exports of services

Hong Kong's economy experienced robust growth in the second quarter of 2026, expanding by 4.3% year-on-year. This positive performance was significantly driven by buoyant external trade, which includes the export of services, and resilient domestic demand. Consequently, the government has revised its full-year economic growth forecast upwards to a range of 3.5 to 4.5 percent, an increase from the previous projection. This upward revision indicates a stronger-than-expected performance in the first half of the year. The continued strength in external trade suggests that Hong Kong's service export sector is performing well, contributing substantially to the overall economic expansion. The government anticipates this solid growth momentum to persist through the second half of 2026, highlighting the current relevance and significance of strong service exports in maintaining the territory's economic health and achieving its revised growth targets.