TUESDAY, JANUARY 27, 1976
VALUE OF DECEMBER EXPORTS UP BY $561 MILLION
******
THE VALUE OF HONG KONG'S DOMESTIC EXPORTS IN DECEMBER LAST YEAR AMOUNTED TO $2,292 MILLION, ACCORDING TO PROVISIONAL FIGURES RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY.
THIS REPRESENTED AN INCREASE OF $561 MILLION OR 32.4 PER CENT, BY VALUE, COMPARED WITH DECEMBER 1974.
THE VALUE OF IMPORTS AT 3,438 MILLION WAS 35.3 PER CENT MORE THAN THAT FOR DECEMBER 1974, WHILE RE-EXPORTS WERE UP BY 18.9 PER CENT TO $626 MILLION.
COMMENTING ON THESE FIGURES, A SPOKESMAN FOR THE COMMERCE AND INDUSTRY DEPARTMENT SAID THAT HONG KONG'S EXTERNAL TRADE HAD CONTINUED TO RECOVER SINCE SEPTEMBER.
FIGURES FOR THE LAST QUARTER OF 1975 SHOWED SIGNIFICANT INCREASES, BY VALUE, COMPARED WITH THE SAME QUARTER OF 1974, OF 27.5 PER CENT FOR DOMESTIC EXPORTS, 29 PER CENT FOR IMPORTS AND 18.6 PER CENT FOR RE-EXPORTS.
HOWEVER, BECAUSE OF THE DECLINE IN EARLIER MONTHS OF THE YEAR, THE VALUE FIGURES FOR THE WHOLE YEAR OF 1975 COMPARED WITH 1974 SHOWED DECREASES OF 0.2 PER CENT FOR DOMESTIC EXPORTS, 1.9 PER CENT FOR IMPORTS AND 2.1 PER CENT FOR RE-EXPORTS, THE SPOKESMAN SAID.
NOTE TO EDITORS: THE FOLLOWING TABLE WITH COMPARATIVE FIGURES
IS GIVEN FOR YOUR EASY REFERENCE
DOMESTIC EXPORTS $2,292 MILLION
IMPORTS
: $3,438 MILLION
626 MILLION
RE-EXPORTS
COMPARATIVE FIGURES
DECEMBER 1975
DECEMBER 1974
$ MN.
DOMESTIC EXPORTS
2,292
1,732
MN.
INCREASE OR
DECREASE
$ MN. %
561 + 32.4
(% OF TOTAL EXPORTS)(78,5%)
(76.7%)
IMPORTS
RE-EXPORTS
3,438
2,542
896
+ 35.3
626
527
100.
+ 18.9
(% OF TOTAL EXPORTS) (21.5%)
(23.3%)
/OCT.
DEC.