Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Economy
 Search News  Or
HK's exports down 2.8% in Oct

Nov. 28, 2012 (China Knowledge) - The value of Hong Kong's exports of goods dropped 2.8% YoY to HK$297 billion in October this year, after a YoY increase of 15.2% in September, according to the latest figures from the Census and Statistics Department.

Last month, the value of re-exports totalled HK$292.2 billion, down 2.7% YoY, while the value of domestic exports decreased by 8.2% to HK$4.8 billion.

The value of Hong Kong's imports of goods totalled HK$339.7 billion last month, up 3.3% YoY. The city recorded trade deficit of HK$42.7 billion, equivalent to 12.0% of the value of imports of goods during the period.
 
The city's exports to the Asian market declined 1.8% in October. There was a 23% decrease in exports to India, a 13.5% increase in exports to South Korea, a 9.4$ decrease in exports to Japan and a 8.1% decrease in exports to Philippines.

As for some other major destinations in other regions, the city's exports to the Germany, U.S. and the U.K. decreased 7.7%, 2.4% and 5.5% YoY in October, respectively.
 
In the first ten months of this year, the value of total exports of goods increased by 1% over the same period of 2011. Of the total, the value of re-exports increased by 1.3%, while the value of domestic exports decreased by 12.7%.

Meanwhile, the value of imports of goods increased 2.6% during the ten-month period. A trade deficit of HK$385.7 billion, equivalent to 12% of the value of imported goods, was recorded during the reporting period.







Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved