CONFIDENTIAL

QUARTERLY DIGEST OF HONG KONG CHINA

ECONOMIC RELATIONS

SECOND QUARTER 1991

% change over

Magnitude

Statistical variables

Unit

2nd

1st-2nd

2nd 1st-2nd

quarter

quarter

quarter

quarter

1991

1991

1990

1990

DOMESTIC EXPORTS TO CHINA

14.06

24.30

16.7

13.9

by land

}

12.17

20.93

15.2

12.9

by sea

}

0.56

1.03

35.7

25.6

by air

}

0.11

0.18

40.7

25.4

others

}

1.22

2.17 =

23.6

18.4

)

RE-EXPORTS TO CHINA

}

38.69

67.53

39.5

34.5

by land

27.07

46.96

37.7

33.2

by sea

}

+.82

8.17

16.0

41.6

by air

}

1.08

2.01

25.2

29.5

others

}

5.73 =

10.08 =

46.3

36.1

}

TOTAL EXPORTS TO CHINA

52.74

91.33

32.6

28.1

by land

) HKD

39.23

67.89

29.8

26.2

by sea

) Billion

5.38

9.50

14.9

39.7

by air

1.19

2.19

26.5

29.1

others

6.95 =

12.23 #

41.7

32.6

IMPORTS FROM CHINA

}

72.06

129.23

25.5

25.0

by land

54.60

97.27

27.5

27.0

by sea

8.38

15.51

14.5

16.2

by air

0.65

1.19

19.6

13.4

others

}

8.43

15.26 =

25.1

22.7

}

TRADE BALANCE WITH CHINA

}

-19.31

-37.40

N.A.

N.A.

}

IMPORTS OF CHINA ORIGIN

}

70.22

125.77

26.0

25.1

}

RE-EXPORTS OF CHINA ORIGIN

}

73.76

133.84

30.4

30.7

INDEX OF DOMESTIC EXPORTS

TO CHINA

Value index

}

Unit value index

) 1981

1 923 ==

154

1 662

16.7##

13.9

154

0.9

1.1

Quantum index

) =100

1 252

1 080

15.7

12.4

INDEX OF IMPORTS FROM CHINA

Value index

Unit value index

Quantum index

}

977

876

25.5

24.9

) 1981

132

133

0.4

1.0

) =100

740

659

25.1

23.7

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.

Revised figure.

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