- Total volume of exports of goods and imports of goods increased by 13.1% and 9.1%, respectively, in October 2021 versus the year-ago level
- Prices of total exports of goods and imports of goods increased by 7.8% and 8.2%, respectively, in October 2021 year-on-year
Hong Kong’s total volume of exports of goods increased by 13.1% and imports of goods rose by 9.1% in October 2021 from October 2020, according to government statistics.
In the first 10 months of 2021 the volume of total exports of goods and imports of goods increased by 21.3% and 20.1%, respectively, compared with the same period in 2020, the Census and Statistics Department said in a new release.
The prices of total exports of goods and imports of goods increased by 7.8% and 8.2%, respectively, in October 2021 year-on-year.
In the first ten months of the year, the prices of total exports of goods and imports of goods increased by 4.5% and 4.6%, respectively.
Related read: Hong Kong exports post robust growth in Oct
By major export destination, double-digit increases were recorded in October for the total export volume to Taiwan (31.6%), India (28.5%), US (19.0%) and China (10.2%) from the same period a year ago. Concurrently, the total export volume to Japan also increased by 2.5%.
Total export prices to all main destinations increased in October from the year-ago levels: Taiwan (13.4%), China (10.5%), India (5.0%), US (2.5%) and Japan (1.3%).
In terms of import partners, double-digit increases were recorded for the import volume from China (15.4%) and Taiwan (13.2%) in October 2021 as against October 2020. Concurrently, the import volume from Singapore (5.4%), Korea (4.2%) and Japan (3.8%) also increased.
The import prices from all main suppliers increased: Taiwan (15.4%), Korea (13.9%), Singapore (9.9%), China (9.3%) and Japan (3.3%) over the same period of comparison.
Photo by S 0524
