Hong Kong total exports of goods up 13.9% in October

20:37, November 25, 2010      

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The Census and Statistics Department of Hong Kong announced Thursday that the values of Hong Kong's total exports and imports of goods in October increased by 13.9 percent and 14 percent respectively year-on-year.

In October, the value of total exports of goods increased by 13. 9 percent over a year earlier to 274.2 billion HK dollars (about 35.34 billion U.S. dollars), after a year-on-year increase of 24.1 percent in September.

Within this total, the value of re-exports increased by 13.9 percent to 268.2 billion HK dollars in October, while the value of domestic exports increased by 11.2 percent to 6 billion HK dollars.

Concurrently, the value of imports of goods increased by 14 percent over a year earlier to 296.4 billion HK dollars in October, after a year-on-year increase of 19.5 percent in September.

A visible trade deficit of 22.3 billion HK dollars, equivalent to 7.5 percent of the value of imports of goods, was recorded in October. (one U.S. dollar is equivalent to 7.759 HK dollars)



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