6.
Hong Kong's
million
imports of goods in
(approx.
£22,337
1984 totalled
million),
an
HK$223,370
increase of 27% over 1983. The principal imports were:
Manufactured goods
28.6%
Machinery and Transport equipment
25.8%
Consumer Goods
18.1%
Food Stuffs
9.0%
Chemicals and related products
6.9%
Fuels
5.5%
The principal suppliers were:
China
25.0%
Japan
23.6%
United States
10.9%
Taiwan
7.8%
Singapore
5.5%
UK
3.9%
Republic of Korea (South Korea)
3.3%
2.7 There was
a visible trade deficit in 1984 of
HK$1,929 million (approximately £192 million).
However, trade in invisibles makes an important
contribution to Hong Kong's balance of payments. In
1983 Hong Kong's surplus on invisibles was estimated at
roughly HK$11,841 million
over half of the visible
trade deficit.
-
1985
8.
Although the growth in domestic
exports during
1985 has been lower than forecast in the budget, total
exports during the period January to June 1985 have
risen, reflecting the continued expansion of the
To a certain
re-export trade.
domestic exports can
be
extent the fall in
attributed in part to an