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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

16 virus cases in restricted area

The Government today announced that 16 COVID-19 cases were found in the compulsory testing exercise for the restricted area in Kwai Chung.   It made a restriction-testing declaration yesterday to cover Shek Fu House of Shek Lei (II) Estate, where around 1,510 people were tested.   A total of 16 positive cases were detected.   The Centre for Health Protection will follow up on the cases.
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