Hong Kong’s Toy Exports Fall in 2009

According to figures released by the Hong Kong Trade Development Council (HKTDC), Hong Kong’s toy exports fell 10 percent to $88.55 billion HK ($11.35 billion U.S.) in the first 11 months of 2009. While toy exports to Czech rose 58.2 percent, exports to Russia fell 57.1 percent, exports to the U.S. dropped 23.6 percent, and exports to the European Union dipped 8 percent. Baby product exports reached approximately $6 billion HK ($726 million U.S.) in the first 11 months of 2009. Hong Kong’s top export markets were the U.S., UK, Macao, Italy, and France.