July saw the volume of Hong Kong's domestic exports fall 24.1% on the same month last year, while re-exports of goods rose 8.8%, the Census & Statistics Department says.

Taken together the volume of total exports of goods rose 7.3%, while the volume of imports of goods grew 10.9%.

The prices of re-exports of goods rose 4.9%, while those of domestic exports grew 6.2%. Taken together the prices of total exports of goods rose 4.9% while the prices of imports of goods grew 5.9%.

July also saw the total export volume to Germany, the Mainland and Japan rise 13.3%, 12.4% and 5.1% over the same month last year. The total export volume to the UK and the US fell 3.4% and 9%.

Total export prices to all main destinations rose, particularly the US (+9.4%), Germany (+7.6%), the UK (+6.8%), Japan (+5.6%) and the Mainland (+2.8%).

Double-digit growth was recorded for the import volume from the Mainland (+14.7%). The import volume from the US, Japan and Singapore rose 9.8%, 6.4% and 5.1%, the import volume from Taiwan fell 4.3%.

Import prices from all main suppliers rose, particularly Singapore (+14.7%), Taiwan (+9.3%), Japan (+5.0%), the Mainland (+4.8%) and the US (+2.7%).