April saw the value of total exports of goods in Hong Kong rise to 212.6 billion HK dollars (27. 2 U.S. dollars), up 12.6 percent on the same month last year, official figures indicated Monday.

The figures came after a year-on-year rise of 6.9 percent in March, according to figures released by the Census and Statistics Department of the Hong Kong Special Administrative Region.

Within this total, the value of re-exports grew 14.3 percent to 204 billion HK dollars, while the value of domestic exports fell 16.1 percent to 8.6 billion HK dollars.

The value of imports of goods rose 14.7 percent to 233.2 billion HK dollars, after a year-on-year increase of 11.1 percent in March. A visible trade deficit of 20.6 billion HK dollars, equivalent to 8.8 percent of the value of imports of goods, was recorded in April.

For the first four months of the year, the value of total exports of goods rose 10 percent over the same period last year. Within this total, the value of re-exports grew 12.5 percent, while the value of domestic exports dropped 29.3 percent.

The department said the trade prospects in the near term will continue to hinge on the global economic situation, in particular the demand in the US. Also of crucial significance to Hong Kong's trade outlook is continued strength in the Mainland economy and its vibrant trade flow. (One U.S. dollar equals 7.813 HK dollars)

Source: Xinhua