Hong Kong’s jewellery exports showed a slight uptick in August compared to pre-pandemic levels in 2019 and 2018, signalling the industry’s continued recovery, latest data from the city’s Census and Statistics Department showed.
Exports of jewellery, goldsmiths’ and silversmiths’ wares rose 16.2 per cent year on year to HK$20.7 billion (around US$2.7 billion). By comparison, shipments were up .97 per cent from 2019 and 1.22 per cent from 2018.
January to August exports meanwhile increased by 34.1 per cent year on year to HK$151.71 billion (around US$19.5 billion) and by 44.33 per cent from 2019. The latest export figures however remained behind 2018’s HK$153.83 billion (around US$19.77 billion).
The total value of merchandise exports saw a year-on-year growth of 25.9 per cent in August, with exports to China, the US, the European Union and other Asian economies showing growth, a government spokesman explained.
“The global economic recovery and vibrant regional trade flows should continue to support Hong Kong’s export performance in the near term. Yet, the pandemic development is still casting uncertainties on the economic outlook,” the government said.