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Goods exports of HK up 7.3 pct in August
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The volume of total goods exports rose 7.3 percent on a year earlier while goods imports climbed 10.2 percent in August this year, the Census and Statistics Department of Hong Kong said on Tuesday.

 

The volume of Hong Kong's goods re-exports went up 9.3 percent in August while that of domestic exports fell 25.9 percent.

 

Comparing this year's first eight months over a year earlier, the volume of total goods exports went up 9.1 percent and the volume of goods imports rose by 10.5 percent.

 

For the quarter ending August, the volume of total goods exports increased 3.5 percent on the preceding three months. Within this total, the volume of re-exports went up 4 percent and that of domestic exports fell 6.8 percent. The volume of goods imports grew 1.7 percent.

 

In August, the total export volume to the Chinese mainland rose 12.1 percent over a year earlier. The total export volume to Germany, the United States, Japan and the UK fell 0.4 percent, 4.2 percent, 6.4 percent and 12.7 percent, respectively.

 

Double-digit growth was recorded for the import volume from Singapore (up 20.6 percent), the United States (up 11.3 percent) and the Chinese mainland (up 10.2 percent). The import volume from China's Taiwan and Japan also grew 6.5 percent and 5.8 percent respectively.

 

The import prices from all main suppliers increased, with Taiwan up 3.6 percent, the United States up 3 percent, the Chinese mainland up 1.7 percent, Singapore up 1.1 percent and Japan up 0.3 percent.

 

(Xinhua News Agency October 17, 2007)

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