August goods exports dip 7.2%
October 15, 2019
The volume of Hong Kong’s total goods exports dropped 7.2% year-on-year in August, the Census & Statistics Department announced today.
The volume of goods imports fell 11.9% compared to the same period last year.
Goods exports prices rose 1.1%, while those of goods imports increased 1%.
On a seasonally adjusted basis, the volume of goods exports fell 4.5% in the three-month period ending August compared with the preceding three months, while the volume of goods imports dropped 4.4%.
Comparing the first eight months of 2019 with the same period in 2018, the volume of goods exports fell 5.6%, while that of goods imports dropped 7.5%.
Both goods exports and imports prices increased 1.8% during the same period.