NOV EXPORTS VALUE UP 7.4%

28-12-2023

gov_rss

The value of Hong Kong’s total exports increased to $386.6 billion in November, up 7.4% on the same month last year, the Census & Statistics Department announced today.

The value of goods imports increased 7.1% to $414.6 billion for the same period.

A trade deficit of $27.9 billion, or 6.7% of the value of imports, was recorded for November.

Comparing the three-month period ending November with the preceding three months on a seasonally adjusted basis, the value of goods exported rose 5.1%, while that of goods imported increased 5.5%.

The Government noted that the value of merchandise exports recorded a year-on-year increase due to a low comparison base. Exports to the Mainland rose, those to the US grew modestly, while those to the European Union fell visibly. Exports to other major Asian markets saw a mixed performance.

Looking ahead, it added that the challenging external environment will continue to weigh on Hong Kong’s export performance in the near term.




PREVIOUSNEXT

Latest Business News

最新商業資訊


Kevin Yeung views artworks  20-4-2024

gov_rss

Secretary for Culture, Sports & Tourism Kevin Yeung today visited Ambassador for Cultural Promotion Xu Bing's art exh...


Market access measures welcomed  19-4-2024

gov_rss

The Hong Kong Special Administrative Region Government warmly welcomed the measures announced by the China Securities Reg...


HK can help mainland firms thrive: FS  19-4-2024

gov_rss

Financial Secretary Paul Chan concluded his trip to Suzhou today by visiting an enterprise that engages in in hydrogen po...


Chinese culture festival set  18-4-2024

gov_rss

The inaugural Chinese Culture Festival (CCF) will be held from June to September, presenting various performing ar...