30-04-2021
Hong Kong’s total export of fine jewellery in the first quarter of 2021 saw a remarkable surge of 37.8 percent to nearly HK$16 billion year-on-year, according to the figures from the Census and Statistics Departments, HKSAR. China and the United States, the most significant single markets for Hong Kong, contributed to over 40 percent of the total export value registered in the quarter.
Over the first three months this year, Hong Kong’s export to mainland China registered a significant growth by 326.6 percent to HK$4.4 billion compared to the low base in the same period last year when the Covid-19 virus started to make a huge impact on the industry. The performance in the State was less dramatic, with a mild increase from HK$2.3 billion in Q1 2020 to HK$2.5 billion this year, marking a 9.8-percent increase.
From a regional perspective, the European Union and the Asean countries constituted 7.2 percent (+29.1% yoy) and 7 percent (-1.0% yoy) respectively of Hong Kong’s total exports of fine jewellery in Q1 2021.
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