3
FRIDAY, APRIL 4, 1975.
VALUE OF FEBRUARY EXPORTS DOWN DY $234 MILLION
******
THE VALUE OF HONG KONG'S DOMESTIC EXPORTS FOR FEBRUARY THIS YEAR WAS $1,273 MILLION, REPRESENTING A DECREASE OF $234 MILLION OR 15.5 PER CENT BY VALUE COMPARED WITH THE CORRESPONDING MONTH IN 1974.
ACCORDING TO THE PROVISIONAL TRADE FIGURES PUBLISHED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY. THE VALUE OF IMPORTS AND RE-EXPORTS IN FEBRUARY HAD ALSO DECREASED BY 15.6 PER CENT AND 17.9 PER CENT RESPECTIVELY.
AT THE SAME TIME, TRADE FIGURES FOR THE MONTHS OF JANUARY AND FEBRUARY THIS YEAR AS COMPARED WITH THE SAME PERIOD IN 1974 SHOWED DECREASES BY VALUE OF 14.5 PER CENT FOR DOMESTIC EXPORTS, 14.5 PER CENT FOR RE-EXPORTS AND 8.5 PER CENT FOR IMPORTS,
FOR THE TWELVE MONTH PERIOD MARCH 1974 TO FEBRUARY 1975, THERE WERE INCREASES OF 9.8 PER CENT FOR DOMESTIC EXPORTS, 11.5 PER CENT FOR IMPORTS OVER THOSE OF THE PREVIOUS TWELVE-MONTH PERIOD. HOWEVER, THE VALUE OF RE-EXPORTS DURING THIS PERIOD HAD SLIGHTLY DROPPED BY 0.2 PER CENT.
FOLLOWING ARE THE TRADE FIGURES FOR FEBRUARY IN DETAILS:-
COMPARATIVE FIGURES
FEBRUARY 1975
FEBRUARY 1974
INCREASE OR
DECREASE
$ MN.
$ MN.
$ MN.
%
DOMESTIC EXPORTS
1,273
1,507
234
-15.5
(OF TOTAL EXPORTS)
(72.4%)
(71.8%)
IMPORTS
2,154
2,553
•
399
-15.6
RE-EXPORTS
485
(S OF TOTAL EXPORTS)
(27.6%)
590 (28.2%)
-
105 -17.9
DEC.1974 TO FEB. 1975
DEC.1973 TO FEB, 1974
INCREASE OR
DECREASE
$ MN.
$ MN.
$ MN.
%
DOMESTIC EXPORTS
4,639
5,362
722
-13.5
IMPORTS
7.102
8,043
941
-11.7
RE-EXPODS
1.526
1,787
260 -14.6
/JAN.
FEB.
1975