Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Hong Kong’s export growth likely to have fallen further in March, trade balance to widen further

Hong Kong’s trade data for the month of February is set to release tomorrow. According to a DBS Bank research report, exports and imports of good is likely to have fallen further, by 4 percent and 5 percent, respectively.

Although this is partially because of the usual Chinese New Year effect, the easing global economic growth and the ongoing trade tension between China and the U.S. might add downward pressure on the nation’s export performance in the coming months. This should be greatly reflected in the fifth straight year-on-year fall in trade finance.

“On import front, the potential improvement in retail sales (up 7.1 percent in Jan 19) may offset part of the decreases in imports, thanks to the positive wealth effect transmitted from the recent rebound in asset markets and the 20-year low unemployment rate. The trade balance is set to widen further”, added DBS Bank.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 819372819372m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 819372819372m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 831192831192m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 819372819372m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 831192831192m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 819372819372m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 819372819372m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 819372819372m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.