Data released by the Census and Statistics Department of Hong Kong, and quoted by Rough & Polished, shows that Hong Kong’s exports of jewelry, goldsmiths and silversmiths’ wares in January to April rose 2.9% year-on-year, totaling $7.83 billion.
Jewelry imports rose 8.8%, totaling $10.3 billion during the same period.
Exports in April fell 1.7% but imports rose 24.8%. According to the report, “The gradual improvement in global economic conditions should continue to support Hong Kong’s export performance [but] the external environment is still subject to various uncertainties, especially those stemming from the US interest rate normalisation, Brexit and other policy and political developments in the US and Europe, possible rise of protectionist sentiment and elevated geopolitical tensions in various regions”.
