United Kingdom trade with Hong Kong is in substantial deficit. The British share of the Hong Kong market declined from over 11% in 1967 to only 4.07% in 1978. Hong Kong nonetheless remains Britain's second largest market in south and east Asia: British exports to Hong Kong in 1978 totalled £362m, a figure that was exceeded only by Japan (£542m), and that put Hong Kong well ahead of China (£91m) as a market for British goods. British imports from Hong Kong in 1978 totalled £531m. Over two-thirds of British imports from Hong Kong in recent years have consisted of textiles and
clothing.
General Market Prospects for the United Kingdom in Hong Kong,
excluding Transport items, civil engineering and building contracting, which are included in the Business Brief.
En
Chemicals
Clothing
Confectionery
Domestic electrical equipment
Dyestuffs
Electrical and non-electrical machinery and appliances (including
textile machinery)
Essential oils
Iron and steel rods and barg
Medicinal/Pharmaceutical products
Metal manufactures
Office machines
Pearls and precious stones
Perfumery
Plastic materials
Telecommunications apparatus
Textile yarn and fabrics
IN CONFIDENCE