HK jewellery exports up 23% in Feb
Hong Kong reported solid growth in jewellery exports in February on the back of sustained recovery in the global jewellery trade, data from the city’s Census and Statistics Bureau revealed.
Exports of jewellery, goldsmiths’ and silversmiths’ wares were up 22.7 percent year on year in February while January-February shipments increased by 20.8 percent compared to year-ago figures.
Jewellery imports also sustained their upward trend, registering a year-on-year growth of 20.5 percent in February and 28.3 percent during the first two months of 2021.
Overall exports of goods rose 37.6 percent, according to the bureau. Hong Kong said the sharp increase reflects more robust growth momentum alongside the revival of global trading and production activities.
“The strong growth of mainland China’s economy and improved economic situation in many advanced markets should render support to Hong Kong's exports of goods in the near term,” a spokesman was quoted as saying.
The government said it will continue to monitor developments on the coronavirus pandemic, and the evolving China-US relations and geopolitical tensions.
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