3
WEDNESDAY, NOVEMBER 22, 1978
PROVISIONAL TRADE FIGURES FOR OCTOBER
******
THE VALUE OF HONG KONG'S DOMESTIC EXPORTS FOR LAST MONTH (OCTOBER) WAS $3,806 MILLION, IMPORTS WERE WORTH $5,605 MILLION AND RE-EXPORTS $1.238 MILLION, ACCORDING TO PROVISIONAL TRADE FIGURES RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY.
THE TRADE DEFICIT FOR THE MONTH WAS $561 MILLION.
THE FIGURES FOR THE PERIOD AUGUST TO OCTOBER 1978 (LATEST THREE MONTHS) SHOWED INCREASES, BY VALUE, OF 25.6 PER CENT FOR DOMESTIC EXPORTS, 38.8 PER CENT FOR IMPORTS AND 41.9 PER CENT FOR RE-EXPORTS, COMPARED WITH THE SAME PERIOD IN 1977.
COMPARED WITH OCTOBER IN 1977, INCREASES, BY VALUE, OF $905 MILLION OR 31.2 PER CENT IN EXPORTS, $1,327 MILLION OR 31 PER CENT IN IMPORTS AND $341 MILLION OR 38.1 PER CENT IN RE-EXPORTS WERE RECORDED.
THE SHORT TERM CHANGES (OCTOBER 1978 COMPARED WITH SEPTEMBER 1978) SHOWED INCREASES OF $69 MILLION OR 1.9 PER CENT FOR DOMESTIC EXPORTS, $100 MILLION OR 1.8 PER CENT FOR IMPORTS AND $38 MILLION OR 3.2 PER CENT FOR RE-EXPORTS.
THE FIGURES FOR THE 12-MONTH PERIOD FROM NOVEMBER 1977 TO OCTOBER 1978 COMPARED WITH THOSE FOR THE PREVIOUS 12-MONTH PERIOD SHOWED INCREASES, BY VALUE, OF 14.4 PER CENT FOR DOMESTIC EXPORTS, 24.8 PER CENT FOR IMPORTS AND 29 PER CENT FOR RE-EXPORTS.
FOLLOWING ARE COMPARATIVE TRADE FIGURES -
LATEST 3 MONTHS
AUG.-OCT.
1978
AUG.-OCT.
1977
INCREASE OR
DECREASE
$ MN.
$ MN.
$ MN.
96
DOMESTIC EXPORTS
11,558
9,200
+2,358
+25.6
IMPORTS
16,349
11,781
+4,568
+38.8
RE-EXPORTS
3,634
2,561
+1,073
+41.9
TRADE BALANCE
-1,157
-20
-1,137
SALE KONNE