Applications for the Cheung Chau Bun Scrambling Competition, the finale of 2026 Bun Carnival, will be accepted via e-ballot from February 23, the Leisure & Cultural Services Department announced today.

The finale will take place on May 24 on the soccer pitch at Pak Tai Temple Playground on Cheung Chau from 11.30pm to 12.45am.

Physically-fit adults are welcome to apply to participate in the event, in which competitors scale a bamboo tower while attempting to snatch buns attached to it.

Those interested should complete SmartPLAY user registration and identity authentication, and submit their electronic ballot applications via the website, the My SmartPLAY mobile app or Smart Self-service Stations by March 6.

The maximum number of entrants is 200, with places being allocated by ballot via SmartPLAY. Those who live, work or study on Cheung Chau will be given priority.

A selection exercise will be held on April 26. A total of 24 contestants – including at least six women – will enter the semi-finals to compete for 12 places in the final.

All selected applicants must undergo safety training on April 12 to be eligible to compete.

For enquiries, call the Islands District Leisure Services Office at 2852 3220.

1 more blaze patient discharged

Source: Hong Kong Information Services

The Health Bureau said today that one more resident injured in the Wang Fuk Court fire in Tai Po has recovered and been discharged from hospital.

Out of the 79 people injured in the incident, 78 have been discharged while the remaining patient is in stable condition.

Secretary for Health Prof Lo Chung-mau said he is very pleased to learn that another resident injured in the fire has been released from hospital before the Chinese New Year.

He noted that treating burn patients involves significant challenges and uncertainties, adding that through their professionalism and extensive experience, the Hospital Authority healthcare staff have helped the 79 injured people make steady progress towards recovery.

Prof Lo also expressed gratitude for their wholehearted dedication in treating the injured.

Tokyo ETO holds reception in Seoul to strengthen economic and people-to-people ties

Source: Hong Kong Government special administrative region

Tokyo ETO holds reception in Seoul to strengthen economic and people-to-people ties  
     In her welcoming remarks, the Principal Hong Kong Economic and Trade Representative (Tokyo), Miss Winsome Au, once again congratulated Korea for successfully hosting the Asia-Pacific Economic Cooperation (APEC) meetings last year, which was a landmark achievement. She noted that the high-level exchanges between Hong Kong and Korea in recent years provided a valuable platform for both places to strengthen collaboration and achieve results across a wide range of areas.
 
     She highlighted Hong Kong’s unique position under the “one country, two systems” arrangement, underscoring Hong Kong’s continued commitment to serving as a “super connector” and “super value-adder” linking the Chinese Mainland, Korea and the wider region. As a measure announced in the 2025 Policy Address, the Commerce and Economic Development Bureau has set up the Economic and Trade Express. The platform focuses on supporting local small and medium-sized enterprises and start-ups by proactively organising overseas business missions including Korea, while at the same time facilitating more enterprises to invest in and establish operations in Hong Kong, thereby promoting the two-way flow of enterprises and investments.
 
     Miss Au also remarked that Hong Kong Week 2025@Seoul, held last year, showcased Hong Kong’s East-meets-West creative strengths and drew over 540 000 attendees. The wide span of cultural performances and artistic showcases brought together about 800 Hong Kong and Korean artists and cultural practitioners through over 65 programmes.
 
     Tokyo ETO will continue to work closely with regional partners, including Invest Hong Kong and the Hong Kong Trade Development Council, to promote economic co-operation and people-to-people exchanges.
Issued at HKT 20:20

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CE officiates at commendation ceremony for HKSAR Delegations to 15th National Games, 12th National Games for Persons with Disabilities and 9th National Special Olympic Games of People’s Republic of China

Source: Hong Kong Government special administrative region

CE officiates at commendation ceremony for HKSAR Delegations to 15th National Games, 12th National Games for Persons with Disabilities and 9th National Special Olympic Games of People’s Republic of China (with photos/video)      
     The Chief Executive, Mr John Lee, officiated at the ceremony and presented certificates of commendation to medalists and prize winners in the Games.
      
     Addressing the ceremony, Mr Lee said that the 15th NG, the 12th NGD and the 9th NSOG were jointly hosted by Guangdong, Hong Kong and Macao for the first time, which fully demonstrated our country’s firm support for the collaborative development of the Guangdong-Hong Kong-Macao Greater Bay Area. It also signified Hong Kong’s practical integration into the overall development of our country which is of great significance and profound impact.

     Mr Lee added that the Government’s estimated expenditure for promoting sports development in this financial year exceeded $9.2 billion, more than doubling the $4.3 billion allocated ten years ago. The athletes’ outstanding achievements reflected the enhancement of Hong Kong’s sports prowess as well as the results of athletes’ strenuous training, while affirming that the Government’s long-standing commitment to training elite athletes and strengthening the policy on sports developments is on the right direction.
      
     Other attending guests included the Secretary for Culture, Sports and Tourism and the Head of the HKSAR Delegations, Miss Rosanna Law; the President of the China Hong Kong Paralympic Committee and Chairman of the Organising Committee of the Delegations, Mrs Jenny Fung; the Permanent Secretary for Culture, Sports and Tourism and Honorary Adviser of the Delegations, Ms Vivian Sum; the Under Secretary for Culture, Sports and Tourism, Mr Raistlin Lau; the Head of the National Games Coordination Office (Hong Kong), Mr Yeung Tak-keung; the Director of Leisure and Cultural Services and Vice Chairman of the Organising Committee of the Delegations, Ms Manda Chan; and the Chairman of the Executive Committee of the Delegations, Mr Cheng King-leung.
      
     The 15th NG, the 12th NGD and the 9th NSOG were jointly hosted by Guangdong, Hong Kong and Macao for the first time. First-time events also included the cross-boundary marathon between Hong Kong and Shenzhen, and the road cycling race spanning Guangdong, Hong Kong and Macao. The 15th NG was held from November 9 to 21, 2025, followed by the 12th NGD and the 9th NSOG from December 8 to 15, 2025. The ever largest HKSAR Delegations comprised more than 1 300 athletes in 28 competition events and 23 mass participation events at the 15th NG; and over 280 athletes in 14 competition events and four mass participation events of the 12th NGD as well as seven events of the 9th NSOG. They achieved the best-ever performance at the 15th NG, having won 31 medals, comprising 12 gold, eight silver and 11 bronze; entered the quarter-finals in 19 events; and won one first prize, two second prizes, and one third prize in the competition events and mass participation events. At the 12th NGD and the 9th NSOG, they won 142 medals, comprising 52 gold, 50 silver and 40 bronze. The competition results and relevant information are available on the dedicated webpage set up by the Leisure and Cultural Services Department (www.lcsd.gov.hk/en/ngames/2025/index.htmlIssued at HKT 21:07

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Special traffic arrangements for International Chinese New Year Night Parade

Source: Hong Kong Government special administrative region

Special traffic arrangements for International Chinese New Year Night Parade

     The Police announced today (February 12) that special traffic arrangements will be implemented in phases in Tsim Sha Tsui on the first day of the Chinese New Year (February 17) to facilitate the holding of the International Chinese New Year Night Parade. Members of the public are urged to plan their journeys in advance and to make use of public transport services as far as possible.- The fast lane of southbound Kowloon Park Drive between Peking Road and Salisbury Road;
– Ashley Road between Haiphong Road and Peking Road;
– Hankow Road between Haiphong Road and Middle Road;
– Lock Road;
– Northbound Nathan Road between Bowring Street and Salisbury Road;
– Southbound Nathan Road between Granville Road and Salisbury Road;
– Westbound Kimberley Road between Carnarvon Road and Nathan Road;
– Cameron Lane;
– Eastbound Cameron Road between Nathan Road and Carnarvon Road;
– Haiphong Road;
– Humphreys Avenue;
– Ichang Street; 
– Mody Road between Nathan Road and Bristol Avenue;
– Peking Road between Ashley Road and Nathan Road;
– Peking Road between Canton Road and Kowloon Park Drive;
– Middle Road between Hankow Road and Salisbury Road;
– Eastbound Salisbury Road between Canton Road and Kowloon Park Drive;
– Eastbound Salisbury Road between Kowloon Park Drive and Hankow Road, expect for the slow lane;
– Eastbound Salisbury Road between Hankow Road and Chatham Road South;
– The slow lane of westbound Salisbury Road between Nathan Road and Kowloon Park Drive;
– Westbound Salisbury Road between Kowloon Park Drive and Canton Road, including the pick-up/drop-off area outside the Hong Kong Cultural Centre; and
– the Salisbury Road underpass.- Middle Road between Hankow Road and Kowloon Park Drive;
– Hankow Road between Salisbury Road and Middle Road;
– Eastbound Salisbury Road between Kowloon Park Drive and Hankow Road; and 
– Southbound Kowloon Park Drive between Canton Road and Salisbury Road.- Northbound Kowloon Park Drive between Salisbury Road and Canton Road.- Traffic along eastbound Salisbury Road must turn left to northbound Hankow Road;
– Traffic along eastbound Peking Road must turn right to southbound Ashley Road;
– Traffic along southbound Ashley Road must turn right to westbound Middle Road;
– Traffic along northbound Kowloon Park Drive cannot turn left to southbound Canton Road;
– Traffic along southbound Nathan Road must turn left to eastbound Granville Road;
– Traffic along Granville Road between Nathan Road and Carnarvon Road will be rerouted one-way eastbound;
– Traffic along westbound Salisbury Road cannot turn right to northbound Nathan Road;
– Traffic along westbound Salisbury Road must turn right to northbound Kowloon Park Drive; and
– Traffic along northbound Carnarvon Road must turn right to eastbound Kimberley Road.- Traffic along southbound Chatham Road South must turn left to eastbound Salisbury Road.Issued at HKT 20:00

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