Trade hub: Hong Kong's total goods export volume rose 7.2% in January.

Hong Kong's total goods exports volume rose 7.2% in January on the same month last year, while the goods imports volume grew 12.2%, the Census & Statistics Department says. Taken separately, the re-exports volume grew 10.5% and the domestic exports volume fell 37.5%.

The month saw the price of goods re-exports rise 2.8%, and those of domestic exports grow 0.1%. Total goods export and import prices both rose 2.7%.

Export volume to the Mainland saw 19.9% year-on-year growth, but to the UK it fell 1.4%, to Germany it dropped 4.5%, and to Japan and the US it also dipped 4.9% and 5.2%.

Total export prices to all destinations increased in the month, such as Germany (+2.9%), the Mainland (+2.9%), the US (+2.4%), the UK (+2.2%) and Japan (+1.5%).

Comparing January with the same month last year, the import volume from the US grew 37.1%, while Japan and Singapore rose 20.4% and 14.2%.

Over the same comparison periods, the import volume from the Mainland grew 11.7%, while that from Taiwan fell 6.1%. Import prices from Taiwan, the Mainland, the US and Japan rose 7.6%, 2.8%, 1.7% and 0.9%, while import prices from Singapore fell 0.9%.