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  • US may be pleased with US$32.8b HK trade surplus, Carrie Lam says
        Date:2018-07-06 

    The United States notched up a US$32.8 billion merchandise trade surplus with Hong Kong last year and it was the highest trade surplus it had with any single economy, the Chief Excutive Carrie Lam Cheng Yuet-ngor said today.

    She highlighted the trade surplus in a speech at the United States Independence Day reception today at the US Consulate General in Hong Kong and Macau.

    Lam noted that she mentioned the trade surplus to President Donald Trump at APEC meetings last November in Vietnam. "Though I cannot be sure, apparently he was pleased,'' she said.

    Bilateral merchandise trade last year was worth US$70 billion, up by 2.5 percent over 2016. "The US was our second-largest export market in 2017, behind only mainland China.'' Hong Kong was the ninth-largest export market for the US, she added.



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