Hong Kong's goods exports volume up 5.3%

Imports went up 7.8%.

The volume of Hong Kong's total goods exports increased 5.3% year-on-year in January and February, the Census & Statistics Department announced.

The volume of goods re-exports increased 5.4% compared to the same period last year, while that of domestic exports fell 4.9%. Concurrently, the volume of goods imports increased 7.8%.

Goods exports prices increased 1.6%, while goods imports prices rose 1.4%. Goods re-exports prices increased 1.5%, while domestic exports prices rose 2.3%.

The department said it is useful to analyse the trade figures for January and February together each year as the trade flows in these two months tend to show considerable volatility due to differences in timing of the Lunar New Year holiday.