Economics
Hong Kong January Exports Jump Most Since 1992 on Asia Boost
- Exports across Asia surge, led by trade with China, Taiwan
- Rebound in goods shipped to China spurring Hong Kong recovery
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Hong Kong exports soared the most since 1992 as trade picked up across Asia due to the timing of the Lunar New Year and a wider economic recovery on growing optimism about vaccines.
Exports climbed 44% from a year ago in January, better than the 30.5% median forecast among economists surveyed by Bloomberg. Imports also rose 37.7%, leaving a trade deficit of HK$25.2 billion ($3.9 billion), the government said Thursday.