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Wednesday, May 2, 1973
"ENCOURAGING" RISE IN EXPORT EARNINGS
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Hong Kong's trade figures for the first three months of this
year were today described as "most encouraging" by a spokesman for the
Commerce and Industry Department.
During this period, he said, domestic exports increased by 13.9
per cent, while re-exports and importa rose by 34.6 per cent and 19.5 per
cent respectively over the same period last year.
According to provisional figures released by the Census and
Statistics Department for the month of March, the most significant
increase was in re-exports which showed a record rise of 49.1 per cent
over the same month last year.
In dollar terms, this represented an increase of $150 million
to 2456 million.
During the same month, domestic exports amounted to $1,310 million --
a rise of $253 million or 24.0 per cent over March 1972.
The total value of imports amounted to $1,934 million, up $258
million or 15.4 per cent over the same period last year.
Details of the figures are:
MERCHANDISE:
Domestic Exports: $1,310 million
Imports
$1,934 million
Re-exports
$ 456 million
/COMPARATIVE FIGURES: