Hong Kongs export in December last year has fallen by nearly 370 years year -on

Hong Kong's exports in December last year fell 28.9%year -on -year, the largest decline since the 1950s.NotAccording to data from the Hong Kong Government News Network and Bloomberg, the data released by the Government Statistics Office on Thursday (January 26) showed that Hong Kong's exports in December last year were 348.1 billion yuan (Hong Kong dollars, the same below, the same, 58.312 billion yuan), a year -on -year decrease of 28.9%.The decline has further expanded from November, and it is far inferior to the decline of 23.4%from economists.The import was 399.7 billion yuan, a year -on -year decrease of 23.5%, the largest decline since the global financial crisis in 2008.NotIn terms of region, Hong Kong's exports to mainland China, the United States and the European Union in December last year fell sharply.Among them, exports to mainland China decreased by 30.4%year -on -year, exports to the United States fell by 26.7%, and exports to Germany fell 44.1%.In Asia, Hong Kong's overall export value to Asia fell 29.2%year -on -year, of which, > The exports of Japan and Taiwan decreased by 39.3%and 34.4%, respectively.Not The Hong Kong Government believes that the external environmental deterioration and cross -border land transportation have severely dragged down the export of goods.NotThe analysis pointed out that China's economic growth has slowed down and the decline in global demand has promoted the decline in Hong Kong's import and export trade, which may promote the shrinking of the Hong Kong economy in last year.NotThe Foreign Trade Bank (Natixis SA) estimated in January 2023 that the strict crown prevention and control measures of the Hong Kong government, coupled with other impacts of the epidemic may cause Hong Kong to lose about $ 27 billion (S $ 35.419 billion) last yearEssenceNotIn the future, the Hong Kong Government expects that global growth will be weak and will continue to have a negative impact on Hong Kong's export performance in the short term.However, cross -border land transportation has gradually recovered after the recent relaxation of related restrictions, which should offset part of the pressure.