July saw the volume of total goods exports increase 11.6% on the same month last year while that of total goods imports rose 9.5%, the Census & Statistics Department says.
In the month, Hong Kong's goods re-exports increased 11% over July 2005, and that of domestic exports increased 20.8%.
Comparing the first seven months of 2006 with the same period in 2005, the volume of goods re-exports grew 9.3%, while that of domestic exports increased 30.2%.
The volume of total goods exports grew 10.4% while that of total goods imports increased 10%.
Comparing July 2006 with July 2005, the prices of goods re-exports rose 1.3%, while those of domestic exports fell 2.2%. The prices of total goods exports grew 1.1% while those of total goods imports were up 2.6%.
Domestic export prices fall
In the seven months ending July, the prices of goods re-exports grew 0.5% from a year earlier, while those of domestic exports fell 3.2%. The prices of total goods exports grew 0.3% while those of total goods imports were up 1.6%.
Compared with the same periods in 2005, the terms of trade index fell 1.4% in July 2006 and 1.3% in the first seven months of 2006.
Comparing July 2006 with July 2005, re-export prices of fuels rose 29.5%, of consumer goods, 3.3%, of foodstuffs, 0.8%, and of capital goods, 0.5%.
Clothing exports up
The volume of domestic exports of office machines & equipment rose 97.5%, and of clothing, 26.1%, while the volume of domestic exports of textiles fell 17.3% while those for electronic components fell 16.9%.
The import prices of fuels, raw materials and semi-manufactures, capital goods and foodstuffs increased 19.9%, 4.1%, 1.7% and 1.2%.