SATURDAY, MAY 25, 1991
1
PROVISIONAL TRADE FIGURES FOR APRIL RELEASED
IN
HONG KONG'S TRADE PERFORMANCE IN APRIL WAS MUCH BETTER THAN
FIGURES. RELEASED TODAY MARCH, ACCORDING TO THE PROVISIONAL TRADE (SATURDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
IN THE GROWTH RATE OF DOMESTIC EXPORTS PICKED UP CONSIDERABLY
RETAINED IMPORTS APRIL, WHILE THAT OF RE-EXPORTS REMAINED ROBUST. ALSO GREW STRONGLY.
THE VALUE OF DOMESTIC EXPORTS IN APRIL GREW BY $1,786 OR 10.9% OVER A YEAR EARLIER, TO $18,193 MILLION.
MILLION
THE VALUE OF RE-EXPORTS GREW EVEN FASTER, BY $10,654 MILLION OR 34.5% TO $41,514 MILLION OVER THE SAME PERIOD.
TOTAL
TAKING DOMESTIC EXPORTS AND RE-EXPORTS TOGETHER, THE VALUE
MILLION OR EXPORTS IN APRIL, AT $59,707 MILLION, WAS $12,440 26.3% HIGHER THAN IN THE SAME MONTH LAST YEAR,
OF
ON THE OTHER HAND, THE VALUE OF IMPORTS ROSE BY $15,177 MILLION OR 30% TO $65,817 MILLION.
OF TOTAL AS THE VALUE OF TOTAL EXPORTS WAS SMALLER THAN THAT IMPORTS, A VISIBLE TRADE DEFICIT OF $6,110 MILLION, EQUIVALENT TO 9.3% OF THE VALUE OF IMPORTS, WAS RECORDED IN APRIL 1991.
THIS COMPARES WITH A DEFICIT OF $3,373 MILLION, EQUIVALENT 6.7% OF THE VALUE OF IMPORTS, RECORDED A YEAR EARLIER.
ΤΟ
DOMESTIC EARLIER, TO
PUTTING THESE FIGURES INTO PERSPECTIVE, THE VALUE OF EXPORTS INCREASED BY $3,827 MILLION OR 6.1% OVER A YEAR $66,694 MILLION IN THE FIRST FOUR MONTHS OF 1991 COMBINED.
THE VALUE OF RE-EXPORTS INCREASED BY $31,864 MILLION OR TO $145,873 MILLION OVER THE SAME PERIOD.
FIRST
FOUR
27.9%
MONTHS,
AT
THE VALUE OF TOTAL EXPORTS IN THE $212,567 MILLION, WAS THUS $35,691 MILLION OR 20.2% HIGHER THAN IN THE SAME PERIOD LAST YEAR.
MEANWHILE, IMPORTS GREW BY $45,171 MILLION OR 24.6% TO $228,492
MILLION.
IN THE FIRST FOUR MONTHS OF 1991 COMBINED,
OF $15,925 MILLION, EQUIVALENT TO 7.0%
DEFICIT IMPORTS,
WAS RECORDED.
A VISIBLE TRADE OF THE VALUE OF
THE DEFICIT RECORDED IN THE SAME PERIOD LAST YEAR MILLION, EQUIVALENT TO 3.5% OF THE VALUE OF IMPORTS.
WAS $6,445
SPOKESMAN MARKED
COMMENTING ON THE LATEST TRADE FIGURES, A GOVERNMENT POINTED OUT THAT THE PERFORMANCE OF DOMESTIC EXPORTS SHOWED A IMPROVEMENT IN APRIL.
/THIS WAS