2
SATURDAY, DECEMBER 24, 1988
WAS MERELY A TOWARDS THE END
HOWEVER, MORE OBSERVATIONS WERE NEEDED TO ASCERTAIN WHETHER THE HIGHER GROWTH RATE WOULD BE SUSTAINABLE, OR WHETHER IT TEMPORARY UPSURGE AS MANUFACTURERS RUSHED SHIPMENTS OF THE YEAR.
ALSO POINTED THE SPOKESMAN
OUT THAT AS A RESULT OF THE THE VALUE OF CONTINUED RAPID GROWTH IN RE-EXPORTS, 55.7 PER CENT OF
OF 1988 WAS TAKEN TOTAL EXPORTS DURING THE FIRST 11 MONTHS
UP BY SAME PERIOD LAST RE-EXPORTS, COMPARED WITH 48.1 PER CENT DURING THE YEAR.
THE FOLLOWING TABLE PRESENTS THE PROVISIONAL MERCHANDISE FIGURES FOR NOVEMBER 1988.
TRADE
MERCHANDISE:
DOMESTIC EXPORTS : $20,052 MILLION
RE-EXPORTS
:
$27,706 MILLION
TOTAL EXPORTS
IMPORTS
:
TRADE BALANCE
$47,758 MILLION $48,226 MILLION 468 MILLION
[IN DEFICIT]
COMPARATIVE FIGURES
SEP 88
SEP 87
LATEST 3 MONTHS
ΤΟ NOV 88
TO NOV 87
INCREASE
HK$ MN.
HK$ MN.
HK$ MN.
X
DOMESTIC EXPORTS
60,068
53,108
6,960
13.1
RE-EXPORTS
80,557
51,150
29,407
57.5
TOTAL EXPORTS
140,625
104,258
36,367
34.9
IMPORTS
138,703
101,746
36,957 36.3
TRADE BALANCE
1,922
2,512
-590
SAME MONTH LAST YEAR
NOVEMBER 1988
HK$ MN.
NOVEMBER 1987 HK$ MN.
INCREASE
HK$ MN.
%
DOMESTIC EXPORTS
20,052
17,077
2,975
17.4
(% OF TOTAL EXPORTS)
(42.0%)
(49.3%)
RE-EXPORTS
27,706
17,567
10,139
57.7
TOTAL EXPORTS
47,758
34.644
13, 114
37.9
IMPORTS
48,226
34,270
13,956
40.7
TRADE BALANCE
-468
374
-842
/LAST MONTH