HKTDC Trade Quarterly
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June 2008 Issue No.7Home
Export Indicators
HKTDC Export Index down to 45.9 in 2Q08

The HKTDC Export Index drifted below 50 in 2Q08. This indicated deteriorating sentiment in the short-term export outlook, largely reflecting appreciation of the Rmb and weak demand from buyers.

Hong Kong exports to the EU and the Chinese mainland are gathering pace, while sales to the US and Japan should slow in the near term.

Despite the downward trend in the HKTDC Export Index, the Trade Value Index reached a new high, indicating export unit prices will continue to rise.........