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Hong Kong Q3 domestic exports fall sharply

(Xinhua)
Updated: 2009-11-07 14:03

Hong Kong recorded sharp falls in the value of its domestic exports in the third quarter, the Census and Statistics Department of the Hong Kong special administrative region government said Friday.

The apparel industry suffered the most, with the value of exports falling 84.7 percent year on year to HK$1.1 billion ($142 million).

Related readings:  HK export volume down 14.1% in Aug  China's Sept export up 11.8% month-on-month  Strong trade figures export new optimism  Expert says China must change its export-dependent strategy

The basic metals industry trailed with a fall of 49.1 percent, followed by the paper and paper products, and printing and reproduction of recorded media industry. The chemicals and chemical products industry was also one of the biggest losers.

The computer, electronic and optical products industry saw a fall of 8.8 percent in the value of domestics exports to HK$3.4 billion ($439 million), suffering the least among the five leading industries in terms of exports volume.

The above five industries together accounted for 60 percent of Hong Kong's total domestics exports, or the exports of goods produced or manufactured in Hong Kong.