EXPORTER CONFIDENCE

In the first quarter of 2022 (1Q22), the HKTDC Export Index shrank for the third consecutive period, falling by 12.5 points to 24.7. This can be taken as a clear indication that the prospects for short-term export growth are expected to weaken still further. More

Marking its fifth consecutive quarterly increase, the 2Q21 HKTDC Export Index rose to 48.7, well up on the 39.0 recorded for the preceding quarter and a world away from the 16.0 scored for 1Q20 in the very early days of the Covid-19 outbreak. Given the sustained nature of the upturn, the expectation is that Hong Kong’s overall export performance will return to continuous growth over the near term. More

The HKTDC Export Index rose by 11.1 points to 36.2 in 4Q20, the third consecutive quarterly increase. This suggests that exporters are less pessimistic with regard to their likely export performance in the coming months. With the overall figure staying below the watershed mark of 50, this indicates considerable uncertainties remain with regard to the short-term export outlook. More

The HKTDC Export Index moved up by a marginal 2.2 points (from its record-low of 16.0 in the previous quarter) to 18.2 in 2Q20. As it, however, stayed deep in contractionary territory, this can be taken as a clear indication that Hong Kong’s export prospects are not likely to improve dramatically in the short-term. More