February saw Hong Kong's re-exports of goods grow 5.9% on the same month last year, while domestic exports shrank 4.5%, the Census & Statistics Department says. Taken together, the volume of total goods exports grew 5.5%. Concurrently, the volume of imports rose 9.8%.
The price of re-exports rose 2.8% while that of domestic exports grew 3.4%. Taken together the price of total goods exports rose 2.8%. Concurrently, the price of goods imports grew 3.5%.
Comparing the year's first two months with the same period last year, the volume of Hong Kong's re-exports of goods rose 11.4%, while domestic exports fell 2.6%. Taken together, the volume of total exports of goods grew 10.9%. Concurrently, the volume of imports rose 13.7% in volume.
Over the same period the prices of goods re-exports rose 2.6%, while those of domestic exports grew 3.1%. Taken together, the prices of total goods exports increased 2.7%. Concurrently, the prices of goods imports grew 3.5%.
In February total export volume to the Mainland and Germany rose 12.2% and 7.4%, while that to Japan, the US and the UK fell 0.7%, 16.4% and 20.3%. Over the same period the total export prices to all main destinations rose.
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