Hong Kong Business News

香港商業資訊

MAY EXPORTS VALUE UP 14.8%

25-6-2024
gov_rss

The value of Hong Kong’s total exports increased to $375.9 billion in May, up 14.8% on the same month last year, the Census & Statistics Department announced today.

The value of imports of goods increased 9.6% to $388.1 billion in the same period.

A trade deficit of $12.1 billion, or 3.1% 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 rose 1.5%, while that of imports fell 1.7%.

The Government said the value of merchandise exports posed further double-digit growth in May from a year earlier. Exports to the Mainland and the US continued to rise notably, while those to the European Union turned to an increase. Those to many other major Asian markets also recorded growth.

Looking ahead, it added that Hong Kong’s export performance should stay positive if external demand holds up well, though geopolitical tensions will continue to bring uncertainties.



PREVIOUSNEXT

Latest Business News

最新商業資訊


Institutional green bonds issued  18-7-2024

gov_rss

The Government today announced the successful offering of approximately HK$25 billion worth of green bon...


Housing sale permitted in cultural hub  17-7-2024

gov_rss

The Chief Executive-in-Council yesterday conditionally approved the relaxation of the Enhanced Financial Arrangements for...


Stablecoin views released  17-7-2024

gov_rss

The Financial Services & the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) today jointly issued ...


Tapping ASEAN business potential  16-7-2024

gov_rss

Chief Executive John Lee will lead a delegation to visit Laos, Cambodia, and Vietnam later this month to promote Hong Kon...