Cu
FRIDAY, AUGUST 11, 1989
1988,
THE
COMPARING THE FIRST HALF OF 1989 WITH THE SAME PERIOD IN DOMESTIC EXPORTS TO MOST MAJOR MARKETS INCREASED IN VALUE TERMS. MARKETS WITH MORE SIGNIFICANT GROWTH IN DOMESTIC EXPORTS INCLUDED AND CHINA (+28 PER CENT) JAPAN (+24 FER CENT). TAIWAN (+16 PER CENT) SINGAPORE (+15 PER CENT),
HOWEVER, THOSE TO THE FEDERAL REPUBLIC OF GERMANY AND THE USA DECREASED BY 4 PER CENT AND 1 PER CENT RESPECTIVELY.
IMPORTS IN THE FIRST HALF OF 1989 FROM ALL MAJOR SUPPLIERS
VALUE INCREASED IN
TERMS COMPARED WITH THE SAME PERIOD IN 1988.
SIGNIFICANT INCREASES WERE RECORDED IN IMPORTS FROM ITALY (+41 PER CENT), SINGAPORE (+35 PER CENT), CHINA (+34 PER CENT), TAIWAN
PER CENT), THE (+27
USA (+24 PER CENT), THE REPUBLIC OF KOREA (+20 PER CENT), JAPAN (+17 PER CENT) AND THE FEDERAL GERMANY (+16 PER CENT).
REPUBLIC
OF
USA,
PER
CENT
OVER THE SAME PERIOD OF COMPARISON, RE-EXPORTS TO THE FEDERAL REPUBLIC
THE OF GERMANY, ITALY, THE UNITED KINGDOM, AUSTRALIA,
BY 63 CHINA INCREASED SUBSTANTIALLY IN VALUE TERMS, JAPAN AND CENT, 56 PER CENT, 50 PER CENT, 50 PER CENT, 45 PER CENT, 40 PER AND 35 PER CENT RESPECTIVELY.
ALL TRADE STATISTICS PRESENTED HERE ARE MEASURED AT CURRENT BETWEEN PRICES AND NO ACCOUNT HAS BEEN TAKEN OF THE CHANGES IN PRICES THE PERIODS OF COMPARISON. A SEPARATE ANALYSIS OF THE PRICE AND VOLUME MOVEMENTS OF EXTERNAL TRADE IN JUNE 1989 WILL BE
IN RELEASED
EARLY SEPTEMBER 1989.
THE CHANGES IN DOMESTIC EXPORTS TO HONG KONG'S 10 MAJOR MARKETS ARE SHOWN IN TABLE 1.
COMPARING THE FIRST HALF OF 1989 WITH THE SAME PERIOD IN 1988, NOTABLE INCREASES IN DOMESTIC EXPORTS WERE REGISTERED FOR OFFICE MACHINES AND AUTOMATIC DATA PROCESSING EQUIPMENT (BY $1,031 MILLION OR 17 PER CENT); ARTIFICIAL RESINS AND PLASTIC MATERIALS, AND CELLULOSE ESTERS AND ETHERS (BY $641 MILLION OR 61 PER CENT); AND TEXTILES $493 MILLION OR 7 PER CENT). DOMESTIC EXPORTS OF CLOTHING INCREASED BY $1,950 MILLION OR 7 PER CENT.
(BY
HOWEVER, DECREASES WERE RECORDED FOR MISCELLANEOUS MANUFACTURED ARTICLES (BY $220 MILLION OR 2 PER CENT) AND SANITARY, PLUMBING, HEATING AND LIGHTING FIXTURES AND FITTINGS (BY $96 MILLION OR 13
CENT).
TABLE 2 ILLUSTRATES THE CHANGES IN DOMESTIC MAJOR COMMODITY DIVISIONS.
PER
EXPORTS OF THE
THE CHANGES IN IMPORTS FROM HONG KONG'S 10 SUMMARISED IN TABLE 3.
MAJOR SUPPLIERS ARE
1988,
COMPARING THE FIRST HALF OF 1989 WITH THE SAME PERIOD IN INCREASES IN THE VALUE OF IMPORTS WERE RECORDED IN ALL MAJOR COMMODITY DIVISIONS.
THE MORE