0003230
G.F. 323
CONFIDENTIAL
Indonesia
Australia
4.
$9.9 million
$5.2 million
In 1966, the
out of total exports valued at $67.8 million.
principal markets were
U.K.
U.S.A.
W. Germany
*
Value
$35.1 million
$7.2 million
$1.0 million
and total exports had fallen to $46.5 million.
Tariff
nil
8.5% - 18.75% a.v.
12.2% 17% a.v.
With exports to the U.S.A. and West Germany subject to quotas which are considerably lower than the U.K. one, this item has become even more dependent on the U.K. market than before and the application of the Č.E.T. of 14% 16% by the U.K. could have a serious effect on Hong Kong's exports of this item.
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Towelling, not terry, cotton, other than grey (652 242)
This item was not separately classified in 1961.
In 1966, the principal markets were
Value
Tariff
U.K.
$5.1 million
nil
New Zealand
$770 thousand
nil
U.S.A.
3665 thousand
8% a.v.
5¢ per
lb. plus 34.5% a.v.
Canada
$598 thousand
221% a.v.
out of total exports of 38.6 million.
Quotas are lower in the U.S.A. and Canada than in the U.K. and exports of this item will probably remain dependent on the U.K. market.
As with other cotton textile items, the imposition of quota control by countries maintaining a tariff while the volume of exports was still low, precludes assessments of what export performance could be over the tariff and it is difficult to predict what performance in the U.K. market could be over the C.E.T.
Poplin and broadcloth, cotton, other than grey (652 247).
This item was not separately classified in 1961.
In 1966, the principal markets were
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CONFIDENTIAL