The value of Hong Kong's total exports and imports of goods both showed significant year-on-year increases in July, at 23.3 percent and 24.9 percent respectively, the city's Census and Statistics Department said Thursday. Hong Kong's total exports of goods, comprising re-exports and domestic exports, increased by 23.3 percent over a year earlier to 261.8 billion HK dollars (33.7 billion U.S. dollars), after a year- on-year rise of 26.7 percent in June, it said. The value of re-exports in July rose 23.5 percent to 255.8 billion HK dollars, while the value of domestic exports grew by 16. 4 percent to 6 billion HK dollars. The value of imports of goods last month rose 24.9 percent over a year earlier to 292.3 billion HK dollars, after a year-on-year increase of 31 percent in June, said the department. A visible trade deficit of 30.5 billion HK dollars, equivalent to 10.4 percent of the value of imports of goods, was recorded in July. During the first seven months of the year, the value of total exports of goods rose by 24.8 percent over the same period last year, while the value of imports of goods increased by 30.8 percent. A trade deficit of 209.4 billion HK dollars, equivalent to 11.2 percent of the value of imports of goods, was therefore recorded in the first seven months, it added. (1 U.S. dollar equals 7.777 HK dollars) (Editor's admin) |