Hong Kong Exports Continue Growth In June

Robust global economic growth, particularly in the U.S. and China, pushed Hong Kong exports up 12.6% to 189.5 billion dollars (US$24.30 billion) in June after a gain of 16.9% in May, official figures showed July 26.

Re-exports, mostly goods trans-shipped from China, rose 14.1% to 179.4 billion dollars in June as domestic exports fell 8.6% to 10.1 billion dollars.

Imports grew 10.5% to 196.5 billion dollars compared with a rise of 16% in May.

For the first half of 2005, exports rose 11.6% with re-exports up 12.8% and imports up 9.1%.

A government spokesman said exports rose markedly in June and there were across-the-board increases in nearly all markets, with double-digit growth in shipments to China, Japan, Taiwan and some European countries.

Copyright Agence France-Presse, 2005

TAGS: Trade
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