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 From Hong Kong's Information Services Department
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December 23, 2004
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Trade

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Re-exports volume up 13.8%
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Census & Statistics Department

The volume of Hong Kong's re-exports of goods in October rose 13.8% compared with same month last year, and that of domestic exports by 10.1%. Taken together, the volume of total exports of goods rose 13.5%.

 

At the same time, the volume of goods imports rose 8.7%.

 

Releasing the volume and price statistics of external merchandise trade for October, the Census & Statistics Department said when comparing the first nine months of 2004 and 2003, the volume of Hong Kong's re-exports grew 16.9%, and that of domestic exports 2.5%. Taken together, the volume of total exports grew 15.8%.

 

At the same time, imports rose 15.6% in volume.

 

Comparing the three-month period ending October with the preceding three months on a seasonally adjusted basis, the volume of total exports was virtually unchanged. Within this total, the volume of re-exports fell 0.3%, while domestic exports rose 4.8%. 

 

Goods imports volume fell 1.4% in the period.

 

Prices of imports, exports, re-exports rise

Comparing October with the same month last year, the price of re-exports of goods rose 2.6%, and those of domestic exports grew 3.9%. Taken together, the price of total exports of goods rose 2.7%.

 

The price of imports rose 4.6% in the same period.

 

As regards price changes in the first 10 months of 2004 over that of 2003, the price of re-exports of goods rose  0.9%, and those of domestic exports 1%. Taken together, the price of total exports of goods rose 0.9%.

 

Concurrently, the price of imports rose 2.7%.