RESTRICTED

QUARTERLY DIGEST OF HONG KONG

ECONOMIC RELATIONS

Statistical variables

CHINA

FIRST QUARTER 1987

% increase over

Unit

Magnitude

Previous Same quarter quarter

last year

DOMESTIC EXPORTS TO CHINA

5.55

-4.6

77.0

by land

4.46

-3.1

102.0

by sea

}

0.31

-12.9

0.2

by air

0.06

4.8

22.2

others

}

0.72#

-9.9

26.5

}

RE-EXPORTS TO CHINA

11.81

-9.1

48.3

by land

}

7.64

-9.1

67.5

by sea

}

1.71

-8.4

11.6

by air

}

0.77

4.7

67.2

others

}

1.70#

-14.9

19.9

}

TOTAL EXPORTS TO CHINA

}

17.36

-7.7

56.4

by land

) HKD

12.10

-7.0

78.8

by sea

) Billion

2.01

-9.1

9.7

by air

}

0.83

4.7

62.8

others

2.42#

-13.4

21.8

IMPORTS FROM CHINA

}

23.17

-7.2

52.0

by land

>

14.96

-6.5

69.1

by sea

}

4.29

-7.5

29.7

by air

}

0.40

9.3

6.7

others

}

3.53#

-11.2

30.1

}

TRADE BALANCE WITH CHINA

}

-5.81

N.A.

N.A.

}

IMPORTS OF CHINA ORIGIN

}

22.80

-7.3

53.5

}

RE-EXPORTS OF CHINA ORIGIN

16.50

1.9

73.9

INDEX OF DOMESTIC EXPORTS

TO CHINA

Value index

}

759

-4.6

77.0

Unit value index

) 1981

141

0.8

1.9

Quantum index

) =100

539

-5.4

73.8

INDEX OF IMPORTS FROM CHINA

Value index

)

314

-7.2

52.0

Unit value index

) 1981

121

0.9

-0.3

Quantum index

) =100

259

-8.0

52.5

N.A. Not Applicable

Including shipments on junks, parcels by post and hand-carried goods. Exports of electricity are included under 'others' for domestic exports and total exports, while imports of water under 'others' for imports.

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