2
THURSDAY, OCTOBER 25, 1990
SPOKESMAN
GOVERNMENT A COMMENTING ON THE SEPTEMBER FIGURES, SAID THE PERFORMANCE OF RE-EXPORTS CONTINUED TO BE ROBUST, WHILE DECLINES IN THE VALUE OF DOMESTIC EXPORTS SEEMED TO HAVE MODERATED STABILISED IN RECENT MONTHS.
THE STRONG GROWTH IN RE-EXPORTS WAS LARGELY ATTRIBUTABLE TO RAPID INCREASE IN RE-EXPORTS OF CHINA ORIGIN.
RE-EXPORTS TO CHINA ALSO PICKED UP IN RECENT MONTHS.
THE
OR
A
AS REGARDS RETAINED IMPORTS, A FURTHER SIGNIFICANT INCREASE WAS FOR GROWTH RECORDED IN SEPTEMBER. THEY HAD ALREADY SHOWN POSITIVE
SOME THIS MIGHT SUGGEST
IMPROVEMENT THREE CONSECUTIVE DOMESTIC DEMAND,
THE
MONTHS.
IN
STEMMING FROM ON THE CRISIS
SPOKESMAN, HOWEVER, SAID THAT DEVELOPMENTS THE GULF CRISIS WERE EXPECTED TO HAVE SOME DAMPENING EFFECT DEMAND FOR HONG KONG'S EXPORTS, DEPENDING ON THE IMPACT OF THE ON HONG KONG'S MAJOR OVERSEAS MARKETS, PARTICULARLY THE UNITED STATES.
THE FOLLOWING TABLE PRESENTS THE PROVISIONAL TRADE FIGURES SEPTEMBER 1990:
FOR
MERCHANDISE: DOMESTIC EXPORTS :
RE-EXPORTS
$19,525 MILLION
TOTAL EXPORTS
IMPORTS
TRADE BALANCE
COMPARATIVE FIGURES
LATEST 3 MONTHS
DOMESTIC EXPORTS
RE-EXPORTS
TOTAL EXPORTS
IMPORTS
TRADE BALANCE
$35,100 MILLION $54,625 MILLION $53,852 MILLION $773 MILLION
[IN SURPLUS ]
JUL 90 TO SEP 90 HK$ MN.
JUL 89 TO
INCREASE
SEP 89 HK$ MN.
HK$ MN.
%
61,062
61,870
-808
-1.3
109,597
93,692
15,905
17.0
170,659
155,562
15,097
9.7
164,036
143,607
20,429
14.2
6,623
11,955
-5,332
SAME MONTH LAST YEAR
SEPTEMBER 1990 HK$ MN.
SEPTEMBER 1989 HK$ MN,
INCREASE
HK$ MN.
DOMESTIC EXPORTS
(% OF TOTAL EXPORTS)
19,525
19,542
-17
-0.1
(35.7%)
(39.1%)
RE-EXPORTS
TOTAL EXPORTS
IMPORTS
35,100
30,435
4,665
15.3
54,625
49,977
4,648
9
3
+
53,852
46,908
6,944
14.8
TRADE BALANCE
773
3,069
-2,296
/LAST MONTH