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Tag: Hong Kong
Exports down 2.5-3% from Thailand
Thai National Shippers' Council predicts that exports this year will be down 2.5-3% on earlier expectations. They consider their currency value is too high against the dollar. The council saw no positive factors for exports but the negative factors included ...Read More
Swiss watch exports fall to Hong Kong
Watch exports from Switzerland to mainland China were greater than those to Hong Kong for the first time in October, as anti-Beijing protests in the city reduced demand for luxury goods. Exports to Hong Kong fell by 30 per cent ...Read More
Hong Kong exports fall 7.3 per cent in September
Hong Kong exports fell by 7.3 per cent in September compared with last year not helped by the US-China trade war. Exports dropped to HK$347.7 billion September. Imports slipped 10.3 per cent to HK$379.3 billion, according to the Census and ...Read More
Hong Kong exports drop 6.3
Hong Kong’s exports worsened in August, recording a 6.3 per cent year-on-year fall. Exports declined to US$44.9 billion while imports shrank 11.1 per cent, the Census and Statistics Department said last week. The export decline accelerated from the month of ...Read More
Hong Kong June Exports fall
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 ...Read More
Kiwifruit exports from Chile to Europe fall
The Far Eastern market seem to have become the leading importers for Chilean kiwifruit exports this season. There has been huge year-on-year drop in exports to Europe. Total exports so far are down 13%, according to the country's Kiwifruit Committee. ...Read More
Hong Kong’s exports and imports fall
Exports and imports of goods from and to Hong Kong both dropped in February compared with last year, official data showed. The value of total exports of goods fell by 6.9 percent in February, after a year-on-year decrease of 0.4 ...Read More
Pig meat exports from perform strongly
During November 2018, UK exports of fresh/frozen pork recorded year-on-year growth (+5%) once again. Exports to China have continued the trend of the past couple of months, with an increase of 81% year-on-year. Exports to Germany and Ireland also recorded ...Read More
Swiss watch exports on the rise
Swiss watch exports rose globally by 3.9% in November to CHF 2.06 billion. This is the first time in three years that export value exceeded the CHF2-billion. The value of exports to the biggest market, Hong Kong, rose 9.5% to ...Read More
Tags: China, exports, Hong Kong, Switzerland
Japanese cosmetic exports record
Exports of Japanese cosmetics delivered another record performance in 2018, according to a report published by the Nikkei Asian Review. Exports increased by 44 percent year-on-year in the Jan-Nov 2018 period. Nikkei estimated that the Christmas gift trade will boost ...Read More
UK food exports rise to record levels
UK food and drink exports have achieved record levels for the first half of 2018 at £10.6 billion, aided by a slight rise in exports of fresh produce. According to trade statistics from HMRC, in the first half of 2018 ...Read More
Swiss watch exports rise in April
Watch exports from Switzerland rose 13.8 percent in April to 1.76 billion Swiss francs ($1.77 billion), induced by a boom in the important Hong Kong export market. The news is welcomed by Swiss watchmakers. The Federation of the Swiss Watch ...Read More
Food from Finland exports purity
Finland’s food exports are growing quickly. In 2016 Finland exported 1.5 billion euros’ worth of foodstuffs, compared with 1.6 billion last year. The public research funding agency 'Business Finland' expects that to grow beyond 1.7 billion this year. An egg ...Read More
Japan’s cosmetics exports annual record
Japan's cosmetics exports jumped 39% in value in 2017, marking a fifth record year. Tourists visiting Japan create new devotees who continue to use the products long after returning home. The export value hovered around the 100 billion yen range ...Read More
Illegal Clothing imports to South Africa
Counterfeit clothing imports into South Africa has seen the domestic clothing and textile industry suffer tremendously. More recently the industry has also been hit by the import of second-hand clothing, which has become available for resale on the market. Customs ...Read More
Tags: China, Hong Kong, imports, South Africa
China makes mainland ports available for Hong Kong wine imports
The General Administration of Customs in China has announced that all of its ports are open to wine imports from Hong Kong. From 9 November, China has made all ports accessible for wine imports from Hong Kong,;this is expected to ...Read More
Hong Kong bans meat imports from firms in Brazil
Hong Kong has suspended imports from an exporter and two manufacturing plants in Brazil, after 200 tonnes of meat which they had produced as pet food were claimed to be fit for human consumption. The Centre for Food Safety revealed ...Read More
Guangdong in China imports most wines
China’s coastal province Guangdong, near to Hong Kong, remains the country’s biggest consumer of bottled wine imports. From January to June, the province imported US$437.3 million worth of bottled wines, surpassing US$332.2 million to Shanghai, although the latter had more ...Read More
Strong transpacific air freight demand
Shippers need to be prepared for expensive air charters on the transpacific route in the fourth quarter of the year. E-commerce sales and volcanic ash will begin to affect airline freight capacity. Freight forwarders and carriers are currently reporting record ...Read More
Tags: air freight, China, freight, Hong Kong, USA
Furnace closures in China increase scrap exports
The closure of dangerous induction furnaces in China has caused flows of displaced steel scrap exports to India, Japan, South Korea and Taiwan, despite the country’s 40% export duty. A delegate told the Bureau of International Recycling (BIR) conference in ...Read More
Swiss Watch Exports Break Record
Swiss watch exports rose for the first time in 21 months in March. This ended their longest slump on record. Shipments to Hong Kong pulled out of a two-year decline. Exports gained 7.5 percent to 1.6 billion francs ($1.6 billion), ...Read More
Hong Kong lifts ban on meat imports from Brazil
Hong Kong said last week that it has lifted a ban on the import of Brazilian meat. An investigation into corruption has hit exports from the world's top beef and poultry exporter. Meat exports fell by around a fifth the ...Read More
Scotch meat exports excel
SCOTTISH MEAT has made a great contribution to the country's record year of food and drink export growth. New figures released by the Scottish Government showed that total food and drink exports from Scotland grew by £421 million in 2016, ...Read More
Tags: exports, Hong Kong, Poland, South Africa
Brazil’s meat exports drop sharply
According to Brazil's Trade Ministry, the country's meat exports have dropped to $74,000 (68,500 euros), compared with the daily average of $63 million - a drop by 99.9 percent. Last week a police investigation showed the existence of a corrupt ...Read More
Exports up, revenue down for 2016-17 cherries from Chile
By the end of February, total exports were 17% higher, but total FOB returns were 28% down at US$444 million. The drop is revenue is due to the significantly lower unit price, which was US$4.70 per kilo on average – ...Read More
Swiss Watch Exports Drop for fifteenth month
Swiss watch exports are in their longest slump since monthly records began in 1988 after lower shipments to Hong Kong led a decline in September. Exports dropped 5.7 percent to 1.7 billion francs ($1.7 billion). “We’re seeing export data flatten ...Read More
Brexit uncertainty hits June imports of Swiss watches
Exports of Swiss watches to the UK fell by 26.1% fall in June. Uncertainty over the EU referendum had caused retailers and wholesalers to delay purchasing decisions. The subsequent fall in the value of the pound against the Swiss franc ...Read More
Hong Kong June exports fall for 14th month
Hong Kong's total exports in June fell for the 14th straight month, dampened by a slowdown in China. Hong Kong's total exports in June fell 1 percent from a year earlier to HK$296.5 billion ($38.2 billion), government data showed last ...Read More
Mango exports to start early
Pakistan started mango exports from May 20 this season, aiming to export 100,000 tons which is expected to fetch over $75 million, Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association (PFVA) said. PFVA Chairman Waheed Ahmed said the country ...Read More
Hong Kong bans Japanese poultry imports
Hong Kong is banning some imports of poultry from Japan, Israel and Nigeria, after the announcement of avian influenza outbreaks there. The latest ban covers imports of poultry, poultry products and eggs from Okayam prefecture in Japan, Haifa in Israel ...Read More
Hong Kong suspends chicken imports
Hong Kong began culling 15,000 chickens on Wednesday, and suspended imports of live poultry from mainland China for 21 days after the H7 bird flu strain was discovered in a batch of chickens from the southern province of Guangdong. Authorities ...Read More
Hong Kong record Australian wine imports
Hong Kong was one of the best performing export markets for Australia in the year ending September 2014 according to the latest Wine Export Approval Report September 2014. Singapore, Malaysia and Taiwan were among the strong Asian performers with Hong ...Read More
Swiss Watch Exports Remain Flat in August
Watch exports from Switzerland remained flat year on year at $1.569 billion (CHF 1.493 billion) in August, according to the Federation of the Swiss Watch Industry. The federation noted that August is one of the weakest months of the year ...Read More
Air Freight Good News
A four times weekly air freight service from Hong Kong to Paris to meet demand from French importers has been announced by a leading freight forwarding company. American Airlines and US Airways Cargo have produced May tonnage figures showing a ...Read More
Tags: China, France, freight, freight forwarding, Hong Kong
Hong Kong Rice Imports Increase
Hong Kong’s rice imports in 2013 have increased to around 339,000 tons, up about 9% from about 310,000 tons in 2012, according to the USDA Post. The Hong Kong rice import market has changed significantly since its full liberalization in ...Read More
Exports revive flat Champagne sales
Export demand is likely to drive Champagne sales over the coming decade as any consumption growth in France lags behind that in newer markets overseas, including Asia, the French region's trade association says. Mainland China and Hong Kong, while outside ...Read More
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