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July goods exports up 20.1%

The volume of Hong Kong's total goods exports increased 20.1% year-on-year in July, the Census & Statistics Department announced today.   The volume of goods imports for the month rose 19.5% over July 2020.   Prices of goods exports and imports increased 5.6% and 5.5% year-on-year for the month.   On a seasonally adjusted basis, the volume of goods exports fell 5.3% in the three-month period ending July compared with the preceding three months, while the volume of goods imports decreased 0.8%.   Comparing the first seven months of the year with the same period in 2020, the volume of goods exports rose 25.3%, while that of goods imports increased 22.7%.   Prices of goods exports for the period increased 3.4%, while that of goods imports rose 3.3%. http://dlvr.it/S7hMTp

April exports value up 24.4%

The value of Hong Kong's total goods exports increased to $384.9 billion in April, up 24.4% on the same month last year, the Census & Statistics Department announced today.   The value of imports of goods increased 25.2% to $416.7 billion for the same period.   A trade deficit of $31.8 billion, or 7.6% of the value of imports, was recorded for the month.   Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the value of exports rose 14.5%, while that of imports increased 8.6%.   The value of total merchandise trade for the first four months of the year was way higher than the previous high recorded in the same period in 2018, reflecting vibrant trading activities amid a sharp rebound in external demand, the Government said.   Looking ahead, the sustained revival of the global economy should continue to render support to Hong Kong's export performance in the near term.   However, the evolving pandemic situation and other risk factors such as China-US relations and geopolitical tensions still warrant attention, it added.
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