The values of Hong Kong's total exports and imports of goods increased in April year-over-year at 9.0 percent and 7.7 percent, respectively, according to the report released by the Hong Kong Census and Statistics Department in May.
For the first four months of 2013, the value of total exports of goods rose 5.3 percent year-over-year. Concurrently, the value of imports of goods increased 5.6 percent. A visible trade deficit of $152.9 billion, equivalent to 12.2 percent of the value of imports of goods, was recorded in the first four months of 2013.
A government spokesman noted that the value of merchandise exports saw some appreciable year-over-year growth in April, though slightly decelerated from that in March. Exports to many Asian economies grew by varying extents, yet those to the major advanced economies in the U.S., Europe and Japan remained distinctly weak.