Hong Kong recorded sharp falls in the value of its domestics exports in Q3, according to the Census and Statistics Department of the Hong Kong Special Administrative Region, with the apparel industry suffering most.
The value of garment exports falling 84.7% year on year to 1.1 billion HK dollars (US$141 million). The basic metals industry trailed with a fall of 49.1%, followed by the paper and paper products, and printing and reproduction of recorded media industry. The chemicals and chemical products industry was also one of the biggest losers. The computer, electronic and optical products industry saw a fall of 8.8% in the value of domestics exports.
The above five industries together accounted for 60% of Hong Kong's total domestics exports, or the exports of goods produced or manufactured in Hong Kong.
