In June 2007, the volume of Hong Kong's re-exports of goods increased by 12.8% over June 2006, whereas that of domestic exports fell by 19.7%. Taken together, the volume of total exports of goods increased by 10.9%. Concurrently, the volume of imports of goods increased by 12.8%.
Comparing the first half of 2007 with the same period in 2006, the volume of Hong Kong's re-exports of goods rose by 11.9%, whereas that of domestic exports dropped significantly, by 26.4%. Taken together, the volume of total exports of goods grew by 9.6%. Concurrently, the volume of imports of goods increased by 10.6%.
Comparing the second quarter of 2007 with the preceding quarter on a seasonally adjusted basis, the volume of total exports of goods increased by 1.9%. Within this total, the volume of re-exports increased by 1.5%, and that of domestic exports increased by 12.3%. Concurrently, the volume of imports of goods increased by 3.6%.
Changes in volume of external merchandise trade are derived from changes in external merchandise trade value with the effect of price changes discounted.
Comparing June 2007 with June 2006, the prices of re-exports of goods increased by 1.9%, while those of domestic exports increased by 0.4%. Taken together, the prices of total exports of goods increased by 1.8%. Concurrently, the prices of imports of goods increased by 1.4%.
As regards price changes in the first half of 2007 over the same period in 2006, the prices of re-exports of goods increased by 2.4%, while those of domestic exports increased by 0.5%. Taken together, the prices of total exports of goods increased by 2.3%. Concurrently, the prices of imports of goods increased by 2.2%.
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