Re-exports drop 2.8%

January 17, 2012

The volume of Hong Kong’s goods re-exports dropped 2.8% in November year on year, while that of domestic exports dropped 37.6%, the Census & Statistics Department said today.
 
Taken together, the volume of total exports decreased 3.6%. The volume of imports rose 2.9%.
 
Comparing the first 11 months of 2011 with the same period in 2010, the volume of re-exports increased 3.4%, whereas that of domestic exports fell 20.6%. Taken together, the volume of total exports increased 2.9%. The volume of imports rose 5.3%.
 
Comparing last November with November 2010, the prices of goods re-exports increased 7.7%, while that of domestic exports increased 6%. Taken together, the prices of total exports rose 7.6%. The prices of imports increased 7%.
 
For the first 11 months of 2011 over the same period in 2010, the prices of re-exports increased 8.1%, while those of domestic exports rose 6.6%. Taken together, the prices of total exports increased 8.1%. The prices of imports increased 8.2%.