1
10
MONDAY, APRIL 27, 1987
THE VERY RAPID GROWTH IN RE-EXPORTS IN THE FIRST QUARTER OF 1987 WAS LARGELY ATTRIBUTABLE TO THE FLOURISHING ENTREPOT TRADE WITH CHINA, WHICH FEATURED PROMINENTLY BOTH AS A SOURCE AND AS A MARKET FÖR HONG KONG'S RE-EXPORTS.
THE SPOKESMAN ADDED THAT, GIVEN THE STRONG GROWTH IN IMPORTS, THE GROWTH MOMENTUM OF EXPORTS WAS LIKELY TO BE SUSTAINED IN THE COMING MONTHS.
THE FOLLOWING TABLE PRESENTS THE PROVISIONAL MERCHANDISE TRADE FIGURES FOR MARCH 1987:
MERCHANDISE:
DOMESTIC EXPORTS: RE-EXPORTS
TOTAL EXPORTS
IMPORTS
TRADE BALANCE
$14 483 MILLION
$13 864 MILLION
$28 347 MILLION
$30 731 MILLION
$2 384 MILLION (IN DEFICIT)
COMPARATIVE FIGURES
JAN 87 TO
JAN 86 TO
INCREASE
LATEST 3 MONTHS
MAR 87
HK$ MN.
MAR 86 HK$ MN.
HK$ MN.
%
DOMESTIC EXPORTS
38 528
29 146
9 382
32.2
(% OF TOTAL EXPORTS)
(51.4%)
(54.8%)
RE-EXPORTS
36 484
24 005
12 479
52.0
TOTAL EXPORTS
75 012
53 151
21 861
41.1
IMPORTS
78 366
55 672
22 694
40.8
TRADE BALANCE
-3 354
-2 521
-833
SAME MONTH LAST YEAR
MARCH
1987
HK$ MN.
MARCH 1986 HK$ MN.
INCREASE
HK$ MN.
%%
DOMESTIC EXPORTS
14 483
(% OF TOTAL EXPORTS)
(51.1%)
10 269 (54.5%)
4 214
41.0
/RE-EXPORTS
13 864