Hong Kong rises to world's fifth-largest trading entity in merchandise trade
According to the World Trade Organization's Global Trade Outlook and Statistics report, Hong Kong ranked as the world's fifth largest merchandise trading economy in 2025, climbing two places from the previous year, following Mainland China, the United States, Germany, and the Netherlands. When the European Union is counted as a single trading entity, Hong Kong ranked fourth globally. As a core hub of the Guangdong-Hong Kong-Macao Greater Bay Area, Hong Kong's total merchandise trade value rose by 17.5% year-on-year to US$1.585 trillion, accounting for 3% of the global total.