【Hong Kong’s Export Performance🆙】 According to the external merchandise trade statistics for June 2024 released today (July 25), the values of Hong Kong's total exports and imports of goods both recorded year-on-year increases, at 10.7% and 9.0% respectively. The value of merchandise exports continued to post double-digit growth in June 2024 over a year earlier. Exports to the Mainland, the United States and the European Union all grew visibly. Those to many other major Asian markets saw increases of varying degree. Find out more from the image🔎 For the first half of 2024 as a whole, the value of total exports of goods increased by 12.2% over the same period in 2023. Concurrently, the value of imports of goods increased by 7.7%. A visible trade deficit of $161.0 billion, equivalent to 6.9% of the value of imports of goods, was recorded. Looking ahead, Hong Kong's export performance should stay positive if external demand holds up, but the escalating geopolitical and trade tensions will continue to bring uncertainties. Press Release: bit.ly/3yd6wh2 #ExportPerformance #ExternalMerchandiseTradeStatistics