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Hong Kong’s Exports Plunge Most Since Pandemic First Began

Hong Kong xxports plunged 14.3% last month.

Hong Kong xxports plunged 14.3% last month.

Photographer: Paul Yeung/Bloomberg

Hong Kong’s exports contracted the most since the pandemic first began in early 2020, as global demand eased and shipments with mainland China were disrupted.

Exports plunged 14.3% last month from a year earlier, the Census and Statistics Department said Monday, the biggest drop since January 2020 and the fourth consecutive month of decline. Economists surveyed by Bloomberg predicted a 9.7% drop.