The volume of Hong Kong’s total goods exports recorded a year-on-year increase of 19.2% in May, the Census and Statistics Department of Hong Kong said Tuesday.

According to the department, the volume of Hong Kong’s goods re- exports rose 19.3% over a year earlier, while that of domestic exports rose 14.5%. Concurrently, the volume of goods imports increased 22.7%

The prices of goods re-exports during the month rose 4% over a year earlier, while those of domestic exports increased 6%. Taken together, the prices of total goods exports increased 4.1%. Concurrently, the prices of goods imports rose 6.8%.

Comparing the first five months of this year with the same period in Y 2009, the volume of goods re-exports grew 21.1%, while that of domestic exports increased 16.4%. Taken together, the volume of total goods exports increased 21%. The volume of goods imports rose 27.2%. —Paul A. Ebeling, Jnr. www.livetradingnews.com

Posted by Shayne Heffernan on Jul 21st, 2010and filed underAsia, Equities, Latest News, Markets, News & Events.You can follow any responses to this entry through theRSS 2.0You can leave a response by filling following comment form or trackback to this entry from your site