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HONG KONG, Jan. 27 (Xinhua)-- Hong Kong's Demographics as well as Stats Department (CSD) launched the external goods profession statistics Monday, according to which the worth of complete exports of items climbed by 3.6 percent in 2020 over 2019, and also the worth of imports of items boosted by 3.8 percent.

In a break down, the value of re-exports increased by 3.8 percent, whereas the value of domestic exports lowered by 7.6 percent. A noticeable profession shortage of 501 billion HK bucks (64.56 billion U.S. bucks), equal to 12.3 percent of the worth of imports of items, was tape-recorded in 2020.

In December alone, the worth of complete exports of products continued to be essentially unchanged from a year previously at 310.9 billion HK dollars, after a year-on-year boost of 5.8 percent in November. Of the overall, re-exports made up 306.3 billion HK bucks, up by 0.1 percent, whereas domestic exports lowered by 7.9 percent to 4.6 billion HK dollars.

The worth of imports of products enhanced by 1.8 percent over a year earlier to 365.2 billion HK bucks, after a year-on-year rise of 5.2 percent in November. Drilling Fluid Company of 54.4 billion, equivalent to 14.9 percent of the value of imports of items, was videotaped in the month.

In 2014, year-on-year boost was seen in the value of exports to some significant locations, with that said to Vietnam rising 15. 5 percent, that to Korea, up 9.0 percent, that to India, up 7.9 percent, and that to the Chinese landmass, up 4.9 percent.

However, the value of exports to Japan reduced by 6.1 percent, that to Germany fell 5.1 percent, which to Taiwan went down 4.3 percent.

Compared to 2012, the value of imports from the USA rose by 7.4 percent in 2015, that from China's Taiwan increased 6. 9 percent, that from India enhanced 6.7 percent, that from Thailand expanded by 6.4 percent, and that from the Chinese mainland inched up by 5.5 percent.

On the various other hand, the value of imports from Japan decreased by 8. 1 percent, and that from Switzerland contracted by 1.7 percent.

A spokesman for the Hong Kong government stated that the trading atmosphere is still dealing with various uncertainties, specifically the future path of the U.S. Federal Book's monetary policy and also its possible impacts on the emerging market economic climates, in addition to the unequal healing of the eurozone economy. He added the federal government will check the situation very closely.

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