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ACCIDENT, FIRE & LIFE ASSURANCE CORPN., LTD.
HONG KONG DAILY PRESS, MONDAY, OCTOBER 23, 1933.
HONG KONG TRADE IN 1933
Twenty Per Cent Decrease
On Last Year
SLIGHT FALL IN BRITISH SHARE
The Statistical Office of the Imports and Exports Department reports that the declared values of imports of merchandise into Hong Kong during the first nine months of 1933, amounted to $381.0 millions" (£25.5 millions), as compared with $477.8 millions (£31.4 millions) in the corresponding period of 1932, repres senting a decrease in terms of local currency of 20.3 per cent:
Exports were declared to a value of $307,0 millions (£20.5 millions), as compared with $352.3 millions (£23.2 millions): a decrease of 12.9 per cent.
Comparative figures for the first nine months of 1932 and 1933 (including Treasure) are as follow:-
IMPORTS
EXPORTS
(000 omitted) 1932 1933 1932 !! 1933 477,820 381,066 352,275 307,027. 75,211 26,339 91,371 103,142 Total:-553,032 407,408 443,646. 410,169
Merchandise Treasure
TRADE IN SUBSIDIARY COIN
¥130,7-185.4 180.0 170.7 132.8 19.3 9.0 119 8.5
2nd Quarter.
•
$101.3 +1440 180.P 184.7 126.1 £15.9 17.1 "8.7 10.2 8.3 3rd Quarter.... $130.7 167.2 1823 142,4 £14.3 18.2 9.0 9.3
4th Quarter. $136.8 136.6 186.4 146.2 £17.8 16.5 11.8 9.6
PIECE GOODS TRADE
The following tables show the distribution of the total import; of Piece Goods, and comparative values for 1932 and 1933 to the end of the third quarter:-- Import Percentages.
C.K.
1932... · 1933.
42.8
.6
Japan
6.5
8 B:
N, China
33.7
46.1
2.3
1.0
1.8
.3
.4
13.9
14.0
Germany Italy France Others
September Figures
IMPORTS DOWN: EXPORTS STEADY
Statistics for the month of Sep- tember, 1933, show that there were declines in the declared values bath of Imports and Exporta, as compared with September, 1932.
Imports totalled 843.5 millions (£3.0 millions), as compared with $48.2 millions (£3.2 millions), and Exports $34.7 millions (£2.4 mil- lions), as compared with 836.4 millions (£2.4 millions).
The following table shows.com- parative ngures of Imports and Exports of merchandise and trea-
sure:-
་་
Imports.
September, 1933.
Merchandise Treasure
Total.......
.$-13,806,242
5,925,504
.$48,731,836
"September, 1932. ・・ “
Merchandise Treasure
Total..
-$48,192,739 10,933,468
859,126,201
199.1.
8.3
Exports. September, 1933.
Merchandise.
Treasure
Total..
$34,872,00L 13,436,592
.848.108,683
8349.7
613:2 737.7
624.0
September, 1932,
£62.0
.72.1 38.5
ALO
Merchandise Treasure
Exports.
Total......
It will be seen from the above table that imports of Treasure dur-14.7 ing the first nine months of 1933, amounted to $26.3 millions, a de- cline of $48.9 millions as compared with the corresponding period of 1932; while exports increased from *91.4 millions to 8103.1 millions, but it should be noted that these statistics do not accurately repre- sent the true position, on account of concealed movements of Silver Subsidiary Coin, During the first nine months of 1932, imports of Canton, 20-cent pieces totailed $223 millions: exports to North" China in the same period, amounting to $22.0 millions. In October, 1932. an embargo was placed on the ex- port of Silver Subsidiary Coin). 8193.6 from South China, with the re sult that imports into Hong Kong almost entirely disappeared, although the export "to North China from Hong Kong continued unabated. For the first nine months of 1933. total declared im- ports of 20-cent pieces from Can- ton amounted to only $55,000. while exports to Shanghal amount- ed to 222.9 millions; the disparity apparently being due to the fact that imports from Canton were neither entered on ships' mani- fests, nor declared to Statistical Office.
In the first nine months of 1932, Great Britain enjoyed 13.2 per cent. of the total import trade, but the percentage fell to 10.9 per cent, in the corresponding period of 1933: the Dutch East Indies. USA, Germany, Malaya, Australia and Belgium also showing decreased shares of Hong Kong imports. The China share increased from 28.3 per cent. to 29.4 per cent.; Japan from 3.1 per cent. to 4.7 per cent.; French Indo-China from 8.3 per 1 cent. to 9.3; Siam from 8.9 per cent. to 10.5 per cent.; and India from 2.5 per cent. to 3.0 per cent. Total imports from the British. Empire fell from 22.4 per cent. of the total to 19.7 per cent.
In regard to imports of Plece Goods. Great Britain accounted for 42.8 per cent. of the total for the first nine months of 1932, but this figure fell to 28.6 per cent. for the corresponding period of this year: Japan increased her share from 6.5 per cent. to 8.8 per cent.; North China from 33.7 per cent. to 46.1 per cent.; Italy from 1:0 per cent. to 1.8 per cent.: France from 0.3 per cent. to 0.4 per cent; and Other Countries from 13.2 per cent. to 14.0 per cent: | FIVE YEARS' COMPARISON In the following table the total values of imports, of merchandise are given in £'s and 8's millions for the first nine months of the years "1923, 1924, 1931, 1932 and 1933
1923
Importa Exports. £44.2 £44.2 $392.9 $382.9 1924... £55.6 £46.1.
$476.6 $412.3. £28.7 £19.7 $549.3 £31.4 $477.8 $352.a
1831
All Classes of INSURANCE
1932
1933
WORLD WIDE
ORGANISATION
AGENTS
JAMES H. BACKHOUSE
1A, CHATEE ROAD, TEL 21788.
Note:-
$403.2
£23.2
£25.5
£20.5 $381.0 $307.0
1923 ̊F.K. $-2. 3jd: 1924 H.K. $=28. 4jd. 1931 H.K. $-15. old.' 1932 H.K. #=18. 34d. 1933 January-September H.K.
$18. 4.1/18.
"QUARTERLY FIGURES
1923.
1st Quarter
1024. 1931 1932 1933.
158.9 140.1
..€36,412,780 12,289,501
948,702,593
VALUES BY COUNTRIES
The total values of Imports and Exports of merchandise are shown below by principal countries, the figures for September. 1932, being given in brackets:-
£139
127.0 18.3. 6.8 8,8
105,3
A.E
2nd Quarter.
140,8
£16.3
9128.5
127.9 132.5 116.3 15.9 8.4 7.1
3rd Quarter 127,5 130.8 110.0
108.2 7,1
£14.0
14.0 6.5 7.2
95.5 8.8
4th Quarter....
$151.5
U.K.
Australia
$ 6,782 (6,844) (319)
€31
453
129.3 138,7 119.6 £17.2 15.5 9.2 7.9
8544.4 540.6, 541.8 47.9
£81.4 €3,6 29.9 31.01
VALUES BY COUNTRIES The following tables show the total values of imports and ex- ports by principal countries for the first nine months of 1931, 1932 and 1933 (“000" omitted) ---
Imports:
For purposes of closer campari- | son the following table has been prepared 'showing the quarterly. values of both Imports and Exports (in $'s and '&'s millions) for the years 1923, 1924, 1931, 1932, and 1933)
Imports.
1st Quarter: 1923. 1924. 1931. 1932. 1933.
1931. 1932. 1933.
* &
& U.K.
39,978 63,065 41,432 India 11,009 11,810 11,495 Malaya ... 10,440 7,300 4,722 Belgium. 10,754 11,095 0,901 N. China, 73,497 63,906 35,989 M. China. 0,028 0,488 7,328 S. China, 01,888. 52,531 45,866. Indo
China 39,949 39,455 35,512 Germany 36,990 21,115 14,200 Japan. 60,284 14,949 17,849 K. C. Wan 7,201 5,788 5,185 Macão 7,764 6,850 6,800 N. E.
L
. Indies 55,130 47,888 20,009 Siam 34,837 42,580 39,078 U.S.A. 43,729 38,504 24,504 Exports.
1931. 1832. 1833.
U.K.
3.820 2,403 2,185 Australia 1,077 1,184 977 Burma.. 1,5371,478
1.221 Canada 1,900 1,422 1,108 Ceylon 934 723 467 India #7,009 5,961,4,035 Malaya... 96,952-17,223- 15,715 B. N.
2
Borneo 1,518 850 638 N. China: 48,491 41,926 - 31,357 M. China 34,929 37,805 24,755 S. China,133,707-132,349 123,891 O America 2,105 1,250 1,130 Indo."
China 27,416 23,009 17,889 Germany 1,364 1,188 2,019 Japan 19,476 9,812 9,771 K. C. Wan 14,156 9,835 7,756 Macao 18,358 16,818 15,801 N. E
Indies 10,114 7,577 6,568 Philippines 7,718 9,3476,818 || Siam..... 17,807. 11,870 11,444 U.S.A. 15,719 13,322 14,304 Import. Fercentages.
1931 1932 1933. China 20.4 26.3 29.4 “Japan. ......... 11.0 - 3.1, @ 4.7 N.E Indies... 10.0 10.0 6:1 U. K...
10.9 13.2 10.9 7.4 6.4
U.S.A............ 18,0° Indo China . 7.38.3) Siam - 6.3
0.3.
Germany 4.38.9/10.3
Malaya
4.4 277
(British) 1.8 1.51 12 India 12.04 2.5 3.0
Australia
Belgium
Total British
2.0.7 1/7 2.3
Empire 18.1: 22.47: 19.7.
ון
Canada
· India.
Malaya (British)
Belgium
China North
China Middle
China South
Indo-China
Germany
Holland
Italy....
Japair
Imports Exports. (000 omitted)
143
428
31
(714) (129)
315 (403) ··(103) 1,423 612 (1,212) (577) 456 1,918 "(0-18) (1,708) 1,138
(984) (58) 0,024 3,876 (7,433) (3,009)" 760 2,919 (749) (3,750) 7,116 -11,670 (5,753) (13,287) 4,300 2,201 (4,230) (2,477)
2,182 (1,670) (118)
430, 472
135
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