Re-exports
2.8
The value of
re-exports, at $11,152 million in the
first quarter, was 5% higher than in the corresponding quarter of 1982. This growth, on the basis of trade indexes available
up to February, was made up of an increase in prices of 2% and
a growth rate in real terms of 3%. Having been negative for
four consecutive quarters, the growth rate in real terms of
re-exports became positive again in the first quarter of this
year.
Growth rates of re-exports
(૪)
Year-on-year comparison
In money
terms
In real terms
Rate of increase
in prices
1982/1981
Q1
12
-2
14
Q2
8
-4
12
Q3
2
-6
9
Q4
4
-1
5
1982/1981
6
-3
10
1983/1982
Q1
5
3*
2*
Note: (*)
Estimated by using trade indexes available up February 1983.
to
2.9
As the growth rate in value terms of domestic
exports recovered at
recovered at a faster rate than that of re-exports,
the percentage share of the value of re-exports in the value
of total exports decreased slightly to 37% in the first
quarter of 1983, compared with 38% in the same period of last
year.
2.10
China continued to be the largest market for Hong
Kong's re-exports, accounting for 16% of the total value of
goods re-exported through Hong Kong in the first quarter.
The
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