May exports up 15.9%

2018-06-28 09:03:48

The value of Hong Kong's total exports of goods rose to $351.4 billion in May, up 15.9% on the same month last year, the Census & Statistics Department announced today.

It followed an increase of 8.1% in April.

The value of imports jumped 16.5% to $394.6 billion for May, after a year-on-year increase of 11.1% in April.

A trade deficit of $43.2 billion, or 11% of the value of imports, was recorded in May.

Comparing the three-month period ending May with the preceding three months on a seasonally adjusted basis, the value of exports increased 3.5%, while that of imports rose 4%.

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