Hong Kong exports down 14.5pc
Hong Kong exports plunged 14.5 percent year-on-year in May, but the rate of decline eased from April, showing some signs of recovery, government figures showed Thursday.
The total value of exports fell to 204.4 billion Hong Kong dollars (26.2 billion US), the Census and Statistics Department said in a statement.
Hong Kong's exports had plunged 18.2 percent year-on-year in April.
For the first five months of the year, the value of exports dropped 19.5 percent compared to 2008 as the global slowdown hit southern China's manufacturing heartland, which ships many of its products through Hong Kong.
Comments