Hong Kong's total goods export volume dropped 19.1 percent in July on the same month last year, while goods import volume fell 15.1 percent.

According to the department, re-exports volume dropped 18.4 percent and domestic exports volume decreased 39.1 percent.

The month saw the price of goods re-exports rise 0.3 percent and those of domestic exports fall 2.7 percent. Total goods export prices rose 0.2 percent and import prices dropped 1.8 percent.

Comparing the year's first seven months with the same period last year, the volume of Hong Kong's goods re-exports fell 15.9 percent while that of domestic exports dropped 40 percent. Total goods export volume decreased 16.7 percent while goods import volume fell 16.7 percent.

The period saw the price of goods re-exports rise 1.4 percent while those of domestic exports grew 0.6 percent. Total goods export prices rose 1.4 percent and import prices dropped 0.3 percent.