Volume of re-exports of goods increases by 13% in April 2007

15 Jun '07

3 min read

Further to the external merchandise trade statistics in value terms for April 2007 released earlier on, the Census and Statistics Department (C&SD) released June 15 the volume and price statistics of external merchandise trade for that month.

In April 2007, the volume of Hong Kong's re-exports of goods increased by 13.0% over April 2006, whereas that of domestic exports fell by 17.6%. Taken together, the volume of total exports of goods increased by 11.3%. Concurrently, the volume of imports of goods increased by 14.0%.

Comparing the first four months of 2007 with the same period in 2006, the volume of Hong Kong's re-exports of goods rose by 11.2%, whereas that of domestic exports decreased significantly, by 29.7%. Taken together, the volume of total exports of goods increased by 8.7%. Concurrently, the volume of imports of goods increased by 9.9%.

Comparing the three-month period ending April 2007 with the preceding three months on a seasonally adjusted basis, the volume of total exports of goods increased by 5.7%. Within this total, the volume of re-exports increased by 5.3%, while that of domestic exports increased by 15.0%. Concurrently, the volume of imports of goods increased by 8.1%.

Changes in volume of external merchandise trade are derived from changes in external merchandise trade value with the effect of price changes discounted.

Comparing April 2007 with April 2006, the prices of re-exports of goods increased by 2.3%, while those of domestic exports increased by 0.7%. Taken together, the prices of total exports of goods increased by 2.2%. Concurrently, the prices of imports of goods increased by 2.4%.

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