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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

HK probes 1.4k COVID-19 cases

The Centre for Health Protection today said it is investigating 1,407 additional COVID-19 cases, of which 13 are imported and the rest are locally infected.   Among the new cases, 698 were detected by nucleic acid tests while 709 were identified via rapid antigen tests.   More than 1.17 million people have contracted the virus since the onset of the fifth wave of the epidemic, involving 8,614 deaths.     This afternoon, the Government made restriction-testing declarations to cover Hei Lai House of Wah Lai Estate in Kwai Chung and Shui Fung House of Tin Shui (II) Estate in Tin Shui Wai, citing the viral load in sewage, information of relevant positive cases and other circumstantial factors.   People in the restricted areas must undergo compulsory testing before the specified deadline.   For information and health advice on COVID-19, visit the Government’s dedicated webpage.
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