THURSDAY, FEBRUARY 27, 1975
JANUARY EXPORTS DROP BY $260 MILLION
******
THE VALUE OF HONG KONG'S DOMESTIC TRADE LAST MONTH DECLINED BY $260 MILLION TO $1,635 MILLION, ACCORDING TO PROVISIONAL TRADE FIGURES ISSUED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT.
THE FIGURE REPRESENTS A DROP OF 13.7 PER CENT, IN VALUE TERMS, AGAINST THE JANUARY 1974 FIGURE.
IMPORTS ALSO WENT DOWN IN VALUE TERMS BY 1.1 PER CENT TO $2,406 MILLION, WHILE THE VALUE OF RE-EXPORTS DROPPED BY 10.5 PER CENT TO $515 MILLION.
TAKING THE 12-MONTH PERIOD FEBRUARY 1974 TO JANUARY 1975, INCREASES ARE SHOWN IN ALL THREE AREAS WHEN COMPARED WITH THE PREVIOUS 12-MONTH PERIOD, DOMESTIC EXPORTS INCREASED IN VALUE BY 12.4 PER CENT, IMPORTS BY 15.3 PER CENT, AND RE-EXPORTS BY 4.8 PER CENT.
NOTE TO EDITORS:
FOR YOUR CONVENIENCE, A COMPARISON TABLE IS GIVEN BELOW.
COMPARATIVE FIGURES
JANUARY
1975
JANUARY
1974
INCREASE OR
DECREASE
$ MN.
$
MN.
$ MN.
DOMESTIC EXPORTS
1,635
1,895
- 260
- 13.7
(% OF TOTAL EXPORTS)
(76.1%)
(76.7%)
IMPORTS
2,406
2,433
27
1.1
RE-EXPORTS
515
(% OF TOTAL EXPORTS)
(23.9%)
575 (23.3%)
61
-
10.5
NOV. 1974
TO
JAN. 1975
NOV. 1973
TO JAN. 1974
INCREASE OR
DECREASE
$ MN.
MN.
$ MN.
9%
DOMESTIC EXPORTS
5,178
5,790
612
10.6
IMPORTS
7,522
8,538
-1,016
11.9
RE-EXPORTS
1,608
1,852
244
13.2
/DOMESTIC EXPORTS