ONFID
IN CONFIDENCE
The principal markets were:-
United States
FRG
United Kingdom
Japan
Australia
37.1
10.9
9.5
4.6
3.7
2.9 Hong Kong's imports in 1978 totalled HK Z63,050 million (approx £6,635 million). They consisted mostly of foodstuffs, raw materials and semi-finished products for Hong Kong's manufacturing industries, fuel and capital equipment. The principal suppliers were:-
Japan
China
United States
Taiwan
Singapore
United Kingdom
22.8
16.7
11.9
6.8
5.1
4.7
2.10 UK trade with Hong Kong is in substantial deficit. The British share of the Hong Kong market declined from over 11% in 1967 to only 4.2% in 1976. Hong Kong nonetheless remains Britain's second largest market in south and east Asia: British exports to Hong Kong in 1978 totalled £362 million, a figure that was exceeded only by Japan (£542 million) and that put Hong Kong well ahead of China (£91 million) as a market for British goods. British imports from Hong Kong in 1978 totalled £531 million. Over two-thirds of British imports from Hong Kong in recent years have consisted of textiles and clothing.