CONFIDENTIAL
BRUSSELS TELNO. 39 TO HONG KONG
11. E 7:
-3-
VALUE-ADDED CONTENT IS HIGH IN THIS SUB-CATEGORY.
HONG KONG PRINCIPAL SUPPLIER TO E E C (60%). MARKET ALREADY VERY DISTURBED. IMPORTANT INDUSTRIAL SECTOR. NEVERTHELESS OFFER 153 UP.
12. E 8.
MARKET VERY DISTURBED (TIMOR, MACAO: 35% OF IMPORTS).
OFFER 12% UP ON 1969.
13. E 9:
14. E 13:
(NOT SEPARATELY MENTIONED, PERHAPS COMBINED WITH E 2)
HONG KONG AND JAPAN PRINCIPAL SUPPLIERS. E E C IS HONG KONG'S MAIN MARKET, TAKING 1.4 MILLION DOZEN IN 1969 OUT OF 2.9 MILLION DOZEN EXPORTED, OFFER IS EQUIVALENT TO 5% OF E E C GLOBAL PRODUCTION AND IS 18% UP ON 1969 IMPORTS,
15. PRICES. STRIKING CONTRASTS. IMPORT IMPACT. AVERAGE HONG KONG PRICE PER KILOGRAM IN GROUP 11 IS USA DOLLARS 3.42 COMPARE EEC USA DOLLARS 5.68. IN C EVEN GREATER DIFFERENCE, MINUS 55: IN E, MINUS 51%. GRAVE DANGER OF DISRUPTION OF COMMUNITY MARKET.
16. CONCLUSIONS, OFFER IS REASONABLE COMPROMISE TAKING INTO ACCOUNT HONG KONG'S EXPORTING INTERESTS AND THOSE OF COMMUNITY IN THIS TEXTILE SECTOR, LATTER HAS BEEN DECLINING STEADILY IN RECENT
YEARS,
17.
1969 STATISTICS. GROUP 1. E E C IMPORTS FROM HONG KONG 1,092 TONS: TOTAL FROM THIRD COUNTRIES, 54,301, HONG KONG SHARE OF NETHERLANDS IMPORT MARKET, 4.7%, OF GERMAN 2.2, OF ITALIAN 1.9. IN B 1 OUR SHARE WAS 13.2%, 51 IN NETHERLANDS.
FOR ITALY HIGHEST SUB-CATEGORY SHARES WERE 8.47 UNDER B 3, 4.8
UNDER B 4.
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