USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Macro

Hong Kong's total exports up 9% in April

Xinhua | Updated: 2013-05-28 03:12

HONG KONG - The value of Hong Kong's total goods exports and imports rose 9 percent and 7.7 percent year-on- year in April, respectively, the city's Census & Statistics Department announces Monday.

The department said the value of total goods exports rose 9 percent over a year earlier to HK$290.3 billion ($37.39 billion). Within this total, re-exports' value grew 9.3 percent to HK$285.8 billion, while the value of domestic exports fell 4.7 percent to HK$4. 5 billion.

Concurrently, the value of goods imports increased 7.7 percent year-on-year to HK$333 billion. A visible trade deficit of HK$42.7 billion, equivalent to 12.8 percent of the value of goods imports, was recorded in the month.

For the first four months as a whole, the value of total goods exports rose 5.3 percent over the same period in 2012. Within this total, the value of re-exports increased 5.4 percent, while the value of domestic exports fell 1.9 percent.

In the four months, the value of goods imports increased 5.6 percent. A visible trade deficit of HK$152.9 billion, equivalent to 12.2 percent of the value of goods imports, was recorded.

A government spokesman noted that the value of merchandise exports saw some appreciable year-on-year growth in April, though slightly decelerated from that in March. Exports to many Asian economies grew further by varying extents, yet those to the major advanced economies in the US, Europe and Japan were still distinctly weak.

The spokesman commented further that the sustained tepid performance of the major advanced economy markets underlines a still rather unsteady external environment, which might weigh on regional export activities going forward. Hong Kong's export performance will in turn be affected.

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US