Hong Kong exports rise 26.1% in June

Its total imports also went up 25.6% in the same month.

The volume of total exports of goods rose by 26.1% in June, whilst imports increased 25.6%, the Census and Statistics Department reported.

For the first half, total exports and imports increased by 26.2% and 23.3%, respectively. However, in the second quarter alone, exports dropped by 5.5% and imports were down 1.4%. 

In particular, double-digit increases were recorded for the total export volume to Taiwan (32.5%), Mainland China (26.2%), Japan (22.8%), the US (21.4%), and India (17.6%).

On the other hand, for the import volume, double-digit increases were also recorded from Korea (40.7%), Singapore (38.6%), Mainland China (27.8%), Taiwan (25.2%), and Japan (18.2%).

The prices of total exports of goods and imports of goods increased by 3% and 2.9%, respectively, in the first half of 2021 against the same period in 2020.

The total export prices to Taiwan (8.4%), the Mainland (7.9%), India (4.8%), and Japan (0.1%) increased; but the total export prices to the US decreased by 0.5%.

Over the same period of comparison, the import prices from all main suppliers increased: Taiwan (12.6%), Singapore (12.4%), Korea (11.3%), the Mainland (3.7%), and Japan (1.2%).