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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

18 virus cases in restricted areas

The Government today announced that 18 COVID-19 cases were found in the compulsory testing exercises for the restricted areas in Tai Hang and Wong Tai Sin.   It made restriction-testing declarations yesterday to cover Lai Kit Lau of Lai Tak Tsuen in Tai Hang and Chi Mei House of Choi Hung Estate in Wong Tai Sin.   Fourteen positive cases were found in Lai Kit Lau where around 932 people were tested.   At Chi Mei House, 1,100 people underwent testing. Four of them tested positive for the virus and two indeterminate cases were found.   The Centre for Health Protection will follow up on the cases. 
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