Hong Kong's struggling exports sector saw a 1.8 percent drop in trade last year having fallen for eight straight months amid global economic woes, marking its first annual contraction since 2009.
The value of exports fell by 1.8 percent over 2014, compared with a rise of 3.2 percent in 2014. It plunged by 12.6 percent in 2009, in the aftermath of the global financial crisis.
The stagnant whole-year export performance came as no surprise as the city's export value tumbled for eight months on the trot, with monthly losses narrowing to a year-on-year 1.1-percent drop in December.
The SAR's faltering export trade echoed the subdued regional production and trading activities amid sluggish global demand conditions, a government spokesman said.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
