CONFIDENTIAL

QUARTERLY DIGEST OF HONG KONG ECONOMIC RELATIONS

-

CHINA

Magnitude

Statistical variables

Unit

3rd quarter

1st-3rd

THIRD QUARTER 1991

% change over

3rd 1st-3rd

quarter

quarter

quarter

1991

1991

1990

1990

DOMESTIC EXPORTS TO CHINA

}

14.62

38.93

14.3

14.1

by land

}

12.64

33.57

12.4

12.7

by sea

}

0.58

1.61

26.0

25.8

by air

}

0.10

0.28

41.5

30.9

others

1.30 #

3.47 #

27.7

21.7

RE-EXPORTS TO CHINA

}

41.17

108.70

47.3

39.1

by land

28.46

75.42

41.0

36.0

by sea

4.93

13.40

44.0

42.5

by air

}

1.15

3.16

36.6

32.0

others

}

6.63

16.72 #

89.1

53.2

TOTAL EXPORTS TO CHINA

55.80

147.63

36.9

31.5

by land

) HKD

41.09

108.98

30.8

27.9

by sea

) Billion

5.51

15.01

41.9

40.5

by air

)

1.26

3.45

37.0

31.9

others

7.94 #

20.19 #

75.3

46.7

)

IMPORTS FROM CHINA

>

79.68

208.91

25.9

25.3

by land

}

62.27

159.54

29.3

27.9

by sea

7.84

23.36

2.8

11.3

by air

}

0.65

1.84

0.6

8.5

others

}

8.91

24.18 #

29.8

25.2

}

TRADE BALANCE WITH CHINA

}

-23.88

-61.28

N.A.

N.A.

IMPORTS OF CHINA ORIGIN

77.59

203.36

25.8

25.4

>

RE-EXPORTS OF CHINA ORIGIN

}

88.44

222.28

32.7

31.5

INDEX OF DOMESTIC EXPORTS TO CHINA

Value index

)

2,000

1,775

14.3

14.1

Unit value index

) 1981

153

154

0.7

1.1

Quantum index

) =100

1,304

1,155

13.5

12.8

INDEX OF IMPORTS FROM CHINA

Value index

}

1,080

944

25.9

25.3

Unit value index

) 1981

135

134

1.5

1.2

Quantum index

) =100

801

706

23.9

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.

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