MONDAY, APRIL 25, 1988
ANALYSIS OF HONG KONG'S RE-EXPORT TRADE IN 1987
THE CENSUS AND STATISTICS DEPARTMENT TODAY (MONDAY) RELEASED SUMMARY ANALYSIS OF HONG KONG'S RE-EXPORTS IN 1987 BY MARKET AND COUNTRY OF ORIGIN, THIS SHOWS THAT HONG KONG'S RE-EXPORTS AMOUNTED $182,780 MILLION IN 1987, A RISE OF 49 PER CENT COMPARED WITH 1986.
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RE-EXPORTS BY MARKET
THE CHANGES IN THE VALUE OF RE-EXPORTS TO 10 MAJOR MARKETS GIVEN IN TABLE 1.
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CHINA AND THE UNITED STATES OF AMERICA CONTINUED TO BE THE TWO LARGEST MARKETS FOR HONG KONG'S RE-EXPORTS, ABSORBING 33 PER CENT AND 18 PER CENT RESPECTIVELY OF THE TOTAL RE-EXPORTS IN 1987. JAPAN, TAIWAN AND THE REPUBLIC OF KOREA EACH ACCOUNTED FOR ANOTHER 5 PER CENT.
COMPARING 1987 WITH 1986, RE-EXPORTS ΤΟ ALL MAJOR MARKETS INCREASED IN VALUE TERMS, WITH THE MORE SIGNIFICANT INCREASES RECORDED FOR THE FEDERAL REPUBLIC OF GERMANY (+106 PER CENT), THE UNITED KINGDOM (+72 PER CENT), TAIWAN (+63 PER CENT), AUSTRALIA (+59 PER CENT) AND THE REPUBLIC OF KOREA (+53 PER CENT).
RE-EXPORTS TO CHINA, THE LARGEST MARKET, INCREASED BY $19,277 MILLION OR 47 PER CENT IN 1987 AS COMPARED WITH 1986.
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ANALYSED BY COMMODITY, INCREASES WERE RECORDED IN TEXTILES 93,576 MILLION OR 32 PER CENT); ELECTRICAL MACHINERY, APPARATUS APPLIANCES AND ELECTRICAL PARTS THEREOF (BY $1,882 MILLION OR 73 PER CENT); AND ARTIFICIAL RESINS, PLASTIC MATERIALS, CELLULOSE ESTERS AND ETHERS (BY $1,712 MILLION OR 147 PER CENT).
HOWEVER, DECREASES WERE RECORDED IN IRON AND STEEL (BY $388 MILLION OR 23 PER CENT} AND ANIMAL AND VEGETABLE OILS AND FATS (PROCESSED) AND WAXES OF ANIMAL OR VEGETABLE ORIGIN (BY $45 MILLION OR 88 PER CENT).
RE-EXPORTS TO THE USA, THE SECOND LARGEST MARKET FOR HONG KONG'S RE-EXPORTS, INCREASED BY $10,092 MILLION OR 45 PER CENT.
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COMMODITIES WITH SIGNIFICANT INCREASES INCLUDED MISCELLANEOUS MANUFACTURED ARTICLES, INCLUDING MAINLY BABY CARRIAGES TOYS, GAMES AND SPORTING GOODS (BY $3,482 MILLION OR 67 PER CENT); TELECOMMUNICATIONS AND SOUND RECORDING AND REPRODUCING APPARATUS AND
EQUIPMENT (BY $1,336 MILLION OR 188 PER CENT); AND ELECTRICAL
MACHINERY, APPARATUS AND APPLIANCES, AND ELECTRICAL PARTS THEREOF $1,209 MILLION OR 94 PER CENT).
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/HOWEVER, DECREASES