WEDNESDAY, DECEMBER 31, 1975

HONG KONG'S EXTERNAL TRADE CONTINUES TO IMPROVE ******

THE VALUE OF HONG KONG'S DOMESTIC EXPORTS IN NOVEMBER CONTINUED TO SHOW AN INCREASE FOR THE THIRD MONTH RUNNING AFTER ELEVEN MONTHS OF DECLINE.

PROVISIONAL TRADE FIGURES ISSUED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT SHOW THAT DOMESTIC EXPORTS IN NOVEMBER WENT UP BY $445 MILLION OR 24.6 PER CENT BY VALUE COMPARED WITH NOVEMBER 1974. TOTAL EXPORTS FOR THE MONTH WERE VALUED AT $2,255 MILLION.

AT THE SAME TIME, THE VALUE OF IMPORTS INCREASED BY 20.4 PER CENT TO $3,100 MILLION WHILE RE-EXPORTS WENT UP IN VALUE BY

15.8 PER CENT TO $656 MILLION COMPARED WITH NOVEMBER LAST YEAR.

FIGURES FOR THE PERIOD FROM JANUARY TO NOVEMBER SHOWED DECREASES BY VALUE OF 2.9 PER CENT FOR DOMESTIC EXPORTS, 4.9 PER CENT FOR IMPORTS AND 3.8 PER CENT FOR RE-EXPORTS COMPARED WITH THE SAME PERIOD LAST YEAR.

THE VALUE FIGURES FOR THE 12-MONTH PERIOD FROM DECEMBER 1974 TO NOVEMBER 1975 SHOWED DECREASES OF 3.6 PER CENT FOR DOMESTIC EXPORTS, 5.9 PER CENT FOR IMPORTS AND 4.8 PER CENT FOR RE-EXPORTS COMPARED WITH THE PREVIOUS 12-MONTH PERIOD.

THE FOLLOWING TABLE GIVES THE COMPARATIVE FIGURES:

NOVEMBER 1975

NOVEMBER 1974

INCREASE OR

DECREASE

$ MN.

$ MN.

$ MN.

96

DOMESTIC EXPORTS

2,255

(% OF TOTAL EXPORTS)

(77.5%)

1,811 (76.2%)

+ 445 + 24.6

IMPORTS

3,100

2,574

525

+ 20.4

RE-EXPORTS

(% OF TOTAL EXPORTS)

656 (22.5%)

567 (23.8%)

89

15.8

SEPT.-NOV.

SEPT.-NOV.

1975

1974

INCREASE OR

DECREASE

$ MN.

$ MN.

$ MN.

*

DOMESTIC EXPORTS

6,636

5,416

+1,220

22.5

IMPORTS

9,476

7,707

+1,769

23.0

RE-EXPORTS

1,893

1

1,686

208

+ 12.3

/JAN.

NOV.

Share This Page