CONFIDENTIAL #
13
21.
China remained the second largest market
for Hong Kong's domestic exports and the largest
market for Hong Kong's re-exports in the first
quarter of 1987. Domestic exports to China accounted
for 14% of Hong Kong's domestic exports in the first
quarter of 1987, compared with 13% in the preceding
quarter and 11% in the first quarter of 1986.
Re-exports to China accounted for 32% of Hong Kong's
total re-exports in the first quarter of 1987,
compared with 35% in the preceding quarter and 33% in
the first quarter of 1986.
Hong Kong's exports to China
Domestic
exports
Growth
Re-exports
Growth
to China
rate # to China
rate #
1985 Q1
3,912
97
11,812
149
Q2
4,006
57
12,826
132
Q3
3,604
22
10,940
51
Q4
3,667
- 3
10,445
-1
Annual
15,189
35
46,023
64
1986 Q1
3,136
-20
7,964
-33
Q2
4,213
5
9,664
-25
Q3
4,855
35
10,276
-6
Q4
5,818
59
12,990
24
Annual
18,022
19
40,894
-11
1987 Q1
5,552
77
11,808
48
# in money terms
G.F. 326
CONFIDENTIAL #3