Testimonials

Excellent China import service received from R W Freight

China Full Load Importer
78032

RW Freight always deliver our Swedish cargo on time. We have used them once and will be using them again.

Sweden Groupage Importer
89813

Never have any issues since I've been using RW Freight for my Swedish imports

Swedish Import Freight
69394

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

Hong Kong June Exports fall

Tags: , , ,


Hong Kong’s exports fell more drastically than expected in June. Exports declined in June to HK$309.6 billion ($39.6 billion), a reduction of9% from year-ago figures, according to Hong Kong government statistics. This is the worst result since 2016. Imports also fell by 7.5% in June.

Hong Kong is feeling the impact of the trade war, because of its role as a key conduit between China and U.S trade. A prolonged U.S.-China trade dispute, with a slowing Chinese economy, and sluggish global demand does not give much reason to expect a recovery in trade soon.