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The volume of Hong Kong's re-exports of goods in November rose 12.2% over a year earlier, while domestic exports went up 28.8%.
Taken together, the volume of total exports rose 13.2%. Concurrently, the volume of imports rose 12.2%.
The Census & Statistics Department said when comparing the first 11 months of 2005 and 2004, the volume of Hong Kong's re-exports grew 12.1%, and that of domestic exports 5.9%. Taken together, the volume of total exports grew 11.7%. At the same time, imports rose 8.3% in volume.
Comparing the three-month period ending November with the preceding three months on a seasonally adjusted basis, the volume of total exports rose 4.4%.
Within this total, the volume of re-exports grew 2.8%, while domestic exports surged 30.7%. In the same period, the volume of imports rose 3.2%.
Import prices rise faster than export prices
Comparing November with the same month last year, the price of re-exports rose 0.6%, while those of domestic exports fell 0.3%. Taken together, the price of total exports rose 0.5%. The price of imports, meanwhile, rose 1.9%.
Comparing the first 11 months of 2005 with the same period last year, the price of re-exports rose 1.3%, and those of domestic exports 2.4%. Taken together, the price of total exports rose 1.4%, while the prices of imports rose 2.9%.
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