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Apr exports value down 13%

The value of Hong Kong's total exports decreased to $338.3 billion in April, down 13% on the same month last year, the Census & Statistics Department announced today.   The value of imports of goods decreased 11.9% to $374.9 billion for the same period.   A trade deficit of $36.6 billion, or 9.8% of the value of imports, was recorded in April.   Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the value of exports rose 15.4%, while that of imports increased 10.7%.   The Government noted that the value of merchandise exports declined further from a year earlier in April. Exports to the Mainland, the US and the European Union all shrank and exports to other major Asian markets recorded decreases of varying degrees.   Looking ahead, it added that the weakness in the advanced economies will continue to weigh on Hong Kong's export performance, though the expected faster recovery of the Mainland economy should

No new COVID-19 cases reported

The Centre for Health Protection said no new confirmed cases of COVID-19 have been recorded as of 12am, July 12, leaving the number of confirmed cases in Hong Kong at 11,951 so far.   A total of 34 cases were reported in Hong Kong in the past 14 days, including one import-related case and one local case with unknown sources.   For information and health advice on COVID-19, visit the Government's dedicated webpage.
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