Hong Kong's re-exports up 3.6%

Here's what boosted this growth.

In a report, the Census & Statistics Department announced that the volume of Hong Kong's goods re-exports increased 3.6% year-on-year for November, while that of domestic exports dropped 10.4%.

Taken together, the volume of total goods exports increased 3.4%, while the volume of goods imports rose 4.8%.

Goods re-exports' prices rose 2.7% year-on-year, whereas those of domestic exports dipped 0.1%. Taken together, total goods exports' prices increased 2.6%. Concurrently, goods imports prices rose 1.7%.

Comparing the first 11 months of 2013 with the same period in 2012, Hong Kong's goods re-exports' volume increased 3.5%, whereas that of domestic exports dropped 9.6%. Taken together, total goods exports' volume increased 3.2%. Concurrently, the goods imports' volume rose 4.2%

During the same 11-month period, goods re-exports' prices increased 1.2%, while those of domestic exports increased 2.3%. Taken together, total goods exports' prices increased 1.2%. Concurrently, goods imports' prices rose 0.8%.

Comparing the three-month period ending November 2013 with the preceding three months on a seasonally-adjusted basis, total goods exports' volume increased 6.0%. Within this total, re-exports' volume rose 6.2%, whereas that of domestic exports dropped 4.5%. Concurrently, goods imports' volume increased 6.3%.