Hong Kong’s Census and Statistics Department has reported that total exports and imports of goods in November 2012 both showed year-over-year increases.
Exports in November increased 10.5 percent from 2011 to about US$39.7 billion (HK$307.8 billion), after a year-over-year decrease of 2.8 percent in October 2012. From January to November, exports were up 1.9 percent from the same period in 2011.
Imports in November rose 9.0 percent from the previous year to $45.4 billion, following a 3.3 percent year-over-year increase in October 2012. For the first 11 months of 2012, imports increased 3.2 percent from the same period in 2011.
The trade deficit was $5.7 billion in November and $55.5 billion from January to November.