Exports and imports fall from January to May

The volume of Hong Kong's goods re-exports fell 3.3% while that of domestic exports fell 24%.

The volume of Hong Kong's goods re-exports fell 3.3% while that of domestic exports fell 24% from January to May compared to the same period last year, said the Census & Statistics Department. Taken together, the volume of total goods exports dropped 3.7%. The volume of goods imports dropped 2.1%.

In the same period, the prices of Hong Kong's goods re-exports rose 5.4% while those of domestic exports increased 3.1%. The prices of total goods exports rose 5.4%. Concurrently, the prices of goods imports increased 4.7%.

The volume of domestic exports fell 16.2% in May year-on-year while goods re-exports rose 1.7%. As a whole, however, the volume of total goods exports rose 1.3% and the volume of goods imports rose 0.7%.

The prices of Hong Kong's goods re-exports increased 4.1% while those of domestic exports rose 2.7%. The prices of total goods exports increased 4% in total. Concurrently, the prices of goods imports rose 4.3%.