SUNDAY, MARCH 27, 1977
3
PROVISIONAL TRADE FIGURES FOR FEBRUARY
*****
THE CENSUS AND STATISTICS DEPARTMENT TODAY (SUNDAY) PUBLISHED THE PROVISIONAL FIGURES FOR HONG KONG'S EXTERNAL MERCHANDISE TRADE DURING FEBRUARY 1977. THE VALUE OF DOMESTIC EXPORTS FOR FEBRUARY WAS $2,254 MILLION, IMPORTS WERE WORTH $3,379 MILLION AND RE-EXPORTS $659 MILLION.
THE FIGURES FOR THE PERIOD DECEMBER 1976 TO FEBRUARY 1977 (LATEST THREE MONTES) SHOWED INCREASES, BY VALUE, COMPARED WITH THE PERIOD DECEMBER 1975 TO FEBRUARY 1976 OF 21.3 PER CENT FOR DOMESTIC EXPORTS, 16.8 PER CENT FOR IMPORTS AND 16.0 PER CENT FOR RE-EXPORTS.
COMPARED WITH THE SAME MONTH IN 1976 INCREASES, BY VALUE, OF $505 MILLION OR 28.9 PER CENT IN EXPORTS, $395 MILLION OR 13.2 PER CENT IN IMPORTS AND $23 MILLION OR 3.6 PER CENT IN RE-EXPORTS WERE RECORDED.
THE SHORT TERM CHANGES, FEBRUARY 1977 COMPARED WITH JANUARY 1977, SHOWED A DECREASE OF $435 MILLION OR 16.2 PER CENT FOR DOMESTIC EXPORTS, THIS DECLINE BEING IN TIME WITH THE NORMAL SEASONAL MOVEMENT FOLLOWING CHINESE NEW YEAR HOLIDAYS. IMPORTS DECLINED BY $453 MILLION OR 11.8 PER CENT AND RE-EXPORTS BY $181 MILLION OR 21.6 PER CENT.
THE FIGURES FOR THE 12-MONTH PERIOD FROM MARCH 1976 TO FEBRUARY 1977 COMPARED WITH THOSE OF THE PREVIOUS 12-MONTH PERIOD SHOWED INCREASES, BY VALUE, OF 36.9 PER CENT FOR DOMESTIC EXPORTS, 26.1 PER CENT FOR IMPORTS AND 23.5 PER CENT FOR RE-EXPORTS.
THE FOLLOWING TRADE TABLE GIVES THE COMPARATIVE FIGURES:
LATEST 3 MONTHS
DECEMBER 1976
ΤΟ FEBRUARY 1977
DECEMBER 1975
TO FEBRUARY 1976
INCREASE OR
DECREASE
$ MM.
$ MN.
$ MN.
*
DOMESTIC EXPORTS
8,036
6,624
+ 1,412 + 21.3
IMPORTS
11,276
9,657
+ 1,618 + 16.8
RE-EXPORTS
2,312
1,992
SAME MONTH LAST YEAR
FEBRUARY 1977
FEBRUARY 1976
$ MN.
$ MN.
DOMESTIC EXPORTS
2,254
(% OF TOTAL EXPORTS)
(77.4%)
1,749 (73.3%)
320 + 16.0
INCREASE OR
DECREASE
$ MN. %
+ 505 +28.9
IMPORTS
3,379
2,983
+ 395
+13.2
RE-EXPORTS
659
{% OF TOTAL EXPORTS)
(22.6%)
636 (26.7%)
+
23
+3.6
/LAST MONTH