Tuesday 7 April 2020
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scmp - 12 days ago

Coronavirus: Hong Kong exports slump 12 per cent in first two months of year

The coronavirus pandemic has wreaked havoc on Hong Kong trade, with exports plunging 12 per cent year on year in the first two months of 2020. The Census and Statistics Department revealed on Thursday that imports slumped 9.3 per cent, which resulted in a visible trade deficit of HK$69.1 billion in the two-month period. Exports in February rose 4.3 per cent to HK$238.6 billion while imports edged down 0.1 per cent to HK$277.1 billion, but the department said the performance was distorted by…

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