Please use a Javascript-enabled browser. 081110en03001
news.gov.hk  
 From Hong Kong's Information Services Department
*
November 10, 2008
*
*
Trade
*
September goods exports rise
*
Census & Statistics Department

September saw the volume of total goods exports rise 0.1% and the volume of goods imports fall 0.1% on the same period last year, the Census & Statistics Department says.

 

The volume of goods re-exports rose 1.4% in September while that of domestic exports fell 29.3%.

 

Comparing the first nine months with a year earlier, the volume of goods re-exports rose 6.3%, while that of domestic exports dropped 18.1%. Taken together the volume of total goods exports grew 5.3% and the volume of goods imports rose 5.7%.

 

On a seasonally adjusted basis the third quarter saw the volume of total goods exports fall 2.3% over a year earlier. Within this total the volume of re-exports fell 1.9%, while that of domestic exports dropped 15%. The volume of goods imports fell 1.6%.

 

In September the price of goods re-exports rose 4.7%, while that of domestic exports grew 6.7%. Taken together the price of total goods exports rose 4.8% and that of goods imports grew 5.2%.

 

Trade index

The trade index fell 0.4% in September and 0.9% in the first nine months of the year, mainly due to the surge in import fuel prices.

 

The month saw the total export volume to Germany climb 13.7% on last September. Total export volume to the US, the Mainland, the UK and Japan, however, fell 0.4%, 0.6%, 1.3% and 5%.

 

Total export prices to all main destinations rose, such as the US (8%), the UK (7.7%), Germany (6.4%), Japan (6.2%) and the Mainland (2.9%).

 

Falls were recorded for the import volume from Taiwan (16.2%), Singapore (13.6%) and Japan (7.3%). The import volume from the Mainland and the US rose 4.5% and 9.1%.

 

Import prices from all main suppliers surged, such as Singapore (14.7%), the Mainland (4.9%), Taiwan (3.9%), Japan (3%) and the US (2.6%).