Jewellery exports continued to strengthen in November last year, supported by sustained global economic recovery, latest data from Hong Kong’s census and statistics department showed. 

Exports of jewellery, goldsmiths’ and silversmiths’ wares reached HK$24 billion (US$3.07 billion) in November 2021, up 24.6 per cent from the same period in 2020. The figure also exceeded 2019 and 2018 jewellery exports by 35 per cent and 21 per cent, respectively.

Overall merchandise exports saw a year-on-year growth of 25 per cent during the period in review, Hong Kong said, citing as main drivers improved shipments to mainland China, the US and the EU. Exports to major Asian markets also showed double-digit increases. 

“The continued global economic recovery should remain supportive to Hong Kong’s export performance in the near term. Yet, the threat arising from the rapid spread of the Omicron variant in many places of late, together with the disruptions arising from supply bottlenecks, may weigh on global economic growth,” the government commented.