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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

33 virus cases in restricted areas

The Government today announced that 33 COVID-19 cases were found in the compulsory testing exercises for the restricted areas in Diamond Hill and Tuen Mun.   It made restriction-testing declarations yesterday to cover Tower 3 of Grand View Garden in Diamond Hill and Yat Tin House of Yan Tin Estate in Tuen Mun, where 874 and about 1,120 people were tested.   A total of 23 positive cases were detected in the Diamond Hill building, while ten people in Yat Tin House tested positive for the virus.   The Centre for Health Protection will follow up on the cases.
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