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Last updated at: (Beijing Time) Monday, October 27, 2003

HK foreign trade continues to increase in September

In September 2003, the values ofHong Kong's total exports and imports of goods continued to show year-on-year increase, Hong Kong government said Monday.


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In September 2003, the values ofHong Kong's total exports and imports of goods continued to show year-on-year increase, Hong Kong government said Monday.

The Census and Statistics Department of Hong Kong government shows that in the month, the value of total exports of goods (comprising re-exports and domestic exports) increased by 6.4 percent over a year earlier to 157.5 billion Hong Kong dollars (20.2 billion US dollars), after a year-on-year increase of 7.0 percent in August.

Within this total, the value of re-exports increased by 7.6 percent to 146.4 billion Hong Kong dollars (18.7 billion US dollars), but the value of domestic exports fell by 6.9 percent to11.1 billion Hong Kong dollars (1.4 billion US dollars), the figure said.

The value of imports rose by 7.3 percent over a year earlier to162.2 billion Hong Kong dollars (20.8 billion US dollars), after ayear-on-year increase of 6.0 percent in August, according to the department.

A visible trade deficit of 4.6 billion Hong Kong dollars (589.7million US dollars), equivalent to 2.9 percent of the value of imports of goods, was recorded in September 2003. This was greaterthan the corresponding deficit of 3.1 billion Hong Kong dollars (371.8 million US dollars), equivalent to 2.1 percent of the value of imports of goods, recorded in the same month in 2002, it said.




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