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The value of Hong Kong's total exports and imports of goods both showed significant year-on-year increases in July, at 23.3% and 24.9%, the Census & Statistics Department said today.
During the month the total exports of goods, comprising re-exports and domestic exports, increased by 23.3% over a year earlier to $261.8 billion, after a year-on-year rise of 26.7% in June.
The value of re-exports increased by 23.5% to $255.8 billion, while the value of domestic exports grew by 16.4% to $6 billion.
The value of imports of goods rose 24.9% over a year earlier to $292.3 billion, after a year-on-year increase of 31% in June.
A visible trade deficit of $30.5 billion, equivalent to 10.4% of the value of imports of goods, was recorded in July.
During the first seven months of the year the value of total exports of goods rose by 24.8% over the same period last year, while the value of imports of goods increased by 30.8%. A visible trade deficit of $209.4 billion, equivalent to 11.2% of the value of imports of goods, was therefore recorded.
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