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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

2 virus cases in Tseung Kwan O

The Government today announced that two positive and one indeterminate COVID-19 cases were found in the compulsory testing exercise for the restricted area in Tseung Kwan O.   It made a restriction-testing declaration yesterday to cover Block 4 of Serenity Place where about 790 people were tested.   Government staff also visited 328 households there and will follow up with those who did not answer the door.
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