Hong Kong Economic and Trade Office, USA
Hong Kong
News Release



Volume and price statistics of external merchandise trade in
November 2019

 



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Wing Yan Tong in San Francisco: (415) 835 9315

Daniel McAtee in Washington, D.C.: (202) 238 6360




January 16, 2020 - Further to the external merchandise trade statistics in value terms for November 2019 released earlier on, the Census and Statistics Department of the Hong Kong Special Administrative Region Government released today the volume and price statistics of external merchandise trade for that month.

In November 2019, the volume of Hong Kong’s total exports of goods decreased by 1.3% over November 2018. Concurrently, the volume of imports of goods decreased by 5.9%.

Comparing the first eleven months of 2019 with the same period in 2018, the volume of Hong Kong's total exports of goods decreased by 5.8%. Concurrently, the volume of imports of goods decreased by 8.1%.

Comparing the three-month period ending November 2019 with the preceding three months on a seasonally adjusted basis, the volume of total exports of goods increased by 1.2%. On the other hand, the volume of imports of goods decreased by 1.7%.

Changes in volume of external merchandise trade are derived from changes in external merchandise trade value with the effect of price changes discounted.

Comparing November 2019 with November 2018, the prices of total exports of goods decreased by 0.2%. On the other hand, the prices of imports of goods increased by 0.1%.

As regards price changes in the first eleven months of 2019 over the same period in 2018, the prices of total exports of goods and imports of goods both increased by 1.3%.

Price changes in external merchandise trade are reflected by changes in unit value indices of external merchandise trade, which are compiled based on average unit values or, for certain commodities, specific price data.


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