Home / Knowledge / News / Hong Kong's foreign trade rises in June
Hong Kong's foreign trade rises in June
04
Aug '11
Hong Kong's foreign trade has risen in the month of June, the Hong Kong Department of Census and Statistics has announced.

During the month, Hong Kong's total exports increased to 292.2 billion Yuan, showing a year-on-year rise of 9.2 percent. The majority of exports were re-exports which grew by 9.6 percent to 286.7 billion Yuan. Domestic exports, however, fell to 5.6 billion Yuan, a decrease of 5.8 percent.

The total value of imports during the month stood at 332.5 billion Yuan, which is an increase of 11.5 percent year-on-year. Thus, the Special Administrative Region (SAR) registered a trade deficit of 40.3 billion Yuan during June 2011, which equals 12.1 percent of the value of goods imported.

In the first six months of the current year, value of the total goods exported by Hong Kong registered a year-on-year increase of 15.4 percent. While re-exports grew 15.6 percent, exports of locally produced goods rose 6.2 percent.

The value of goods imported by Hong Kong grew 15 percent compared to the corresponding period of last year. The SAR recorded a deficit of 200.4 billion Yuan during January-June period, which equals 11 percent of the value of imports.

In the second quarter of 2011, the value of total exports declined 9.4 percent year-on-year, after making seasonal adjustment. While the value of re-exports decreased 9.4 percent, the value of exports of domestically manufactured goods also fell 10.4 percent. The value of imports also fell 4.2 percent during the same period.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Messe Frankfurt

Textiles | On 24th Mar 2017

Over 3341 exhibitors participate in Intertextile Shanghai

More than 3,341 exhibitors from 26 countries and regions participated ...

Courtesy: Bebe

Apparel/Garments | On 24th Mar 2017

Bebe Stores exploring strategic alternatives

Bebe Stores has announced that its board of directors is exploring...

Apparel/Garments | On 24th Mar 2017

Tiruppur garment cluster hopeful of meeting export target

The Tirupur garment cluster is hopeful of meeting its target of...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search