India, Feb. 25 -- Hong Kong's trade surplus declined in January from a year ago as imports grew faster than exports, data from the Census and Statistics Department showed on Tuesday.
The trade surplus dropped to HK$2.1 billion in January from HK$3.6 billion in the same month last year. In December, the trade balance showed a shortfall of HK$34.5 billion.
The visible trade surplus of HK$2.1 billion was equivalent to 0.5 percent of the value of imports.
The annual rise in exports was 0.1 percent in January, slower than the 5.2 percent growth in December.
Total exports to Asia as a whole rose only by 0.4 percent. Within this, exports to Vietnam grew the most by 73.9 percent, followed by Singapore with a 41.6 percent surge. Meanwhile, shipm...