1
—
SUNDAY, DECEMBER 11, 1977
HONG KONG'S EXTERNAL TRADE FOR FIRST TEN MONTHS THIS
YEAR *****
HONG KONG EXPORTED $28,372 MILLION WORTH OF GOODS DURING THE FIRST TEN MONTHS OF THIS YEAR= IMPORTS WERE $39,460 MILLION AND RE-EXPORTS $7,986 MILLION.
ACCORDING TO TRADE FIGURES RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY. DOMESTIC EXPORTS GREW BY 6.1 PER CENT OVER THE CORRESPONDING PERIOD LAST YEAR. IMPORTS INCREASED BY 11.1 PER CENT AND RE-EXPORTS UP BY 9.4 PER CENT COMPARED WITH SAME PERIOD LAST YEAR.
THE FOLLOWING TABLE SHOWS HONG KONG'S DOMESTIC EXPORTS TO ITS TEN MAJOR TRADING PARTNERS:
JAN.-OCT.
1976
(HK$ MN)
JAN.-OCT.
1977 (HK$ MN)
INCREASE/ DECREASE (HK$ MN)
PERCENTAGE
CHANGE
U.S.A.
9,295
11,165
+ 1,870
+ 20.1%
F.R. OF GERMANY
3,226
2,849
377
-
11.7%
UNITED KINGDOM
2,663
2,344
319
-
12.0%
JAPAN
1,186
1,138
1
49
4.1%
AUSTRALIA
1,146
1,038
98
8.5%
CANADA
1,168
965
203
-
17.4%
SINGAPORE
642
730
+
89
+ 13.8%
NETHERLANDS
592
591
1
0.1%
SWEDEN
576
502
75
13.0%
SWITZERLAND
533
461
72
13.5%
DECLINES WERE RECORDED IN DOMESTIC EXPORTS TO SEVERAL MAJOR MARKETS. HOWEVER, THIS DROP WAS MORE THAN OFFSET BY THE GROWTH IN EXPORTS TO THE UNITED STATES, MAINLY OF A 15 PER CENT INCREASE IN CLOTHING, 37.1 PER CENT IN PLASTIC TOYS AND DOLLS AND 28.1 PER CENT IN ELECTRICAL MACHINERY, APPARATUS AND APPLIANCES.
/AN ANALYSIS OF