MONDAY, SEPTEMBER 18, 1978
EXTERNAL TRADE FIGURES FOR JANUARY-JULY 1978
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THE VALUE OF HONG KONG'S DOMESTIC EXPORTS FOR THE FIRST SEVEN MONTHS THIS YEAR INCREASED BY NINE PER CENT TO $20,992 MILLION COMPARED WITH THE SAME PERIOD LAST YEAR, ACCORDING TO THE LATEST EXTERNAL TRADE FIGURES RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT.
THE FIGURES ALSO SHOWED THAT THE VALUE OF IMPORTS INCREASED BY 20 PER CENT TO $33,306 MILLION AND THE RE-EXPORTS WERE WORTH $6,915 MILLION, REGISTERING A 27 PER CENT INCREASE.
DOMESTIC EXPORTS TO 10 MAJOR OVERSEAS MARKETS ARE AS FOLLOWS:-
JAN.-JULY 77
(HK$ MN)
JAN.-JULY 78 (HK$ MN)
INCREASE (HK$ MN)
PERCENTAGE CHANGE
U.S.A.
7,413
8.142
+ 729
+ 10%
F.R. OF GERMANY
1,986
2,175
+ 188
9%
UNITED KINGDOM
1,619
1,888
+ 269
+ 17%
JAPAN
728
822
94
+ 13%
AUSTRALIA
710
744
34
5%
CANADA
661
682
22
+ 3%
SINGAPORE
481
542
61
+ 13%
THE NETHERLANDS
422
464
42
+ 10%
SWITZERLAND
334
385
51
+ 15%
NIGERIA
222
336
+ 114
+ 51%
THE RISE IN DOMESTIC EXPORTS TO U.S.A. WAS MAINLY DUE TO INCREASED SHIPMENTS OF APPAREL AND CLOTHING ACCESSORIES ($3,379. MILLION, +12%) AS WELL AS WATCHES AND CLOCKS ($367 MILLION,' +47%). HOWEVER THIS WAS SOMEWHAT OFFSET BY DECREASES OF 37 PER CENT IN RADIO RECEIVERS AND 19 PER CENT IN TEXTILE YARN, FABRICS, MADE-UP ARTICLES AND RELATED PRODUCTS.
DOMESTIC EXPORTS OF APPAREL AND CLOTHING ACCESSORIES TO
F.R. OF GERMANY INCREASED BY 10 PER CENT, TO $1,281 MILLION AND THE INCREASE IN EXPORTS OF WATCHES AND CLOCKS WAS 122 PER CENT.
FOR THE UNITED KINGDOM, EXPORTS OF TEXTILE FABRICS ROSE BY 12 PER CENT TO $169 MILLION. INCREASE IN SALES OF APPAREL AND CLOTHING ACCESSORIES ($986 MILLION, +24%) AND WATCHES AND CLOCKS ($99 MILLION, +77%) WERE ALSO RECORDED.
EXPORT SALES TO JAPAN WERE ALSO BOOSTED BY INCREASED DELIVERIES OF CLOTHING ($204 MILLION, +9%) AND WATCHES AND CLOCKS ($58 MILLION, +82%),
AN ANALYSIS.....