Hong Kong’s overall import and export values ​​both recorded year-on-year increases in January

　　China News Service, Hong Kong, February 27 (Xinhua) The Census and Statistics Department of the Hong Kong SAR Government announced on the 27th that the value of Hong Kong's overall exports and imports in January 2024 both recorded year-on-year increases, increasing by 33.6% and 21.7% respectively.

　　External merchandise trade statistics released by the Census and Statistics Department of the SAR Government on the same day showed that after recording a year-on-year increase of 11.0% in December last year, the overall value of merchandise exports in January this year was 388.7 billion yuan (Hong Kong dollars, the same below), which was 388.7 billion yuan (HKD, the same below) compared with the same month last year. up 33.6%.

　　At the same time, following the 11.6% year-on-year increase recorded in December last year, the value of merchandise imports in January this year was 385.1 billion yuan, an increase of 21.7% compared with the same month last year.

In January this year, a tangible trade surplus of NT$3.6 billion was recorded, equivalent to 0.9% of the value of imported goods.

　　Data show that compared with the same month last year, the overall value of exports to Asia increased by 45.7% in January this year.

Within this region, the overall export value to most major destinations recorded an increase, especially Mainland China, India, Malaysia, etc.

During the same period, the value of imported goods from most major supplying places recorded an increase, especially Thailand, the United States, and mainland China.

　　A spokesman for the SAR government said that the value of merchandise exports in January this year jumped from a very low comparison base last year, which was partly affected by the Lunar New Year. Therefore, after the February data is available, a combined analysis of the two will be able to more effectively assess the actual situation. Condition.

　　Looking forward, the spokesman believes that slow global economic growth and geopolitical factors will continue to affect Hong Kong's export performance in the short term.

The SAR Government will closely monitor the situation.

(over)