The volume of Hong Kong’s total exports of goods increased 8.7% year-on-year in November, while goods imports increased 8.6%, the Census & Statistics Department announced.
The volume of goods re-exports rose 8.8%, while that of domestic exports went up 3.4%.
Comparing the first 11 months of 2016 with the same period in 2015, goods re-exports grew 0.7%, while domestic exports dropped 7.1%. Taken together, total goods exports increased 0.6%.
Concurrently, the volume of goods imports slightly increased 0.2%.
Comparing the three-month period ending November with the preceding three months on a seasonally adjusted basis, overall goods exports rose 5.0%. Within this total, re-exports increased 5.0%, while exports rose 4.8%.
Concurrently, the volume of goods imports expanded 3.6%.
Meanwhile, the prices of re-exports of goods fell by 0.5% in November 2016 against November 2015, whereas those of domestic exports increased by 0.7%. Taken together, the prices of total exports of goods inched up by 0.5%.
Concurrently, the prices of imports of goods declined by 0.4%.
In the first 11 months of 2016 the prices of re-exports of goods slipped back by 1.9% compared to the year ago level, while those of domestic exports decreased by 1.7%. Taken together, the prices of total exports of goods went down by 1.9%.
Concurrently, the prices of imports of goods decreased by 1.9%.
Photo: Miran Rijavec
