HK’s precious metal jewellery exports rise by 51%

In February 2010, Hong Kong’s exports of precious metals jewellery increased 51 percent to $225 million, reports say. Imports of the same scaled up by 32 percent to $398 million, and ‘domestic exports’ (referred to as the items remaining in the domestic market) increased 64 percent to $48 million. Also, re-export of precious metal jewellery increased by 52 percent to $176 million.

In the first two months, January and February, 2010, Hong Kong’s exports of precious metal jewellery rose 31 percent to $532 million, with exports to U.S. increasing 17 percent to $177 million, and to China by 79 percent to $42 million. Imports of the precious metal jewellery in the said two months, increased 36 percent to $776 million, with imports from China rising 58 percent to $260 million and from India by 87 percent to $152 million, reports add.