HK jewellery exports recover further in April

HK jewellery exports recover further in April

Hong Kong

Hong Kong’s jewellery exports rose 62 per cent in April compared to the same period last year, exceeding growth figures achieved in 2018, data from the city’s Census and Statistics Department showed.

From January to April this year, exports of jewellery, goldsmiths’ and silversmith’ wares were up 32.4 per cent.

By comparison, April 2018 records showed a 31.5 per cent growth in jewellery exports while January to April shipments were up 20.9 per cent.

Owing to the Covid-19 pandemic, US-China trade tensions and other macroeconomic uncertainties, jewellery exports in April 2019 and 2020 saw hefty declines. 

According to the Hong Kong government, the latest export figures were supported by visible gains in major markets. The city's overall exports increased by 24.4 per cent in April 2021.

“For the first four months of 2021, the value of total merchandise trade was way higher than the previous high recorded in the same period in 2018, reflecting vibrant trading activities amid a sharp rebound in external demand,” the government said.



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