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Apr exports value up 1.1%

The value of Hong Kong’s total goods exports increased to $389 billion in April, up 1.1% compared with the same month last year, the Census & Statistics Department announced today.   The value of imports of goods rose 2.1% to $425.6 billion for the same period.   A trade deficit of $36.6 billion, or 8.6% of the value of imports, was recorded for the month.   Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the value of total exports decreased 12% while that of imports fell 11.7%.   The Government said epidemic-induced transportation disruptions, though easing somewhat in the latter part of the month, continued to constrain export performance.   It pointed out that exports to the Mainland fell while those to the US and the European Union posted visible growth.   Looking ahead, the global economic outlook has worsened amid rampant inflation in some major economies and monetary policy tightening by respective cen

Govt to review entry restrictions

The Government will review whether stricter restrictions on people arriving in Hong Kong are warranted after a man who flew in from Dubai and completed a 21-day quarantine tested positive for COVID-19.   Secretary for Food & Health Prof Sophia Chan made the remarks today in response to media enquiries after attending a radio programme.   She noted that the Government had recently implemented the tightened commercial flight suspension mechanism to address the risk of importing mutant strains of COVID-19 from very high-risk places.   “Starting from April 14, we have already strengthened our suspension of flight mechanism. If we look at the past data, from March to now we have already suspended seven flights for 14 days from different countries.   “Therefore with this new mechanism, we envisage that we will be suspending more flights.”   Prof Chan added the Government will continue to review the situation in a timely manner.
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