Hong Kong's total exports value up 1.5% to $317.8b
Friday, 25 October, 2013
Source: Hong Kong Business (http://hongkongbusiness.hk/)
Re-exports value up by 1.8%. In a report, the Census & Statistics Department said Hong Kong’s total exports’ value increased 1.5% in September over a year earlier to $317.8 billion, compared to a year-on-year decrease of 1.3% in August. Within this total, re-exports’ value increased 1.8% to $313.4 billion, while domestic exports’ value decreased 18% to $4.4 billion.
Comparing September 2013 with September 2012, imports’ value increased 0.4% to $359.8 billion, after a year-on-year decrease of 0.2% in August.
A visible trade deficit of $42 billion was recorded for September, equivalent to 11.7% of imports’ value. Total exports’ value rose 3.2% year-on-year for the first nine months of 2013 as a whole. Within this total, re-exports’ value increased 3.4%, while domestic exports’ value decreased 7.3% and imports’ value increased 3.6%.
A visible trade deficit of $364.5 billion was recorded for this period, equivalent to 12.3% of imports’ value.