, Singapore

Total exports climbed 9% in April

As imports jumped 7.7%.

According to the Census & Statistics Department, the value of Hong Kong's total goods exports and imports rose 9% and 7.7% year-on-year in April.

The department said the value of total goods exports rose 9% over a year earlier to $290.3 billion. Within this total, re-exports' value grew 9.3% to $285.8 billion, while the value of domestic exports fell 4.7% to $4.5 billion.

Concurrently, the value of goods imports increased 7.7% year-on-year to $333 billion. A visible trade deficit of $42.7 billion, equivalent to 12.8% of the value of goods imports, was recorded in the month.

For the first four months as a whole, the value of total goods exports rose 5.3% over the same period in 2012. Within this total, the value of re-exports increased 5.4%, while the value of domestic exports fell 1.9%.

Concurrently, the value of goods imports increased 5.6%. A visible trade deficit of $152.9 billion, equivalent to 12.2% of the value of goods imports, was recorded.

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