August exports down 2.3%

September 24, 2020

The value of Hong Kong's total exports fell to $344.5 billion in August, down 2.3% compared with the same month last year, the Census & Statistics Department announced today.

 

The value of goods imports dropped 5.7% to $359.1 billion year-on-year in the same month.

 

A trade deficit of $14.6 billion, or 4.1% of the value of imports, was recorded for the period.

 

Comparing the three-month period ending August with the preceding three months on a seasonally adjusted basis, the value of exports rose 0.3% while that of imports increased by 0.6%.

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