Monday, October 1, 1973
EXPORTS CONTINUE TO RISE
The value of Hong Kong's domestic exports in August showed a
marked increase over that of the corresponding month last year.
According to provisional trade figures released today by the Census
and Statistics Department, domestic exports in August were valued at
$1,946 million ---
-- an increase of $529 million or 37.3 per cent over
August 1972.
The value of imports increased by $590 million or 31.1 per cent
to $2,485 million.
The biggest increase
85.5 per cent was in re-exports which
were worth $687 million, a rise of $317 million over that of August last
year.
Commenting on these figures, a spokesman for the Commerce and
Industry Department said that during the three-month period, June to August
1973, figures show increases over the same period in 1972 of 28.8 per cent
for domestic exports, 26.9 per cent for imports and 60.2 per cent for re-
exports.
Figures for the eight-month period, January to August 1973, show
increases over the same period in 1972 of 21 per cent for domestic exports,
22.2 per cent for imports and 47 per cent for re-exports.
The provisional trade figures for August are given in the table
below with comparative figures.
/MERCHANDISE