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ECONOMY | Tony Chua, Hong Kong
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Hong Kong goods re-exports up 20.5%

In the first 2 months of 2011, the volume of total exports grew 19.9%, and the volume of imports rose 14%.

The volume of Hong Kong’s goods re-exports grew 20.5% in the first two months of the year, compared with the same period in 2010, while that of domestic exports fell 4.3%.

The Census & Statistics Department said, taken together, the volume of total exports grew 19.9%, and the volume of imports rose 14%.

The volume of Hong Kong’s goods re-exports grew 19.5% in February, year on year, while that of domestic exports fell 4.9%. Taken together, the volume of total exports rose 18.9%. Concurrently, the volume of imports increased 15.8%.

Comparing the three-month period ending February with the preceding three months on a seasonally adjusted basis, the volume of total exports rose 9.5%. Within this total, the volume of re-exports grew 9.6%, while that of domestic exports rose 6.1%. Concurrently, the volume of imports of goods rose 7.4%.

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