上海
Hong Kong ranked as the world's fifth-largest merchandise trading economy in 2025, rising two places from a year earlier, WTO data showed. Total trade rose 17.5% to $1.585 trillion, accounting for 3% of global trade.
Secretary for Commerce and Economic Development Algernon Yau said on April 2 the ranking showed the city's resilience despite geopolitical tensions and rising protectionism.
Yau said Hong Kong would continue to support a rules-based multilateral trading system and leverage its role as a global trading hub under the "one country, two systems" framework, citing efforts to expand trade links, attract investment and support small firms.
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