Total exports plunge 4.7% in October

Sadly, goods imports rose.

According to the Census & Statistics Department, the volume of total goods exports recorded a year-on-year decrease of 4.7% in October.

The volume of goods re-exports fell 4.6% over October last year, while that of domestic exports fell 10.4%. At the same time, the volume of goods imports rose 1.4%.

The prices of goods re-exports and domestic exports increased 2.2% in October over a year earlier. Taken together, total goods exports' prices rose 2.2%. Goods imports' prices increased 2.5%.

Comparing the first 10 months of 2012 with the same period last year, the volume of goods re-exports fell 2.2%, while that of domestic exports fell15.2%. Taken together, total goods exports' volume decreased 2.5%. Goods imports' volume also fell 0.6%.

During the first 10 months, goods re-exports' prices rose 3.9% over the same period last year, while those of domestic exports increased 2.4%. Taken together, total goods exports' prices rose 3.8%. Goods imports' prices increased 3.6%.