comparison
Growth rates in real terms of retained imports by end-use categories (%)
Year-on-year Food- Consumer
stuffs goods Fuels
Raw materials
and semi- manufactures
Capital goods
1985/1984
5
3
C
-6
-10
-3
1985/1984 H1
-1
H2
Q1
-
Q2
Q3
Q4
1986/1985 Q1
Q2* H1*
Note * (*)
50640 400
4041010 4213
0
0
-13
6
-11
-6
-12
10
0
-12
13
-8
1
- 13
1
-1
-16
-15
-14
11
-5
3
-10
14
5
0
17
16
21
-11
10
14
15
- 5
Estimated by using trade indices available
up to May 1986.
Re-exports
2.15
(9)
The value of re-exports in the first half of 1986,
at $53,033 million, was 1% higher than in the first half of
1985. After discounting the effect of an estimated increase
of 1% in prices, re-exports showed no change in real terms
over this period. Re-exports consisted mainly of raw
materials and semi-manufactures, and consumer goods, which
accounted for 41% and 39% respectively of the total value of
re-exports. As the growth rate in value terms of domestic
exports was faster than that of re-exports, the percentage share of re-exports in total exports declined, from 47% in the
first half of 1985 to 45% in the first half of 1986.
(9)
/Growth
Re-exports are those products which have previously been imported into Hong Kong and subsequently re-exported without having undergone in Hong Kong any manufacturing process which has changed permanently the shape, nature, form or utility of the product.
15