Exports volume falls

June 16, 2011

Volume of Hong Kong’s goods re-exports in April dropped 4.2% over the same month last year, while that of domestic exports decreased 8.3%, the Census & Statistics Department said today.
 
Taken together, the volume of total goods exports fell 4.3%. Concurrently, the volume of goods imports decreased 0.3%.
 
Comparing the first four months this year with the same period last year, the volume of goods re-exports rose 12%, whereas that of domestic exports fell 5.2%. Taken together, the volume of total goods exports rose 11.6%. Concurrently, the volume of goods imports rose 9.3%.
 
Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the volume of total goods exports rose 3%. Within this total, the volume of re-exports increased 3.3%, whereas that of domestic exports dropped 8.3%. Concurrently, the volume of goods imports increased 2.1%.
 
The prices of goods re-exports in April rose 8.6%, while those of domestic exports rose 6.5%, over the same month last year. Taken together, the prices of total goods exports increased 8.5%. Concurrently, the prices of goods imports rose 8%.
 
As regards price changes in the first four months of this year over the same period in 2010, the prices of goods re-exports rose 7.8%, while those of domestic exports rose 6.6%. Taken together, the prices of total goods exports increased 7.8%. Concurrently, the prices of goods imports increased 8.6%.
 
Compared with the same period in 2010, the trade index increased 0.5% in April, whereas it dropped 0.8% in the first four months of this year.