CONFIDENTIAL
- 5.
841.462- Knitted woollen sweaters. etc.
w
20.
Mr. Strandberg then tabled the revised figures of production etc. for men's and boys' knitwear. These were
Production
Decline
All fibres
1st quarter 1967
249
1st quarter 1968
226
23
2nd quarter 1967
322
2nd quarter 1968
233
89
3rd quarter 1967
297
3rd quarter 1968
Total decline
279
18
:
130
In the woollen sector for January/November
Total Imports
1967
1968
817
950
Imports from Hong Kong
1967
1968
341
464
For all fibres also for January/November
Total Imports
1967
1968
2,940
3,139
-
Imports from Hong Kong
1967
437
1968
756
21.
Mr. Jordan observed that the increase in total imports was negligible. Hong Kong's imports had increased, but mainly at the expense of other suppliers. Increase in wool imports was even smaller, and again the increase from Hong Kong had been at the expense of other suppliers. The woollen sector production was also declining because it was losing ground to other fibres, as decline in total production was less than the decline in wool. Demand continued, however, and supplies had to be obtained from overseas.
22.
The meeting then adjourned at 6.50 p.m.
/Third Session
CONFIDENTIAL