Sunday, September 27, 2009

Hong Kong`s total exports value falls 13.9% in August

Hong Kong (ANTARA News/Asia Pulse) - The value of Hong Kong's total exports and imports in August fell 13.9 per cent and 9.8 per cent over the same period last year, the Census and Statistics Department said Thursday.

The value of total exports fell 13.9 per cent to 213.3 billion HK dollars (US$27.5 billion), after a year-on-year drop of 19.9 per cent in July, with the value of re-exports down 13.2 per cent to 208.3 billion HK dollars and the value of domestic exports declining 37.3 per cent to 5 billion HK dollars.

The value of imports dropped 9.8 per cent over a year earlier to 235.1 billion HK dollars. A visible trade deficit of 21.8 billion HK dollars, equivalent to 9.3 per cent of the value of imports, was recorded.

In the first eight months of this year the value of total exports dropped 17.2 per cent over the same period last year, with the value of re-exports falling 16.3 per cent and the value of domestic exports dropping 41.5 per cent. The value of imports fell 17.4 per cent.

Source:
Business in Asia Today - Sept 25, 2009
published by Asia Pulse
News quoted by ANTARA

No comments:

Post a Comment

Leave your comment here!

Related Posts with Thumbnails
Quote of the Day

Today's Birthday