Hong Kong's goods exports down 2.3% year-on-year

Volume of goods imports also dipped 3.9%.

The volume of Hong Kong’s total exports of goods decreased 2.3% year-on-year in January, while the volume of goods imports dropped 3.9%, the Census & Statistics Department announced.

The volume of goods re-exports decreased 2.3%, while that of domestic exports fell 8%.

Comparing the three months ending January with the same period last year, the volume of Hong Kong's goods re-exports increased 5.6%, while that of domestic exports decreased 3.5%. Taken together, the volume of total goods exports increased 5.5%.

Concurrently, the volume of goods imports increased 4.6%.

Comparing the three-month period ending January with the preceding three months on a seasonally adjusted basis, the volume of total goods exports increased 4.2%. Within this total, the volume of re-exports increased 4.3%, while that of domestic exports decreased 3.5%.

Concurrently, the volume of goods imports increased 3.1%.