Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
According to the statistics on foreign trade in goods released by the Statistics Office of the Hong Kong Special Administrative Region on September 25, Hong Kong's total export value increased by 14.5% year-on-year in August, marking the 18th consecutive month of growth, with the growth rate accelerating by 0.2 percentage points compared with July.
Statistics show that Hong Kong's import volume increased by 11.5% year-on-year in August, rising for the eighth consecutive month. A trade deficit of HK$25.4 billion was recorded in August. For the first eight months of this year, Hong Kong's foreign trade turnover increased by 13% year-on-year, with a trade deficit of HK$243.3 billion.
A Hong Kong Special Administrative Region (HKSAR) government spokesperson stated that Hong Kong's export volumes continued to grow in August. Exports to mainland China and most other Asian markets continued to grow steadily, with exports to the US and EU also increasing. Furthermore, exports of most key commodities also increased, with positive results seen in the electrical appliances, equipment, and mechanical devices industries.
According to the spokesperson, robust economic growth in Asia, particularly in mainland China, as well as Hong Kong's growing economic and trade ties with various markets, will continue to support Hong Kong's merchandise trade performance. However, US trade policy will continue to impact short-term prospects for international trade flows, and the Hong Kong Special Administrative Region (HKSAR) government therefore remains vigilant.
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