Hong Kong Machinery exports rose 20.8% in November 2011

Introduction: External merchandise trade statistics released by the Hong Kong Census and Statistics Department show that the value of Hong Kong's total exports and imports increased year-on-year in November 2011, with electric machinery, equipment and appliances and parts" (US$14.9 billion, up 20.8 %).

The external merchandise trade statistics released today (December 29) by the Census and Statistics Department show that Hong Kong’s overall export and import value recorded a year-on-year growth in November 2011, up 2.0% and 8.8 respectively. %.

Comparing November 2011 with the same month of 2010, the value of some major overall export product categories recorded an increase, in particular “electrical machinery, apparatus and equipment and parts” (US$14.9 billion, up 20.8%), “miscellaneous products ( It mainly includes baby strollers, toys, games and sports goods) (by US$2.9 billion, up 13.8%) and “non-metallic mineral products” (by US$2.5 billion, up 29.2%). However, the overall export product category with a decline in the value of goods included “communications, recording and sound equipment and instruments” (by US$5.7 billion, down 11.4%), “office machines and automatic data processing instruments” (by US$8.7 billion, down 28.7%) and "Clothing and Clothing Accessories" (US$1.1 billion, down 7.2%).

Over the same period, the value of some of the major categories of imported goods recorded an increase, in particular, “Electric Machinery, Apparatus and Appliances and Parts” (+11.4 billion US dollars, up 14.4%), “Miscellaneous products (mainly including baby carriages, toys, games and Sports goods)" (by 3.8 billion U.S. dollars, up 17.9%) and "Communications, recordings and audio equipment and instruments" (by 2.8 billion U.S. dollars, up 6.4%). However, the category of imports which recorded a decline in the value of goods included “office machines and automatic data processing equipment” (by US$5.5 billion, down 19.2%), “spinning, fabrics, manufactured goods and related products” (minus US$1 billion). , fell 12.3%) and "clothing and clothing accessories" (by $ 600 million, down 5.4%).

Comparing the first eleven months of 2011 with the same period in 2010, the value of most of the major global export product categories recorded an increase, especially “communications, recording and sound equipment and instruments” (by US$55.3 billion, up 11.9%). , “Office machines and automatic data processing equipment” (by US$42.5 billion, up 14.1%) and “Electrical machinery, instruments and appliances and parts” (by US$37.3 billion, up 4.7%).

Over the same period, the value of most of the major categories of imported goods also recorded an increase, especially "communications, recording and audio equipment and equipment" (by $68.1 billion, up 16.4%), "miscellaneous products (mainly including baby carriages, toys, Games and sports goods) (by US$45.6 billion, up 23.2%) and “Electrical machinery, instruments and appliances and parts” (by US$42 billion, up 4.7%).