Hong Kong’s volume of goods exports up 23.1%

Volume of goods imports increased higher than volume of total goods exports by 5.3 percentage points.

The volume of total goods exports recorded a year-on-year increase of 23.1% in June.

The Census & Statistics Department on Thursday said the volume of goods re-exports grew 23% over a year earlier, while that of domestic exports rose 28.6%. Concurrently, the volume of goods imports increased 24.1%.

The price of goods re-exports during the month rose 3.7% over a year earlier, while that of domestic exports grew 6.7%. Taken together, the price of total goods exports increased 3.8%. The price of goods imports rose 6.8%, according to a government report.

Comparing the first half of 2010 with the same period last year, the volume of goods re-exports grew 21.4%, while that of domestic exports increased 18.5%. Taken together the volume of total goods exports rose 21.4%. The volume of goods imports increased 26.7%.

During the first half of 2010 the price of goods re-exports rose 3.4% over a year earlier, while that of domestic exports increased 4.7% - thus the price of total goods exports grew 3.4%. The price of goods imports increased 5.2%.