The principal markets were:
United States
EC
of which:
UK
FRG
Japan
China
IN CONFIDENCE
5
36.3%
24.8%
(9.6%)
(8.8%)
3.7%
3.6%
3.3%
Australia
2.9 Hong Kong's imports of goods in 1981 totalled HK$138,375 million (approx.£12,580 million).
Raw Materials
Consumer Goods
Capital Goods
Food Stuffs
The principal imports were:
40.4%
26.7%
14.6%
10.6%
The principal suppliers were:
Japan
China
EC
of which:
UK
FRG
United States
Taiwan
Singapore
23.2%
21.3%
11.5%
(4.5%)
(2.4%)
10.4%
7.8%
7.7%
2.10
Trade in invisibles makes an important contribution to Hong Kong's balance of payments. In 1980 Hong Kong's surplus on invisibles was,
according to preliminary estimates, HK$8,850 million.
2.11
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, rose to 5.1% in 1979, and in 1981 stood at 4.5%. Hong
Kong remains Britain's second largest market in the Far East after Japan. British exports to Hong Kong in 1980 totalled £559 million, and that put
Hong Kong well ahead of China (£213 million) as a market for British
goods. British imports from Hong Kong in 1980 totalled £850 million.
A substantial proportion of British imports from Hong Kong in recent years have consisted of textiles and clothing.
IN CONFIDENCE
/SECTION 3