Hong Kong exports jump 32.1pc
Hong Kong's exports jumped 32.1 percent in March, official data showed Tuesday, as shipments returned to pre-financial crisis levels due to a strong rebound in regional trade.
The total value of shipments rose to 231.8 billion Hong Kong dollars (29.72 billion US) last month, the fifth consecutive month of year-on-year growth, according to the Census and Statistics Department.
The rise was led by exports to Asia, which grew 44.4 percent from a year ago. The strongest increases were registered for shipments to Malaysia, Korea, India, Thailand and mainland China, all of which were up about 50 percent.
The value of exports to destinations outside Asia, such as the Netherlands and the US, showed mild growth.
But the department recorded decreases in total shipments to some overseas countries, including the United Kingdom and Germany.
A government spokesman said that merchandise exports expanded strongly in March because of the vibrant resurgence of intra-Asia trade and the continued normalisation of global trade flows.
Comments