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SUNDAY, SEPTEMBER 11, 1977
HONG KONG'S EXTERNAL TRADE JANUARY-JULY
******
THE CENSUS AND STATISTICS DEPARTMENT TODAY RELEASED DETAILED TRADE FIGURES FOR THE PERIOD JANUARY TO JULY THIS YEAR. DOMESTIC EXPORTS AMOUNTED TO $19,172 MILLION IN THE SEVEN MONTHS, WHICH SHOWED AN INCREASE OF $1,375 MILLION OR 7.7 PER CENT OVER THE CORRESPOND ING PERIOD OF LAST YEAR. IMPORTS WERE VALUED AT $27,678 MILLION, INCREASING BY 13.9 PER CENT OR $3,368 MILLION. ON THE OTHER HAND RE-EXPORTS GAINED 8.4 PER CENT OR $418 MILLION ON THE SAME PERIOD LAST YEAR.
THE FOLLOWING TABLE SHOWS HONG KONG'S DOMESTIC EXPORTS TO TEN MAJOR TRADING PARTNERS
JAN-JULY 1976 JAN-JULY 1977
INCREASE/DECREASE
PERCENTAGE
(HK$ MN)
(HK$ MN)
(HK$ MN)
CHANGE
U.S.A.
5,993
7,413
+1,421
+23.7%
F.R. OF
GERMANY
2,237
1,986
·
250
-11.2%
UNITED
KINGDOM
1,867
1,619
-
248
-13.3%
JAPAN
745
728
17
- 2.3%
AUSTRALIA
789
710
80
-10,1%
CANADA
776
661
116
-14.9%
SINGAPORE
426
481
55
+13.0%
NETHERLANDS
409
422
13
+ 3.2%
SWEDEN
370
378
8
+ 2.2%
SWITZERLAND
404
334
70
-17.3%
MAJOR INCREASES IN DOMESTIC EXPORTS TO U.S.A. WERE RECORDED IN MISCELLANEOUS MANUFACTURED ARTICLES (+ $433 MILLION OR 39.3 PER CENT) WHICH WERE MAINLY COMPOSED OF PLASTIC TOYS AND DOLLS (+ $217 MILLION OR + 49.8 PER CENT). ELECTRICAL MACHINERY, APPARATUS AND APPLIANCES INCREASED BY $408 MILLION OR 37.7 PER CENT. THIS INCREASE WAS MAINLY ACCOUNTABLE BY A $120 MILLION INCREASE IN ALL TRANSISTORIZED RADIOS AND ANOTHER $100 MILLION INCREASE IN ELECTRONIC COMPONENTS AND PARTS FOR COMPUTERS, DOMESTIC EXPORTS OF CLOTHING MAINTAINED A FAVOURABLE GROWTH RATE OF 15.4 PER CENT OR AN INCREASE OF $401 MILLION, HOWEVER, TEXTILE PRODUCTS DECLINED AT 9.6 PER CENT.
DOMESTIC EXPORTS TO WEST GERMANY AND BRITAIN WERE DECREASING BECAUSE OF A DROP OF 22.2 PER CENT AND 24.7 PER CENT IN DOMESTIC EXPORTS OF CLOTHING TO THE TWO COUNTRIES RESPECTIVELY. ON THE CONTRARY, DOMESTIC EXPORTS OF ELECTRICAL MACHINERY, APPARATUS AND APPLIANCES AND MISCELLANEOUS MANUFACTURED ARTICLES TO THESE TWO MARKETS RECORDED SIGNIFICANT INCREASES.
/DOMESTIC ...........