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Exports value up 2.8%

February 26, 2015

Hong Kong's total exports’ and imports’ value in January recorded year-on-year increases of 2.8% and 7.9%, the Census & Statistics Department announced today.

 

Total goods exports' value increased to $311.9 billion from a year earlier, after a year-on-year increase of 0.6% in December 2014.

 

Within this total, re-exports’ value increased 2.8% to $307.4 billion, while domestic exports’ value rose 3.9% to $4.5 billion. Goods imports’ value increased 7.9% over a year earlier to $348.9 billion, after a 1.9% year-on-year increase in December 2014.

 

A visible trade deficit of $37 billion, equivalent to 10.6% of goods imports’ value, was recorded in January.

 

Comparing the three-month period ending January 2015 with the preceding three months on a seasonally adjusted basis, total goods exports’ value dropped 3.1%. Within this total, re-exports’ value dropped 3.1%, while domestic exports’ value dropped 4.8%. Goods imports’ value dropped 3%.



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