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 From Hong Kong's Information Services Department
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January 26, 2004
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Trade
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Total exports grow 12% in November
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Census & Statistics Department

The volume of Hong Kong's re-exports of goods rose 13% in November compared with the same month in 2002, while domestic exports fell 1.1%.

 

Taken together, the volume of total exports of goods grew 12%. Concurrently, the volume of imports rose 14.9%.

 

Comparing the first 11 months of 2003 with the same period in 2002, the volume of Hong Kong's re-exports of goods rose 15.7%, while domestic exports fell 8.5%. Taken together, the volume of total exports of goods grew 13.6%. Concurrently, imports rose 12.2% in volume.

 

Comparing the three-month period ending November with the preceding three months on a seasonally adjusted basis, the volume of total exports of goods rose 2.4%. Within this, the volume of re-exports rose 2.7%, while domestic exports fell 1.5%. Concurrently, the volume of imports of goods rose 6.3%.

 

Comparing November with the same month in 2002, the prices of re-exports of goods fell 1.6%, and those of domestic exports by 1.4%. Taken together, the prices of total exports of goods fell 1.7%. Concurrently, the prices of imports of goods were virtually unchanged.

 

On price changes in the first 11 months of 2003 over the same period in 2002, the prices of re-exports of goods fell 1.6%, while those of domestic exports rose 0.3%. Taken together, the prices of total exports of goods were down 1.4%. Concurrently, the prices of imports of goods fell 0.4%.