Hong Kong exports, jewellery goods included, registered solid growth in January this year on the back of steady demand from major markets alongside a low base of comparison a year ago.

Total exports were up 33.6 per cent to HK$388.71 billion (around US$50 billion) during the period in review while shipments of jewellery, goldsmiths' and silversmiths' wares rose 8.6 per cent to HK$20 billion (about US$2.56 billion).

According to the Hong Kong government, merchandise exports jumped in January 2024 against a very low base of comparison last year, which was partly caused by the timing of the Lunar New Year. 

It also revealed that exports to China and the US soared in January while shipments to major Asian markets also went up. The European Union, meanwhile, saw a drop in exports.

"Slow global economic growth and geopolitical factors will continue to affect Hong Kong's export performance in the near term," the government added.