WEDNESDAY, OCTOBER 26, 1988
- 33
PROVISIONAL TRADE FIGURES FOR SEPTEMBER 1988
HONG
KONG'S
TRADE EXTERNAL 1988 OVER A YEAR EARLIER, SEPTEMBER RECORDED FOR RE-EXPORTS AND IMPORTS, IN DOMESTIC EXPORTS.
SHOWED
WITH
GROWTH SIGNIFICANT
SUBSTANTIAL INCREASES AND RELATIVELY SLOWER INCREASE
IN
TRADE
FIGURES RELEASED
THIS IS SHOWN IN THE PROVISIONAL TODAY BY THE CENSUS AND STATISTICS DEPARTMENT,
THE VALUE OF DOMESTIC EXPORTS MILLION, $2,107 MILLION OR 11.8 PER
RE-EXPORTS 1987, WHILE THE VALUE OF $9,728 MILLION TO $26,230 MILLION.
↑
IN SEPTEMBER 1988 WAS $19,950 CENT HIGHER THAN IN SEPTEMBER
BY INCREASED
59 PER CENT OR
RE-EXPORTS),
$11,835 MILLION
OR
THE VALUE OF TOTAL EXPORTS (DOMESTIC EXPORTS PLUS
WAS THUS AT $46,180 MILLION IN SEPTEMBER 1988, 34.5 PER CENT HIGHER THAN IN SEPTEMBER 1987.
$11,931 MILLION
THE VALUE OF IMPORTS GREW BY 36.4 PER CENT OR OVER A YEAR EARLIER, TO $44,697 MILLION IN SEPTEMBER 1988.
SURPLUS
THE VISIBLE TRADE BALANCE IN SEPTEMBER 1988 RECORDED A OF $1,483 MILLION, EQUIVALENT TO 3.3 PER CENT OF THE VALUE OF IMPORTS.
EQUIVALENT то
THIS COMPARES WITH A SURPLUS OF $1,579 MILLION, 4.8 PER CENT OF THE VALUE OF IMPORTS, RECORDED IN SEPTEMBER 1987.
SEPTEMBER IN
PERSPECTIVE,
PUTTING THE TRADE FIGURES FOR VALUE OF TOTAL EXPORTS IN THE FIRST NINE MONTHS OF 1988 MILLION, MADE UP OF DOMESTIC RE-EXPORTS OF $192,955 MILLION.
EXPORTS
OF
THE WAS $349,328 AND $156,373 MILLION
PER 10.8
1987, IN VALUE TERMS OR 29.3 PER CENT, DOMESTIC
AND RE-EXPORTS CENT,
BY
IMPORTS GREW BY $84,459
COMPARED WITH THE FIRST NINE MONTHS OF TOTAL EXPORTS GREW BY $79,113 MILLION EXPORTS BY $15,234 $63,879 MILLION OR 49.5 PER CENT.
MILLION
OR
OF
OVER THE SAME PERIOD, THE VALUE MILLION OR 31.2 PER CENT, TO $354,609 MILLION.
TRADE DEFICIT
$5,281 OF
ΤΟ NINE
EQUIVALENT MILLION, A VISIBLE 1.5 PER CENT OF THE VALUE OF. IMPORTS, WAS RECORDED IN THE FIRST MONTHS OF 1988.
DURING THE SAME PERIOD LAST YEAR,
THE VISIBLE TRADE ACCOUNT WAS VIRTUALLY IN BALANCE, WITH A SURPLUS OF ONLY $65 MILLION.
FIGURES,
A
GOVERNMENT
SECRETARIAT
TERMS,
COMMENTING
THESE ON SPOKESMAN SAID THAT ALTHOUGH THE YEAR-ON-YEAR GROWTH RATE OF DOMESTIC
CENT IN VALUE
WAS EXPORTS IN THE THIRD QUARTER, AT 9.8 FER SLIGHTLY HIGHER THAN THE CORRESPONDING GROWTH RATE OF 8.9 PER CENT THE SECOND QUARTER, IT WAS LOWER THAN THE GROWTH CENT RECORDED IN THE FIRST QUARTER OF THIS YEAR.
RATE OF 14.6
/AFTER DISCOUNTING ....
IN
PER
T