COMMERCE
Of these countries, only Thailand and Japan recorded marked increases in value for 1952. Imports of rice accounted for the greater part of Thailand's total, while the principal imports from Japan were fish, fruits and vegetables, textiles,
textiles, manufactures of
manufactures of non-metallic minerals and metals and metal manufactures.
Exports of merchandise from Hong Kong declined in value by 35% from $4,433 million in 1951, to $2,899 million in 1952, heavy reductions being recorded for China, excluding Formosa, from $1,604 million to $520 million; Malaya from $741 million to $418 million; Macao from $228 million to $89 million; Pakistan from $188 million to $55 million; and United Kingdom from $215 million to $83 million. The main destinations of Hong Kong's exports are shown below, and the value of exports for each country is expressed as a percentage of the total value for 1951, and 1952 :—
Commonwealth Countries:
1952 Exports
% of Total
1951 Exports
% of Total
HK$
HK$
United Kingdom
83,365,573 2.9%
214,598,413 4.8%
Malaya
417,553,708 14.4%
740,623,416 16.7%
Pakistan
54,952,078
1.9%
187,652,837 4.2%
Others
Other Countries:
Indonesia
143,093,775
4.9%
227,175,394 5.2%
528,004,683 18.2%
244,820,675 5.5%
China
520,032,173 18.0% 1,603,795,359 36.2%
(excluding Formosa)
Thailand
243,089,963 8.4%
89,771,310 2.0%
Formosa
Japan
207,434,504 7.1% 123,628,482 4.3%
139,379,130
3.1%
U. S. A.
113,489,875
3.9%
Others
192,526,923 4.3% 162,546,601
3.7% 630,137,647 14.3%
TOTAL Common-
wealth Countries.
TOTAL other
Countries
464,365,250 16.0%
698,965,134 24.1% 1,370,050,060 30.9%
2,200,044,930 75.9% 3,062,977,645 69.1%
Big increases in exports were recorded for Indonesia, Thailand and Formosa, exports to all other countries
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