Hong Kong's total exports' value in April increased 2.2% while the value of imports dropped 2.9% year-on-year, the Census & Statistics Department announced today.
The value of total goods exports increased to $291.9 billion from a year earlier, after a year-on-year decrease of 1.8% in March.
Within this total, the value of re-exports increased 2.5% to $287.7 billion, while domestic exports decreased 13.7% to $4.2 billion. The value of goods imports fell 2.9% to $331.1 billion, after a year-on-year decrease of 2.7% in March.
A visible trade deficit of $39.2 billion, equivalent to 11.8% of the value of goods imports, was recorded in April.
Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the value of total goods exports decreased 1%. Within this total, the value of re-exports decreased by 0.9%, while that of domestic exports fell 4.7%. The value of goods imports dropped 1.2%.
