·
2
TUESDAY, OCTOBER 11, 1988
DOMESTIC EXPORTS TO THE
HOWEVER,
U.S.A., HONG KONG'S LARGEST DOMESTIC EXPORTS MARKET, DECREASED BY 8 PER CENT IN VALUE TERMS.
IMPORTS FROM MOST MAJOR SUPPLIERS INCREASED IN VALUE TERMS IN AUGUST 1988 OVER AUGUST 1987, ESPECIALLY THOSE FROM THE REPUBLIC OF KOREA (+76 PER CENT), JAPAN (+40 PER CENT), THE U.S.A. (+38 PER CENT), CHINA (+35 PER CENT), THE FEDERAL REPUBLIC OF GERMANY (+31 PER CENT) AND TAIWAN (+31 PER CENT).
RE-EXPORTS TO JAPAN, CHINA, THE U.S.A., AUSTRALIA, TAIWAN, THE FEDERAL REPUBLIC OF GERMANY, THE UNITED KINGDOM AND SINGAPORE INCREASED SUBSTANTIALLY IN VALUE TERMS OVER THE SAME PERIOD OF COMPARISON BY 108 PER CENT, 71 PER CENT, 58 PER CENT, 57 PER CENT, 49 PER CENT, 49 PER CENT, 47 PER CENT AND 45 PER CENT RESPECTIVELY. THE VALUE OF RE-EXPORTS TO THE REPUBLIC OF KOREA ALSO INCREASED, BY 34 PER CENT.
IN
TOTAL MERCHANDISE TRADE IN JANUARY TO AUGUST 1988, AT $613,059 MILLION, INCREASED BY 30 PER CENT AS COMPARED WITH THE SAME PERIOD 1987.
DURING THE SAME PERIOD OF COMPARISON, THE VALUE OF DOMESTIC EXPORTS INCREASED BY 11 PER CENT TO $136,423 MILLION, WHILE RE-EXPORTS INCREASED BY 48 PER CENT TO $166,725 MILLION. THUS, THE VALUE OF TOTAL EXPORTS INCREASED BY 29 PER CENT ΤΟ $303,147 MILLION. IMPORTS INCREASED BY 31 PER CENT TO $309,912 MILLION.
COMPARING JANUARY TO AUGUST 1988 WITH THE SAME PERIOD IN DOMESTIC EXPORTS TO MOST MAJOR MARKETS INCREASED IN VALUE TÉRMS.
1987,
THE MARKETS WITH MORE SIGNIFICANT GROWTH IN DOMESTIC EXPORTS INCLUDED SINGAPORE (+38 PER CENT), CHINA (+34 PER CENT), THE NETHERLANDS (+23 PER CENT), THE UNITED KINGDOM (+22 PER CENT), FRANCE (+19 PER CENT), JAPAN (+14 PER CENT), THE FEDERAL REPUBLIC OF GERMANY (+13 PER CENT) AND AUSTRALIA (+12 PER CENT).
ON THE OTHER HAND, DOMESTIC EXPORTS ΤΟ HONG KONG'S MARKET, THE U.S.A., DECREASED BY 4 PER CENT IN VALUE TERMS.
LARGEST
IMPORTS IN JANUARY TO AUGUST 1988 FROM ALL MAJOR SUPPLIERS INCREASED IN VALUE TERMS WHEN COMPARED WITH THE SAME PERIOD IN 1987.
SIGNIFICANT INCREASES WERE RECORDED IN IMPORTS FROM THE REPUBLIC OF KOREA (+52 PER CENT), THE U.S.A. (+35 PER CENT), SWITZERLAND (+33 PER CENT), TAIWAN (+31 PER CENT), CHINA (+29 PER CENT), THE FEDERAL REPUBLIC OF GERMANY (+28 PER CENT) AND SINGAPORE (+ 27 PER CENT). THE VALUE OF IMPORTS FROM JAPAN ALSO INCREASED BV 25 PER CENT.
/DURING THE