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Volume of total exports of goods up in Jan

19 Mar '07
3 min read

Price changes in external merchandise trade are reflected by changes in unit value indices of external merchandise trade which are compiled based on average unit values or, for certain commodities, specific price data.

The terms of trade index is derived from the ratio of price index of total exports of goods to that of imports of goods. Compared with the same periods in 2006, the index was virtually unchanged in January 2007.

• Changes in the value, unit value and volume of total exports of goods by main destination are shown.
• In January 2007, the total export volume to the mainland of China (the Mainland) increased by 19.9% over January 2006.
• The total export volume to the United Kingdom decreased by 1.4% in January 2007 over January 2006.
• In January 2007, the volume of total exports to Germany decreased by 4.5% over January 2006.
• Over the same periods of comparison, the total export volume to Japan and USA decreased by 4.9% and 5.2% respectively.

Comparing January 2007 with January 2006, the total export prices to all destinations increased: Germany (+2.9%), the Mainland (+2.9%), USA (+2.4%), the United Kingdom (+2.2%) and Japan (+1.5%).

• Changes in the value, unit value and volume of imports of goods by main supplier are shown.
• Comparing January 2007 with January 2006, the import volume from USA increased significantly, by 37.1%. • The import volume from Japan increased by 20.4% in January 2007 over January 2006. • In January 2007, the import volume from Singapore increased by 14.2% over January 2006.

Over the same periods of comparison, the import volume from the Mainland increased by 11.7%, while that from Taiwan decreased by 6.1%. Comparing January 2007 with January 2006, the import prices from Taiwan, the Mainland, USA and Japan increased by 7.6%, 2.8%, 1.7% and 0.9% respectively. On the other hand, the import price from Singapore decreased by 0.9%.

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Census and Statistics Department, Hong Kong

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