Hong Kong's total goods exports dipped 1.9% in April

Imports crept up by 1.6%.

The volume of Hong Kong’s total goods exports dropped 1.9% year-on-year in April, while that of goods imports increased 1.6%, the Census & Statistics Department announced.

The volume of goods re-exports decreased 2.1%, while that of domestic exports increased 12.4%.

Comparing the three-month period ending in April with the preceding three months on a seasonally adjusted basis, the volume of total goods exports dropped 8%. Within this total, re-exports volume dropped 8.2%, while that of domestic exports rose 5.9%. Concurrently, goods imports volume decreased 5%.

Goods re-exports prices rose 1.5% year-on-year, while those of domestic exports fell 1.2%. Taken together, total goods exports prices increased 1.5%. Concurrently, goods imports prices rose 1.7%.