Hong Kong’s Census and Statistics Department today reported that the volume of goods exports dropped 4.7 percent in October, although the volume of goods imports rose 1.4 percent from October 2011.
The prices of exports of goods in October were up 2.2 percent year-over-year, and the prices of imports of goods increased 2.5 percent.
In the first 10 months of 2012, exports decreased by 2.5 percent and imports fell by 0.6 percent, compared with the same period last year. From January to October, the prices of exports of goods increased by 3.8 percent and the prices of imports of goods increased by 3.6 percent from 2011.
Exports to Japan, Germany, Taiwan, the U.S. and mainland China all decreased year-over-year in October, and export prices to those locations increased.