N
SATURDAY, MAY 25, 1991
THIS WAS PRECEDED BY A CONTINUED MARKED INCREASE IN RETAINED IMPORTS OF RAW MATERIALS AND SEMI-MANUFACTURES IN RECENT MONTHS.
RESULT T ΤΟ
MOREOVER, RE-EXPORTS CONTINUED TO GROW STRONGLY. AS A THE SHARE OF RE-EXPORTS IN THE VALUE OF TOTAL EXPORTS ROSE FURTHER, 69% IN THE FIRST FOUR MONTHS OF 1991.
IT WAS ALSO ENCOURAGING TO NOTE THAT, AS AN INDICATOR OF THE LEVEL OF DOMESTIC DEMAND AND OF THE UPCOMING DOMESTIC EXPORT PERFORMANCE, RETAINED IMPORTS RECORDED YEAR-ON-YEAR GROWTH RATES OF 24.8% IN APRIL AND OF 20.7% IN THE FIRST FOUR MONTHS OF 1991 COMBINED.
THE FOLLOWING TABLE PRESENTS THE PROVISIONAL TRADE FIGURES APRIL 1991.
FOR
MERCHANDISE: DOMESTIC EXPORTS
RE-EXPORTS TOTAL EXPORTS IMPORTS
TRADE BALANCE
$18,193 MILLION $41,514 MILLION $59,707 MILLION $65,817 MILLION $6,110 MILLION
[IN DEFICIT]
COMPARATIVE FIGURES
LATEST 3 MONTHS
FEB 91 TO
APR 91
FEB 90 TO
APR 90
INCREASE
HK$ MN
HK$ MN
HK$ MN
DOMESTIC EXPORTS
47,517
46,229
1,288
2.8
RE-EXPORTS
TOTAL EXPORTS
IMPORTS
TRADE BALANCE
106,853
86,049
20,804
24.
DO N
2
154,370
132,278
22,092
16.7
167,831
142,229
25,602
18.0
-13,461
-9,951
-3,510
APRIL
SAME MONTH LAST YEAR
1991
HK$ MN
APRIL 1990 HK$ MN
INCREASE
HK$ MN
DOMESTIC EXPORTS
18,193
16,407
1,786
10.9
(% OF TOTAL EXPORTS)
(30.5%)
(34.7%)
RE-EXPORTS
41,514
30,860
10,654
34.5
TOTAL EXPORTS
59,707
47,267
12,440
26.3
IMPORTS
65,817
50,640
15,177
30.0
TRADE BALANCE
-6,110
-3,373
-2,737
APRIL
LAST MONTH
1991
HK$ MN
MARCH
1991 HK$ MN
INCREASE
HK$ MN
%%
DOMESTIC EXPORTS
18, 193
14,978
3,215
21.5
(% OF TOTAL EXPORTS )
(30.5%)
(30.7%)
RE-EXPORTS
41,514
33,878
7,636
22.5
TOTAL EXPORTS
59,707
48,856
10,851
22
.2
IMPORTS
65,817
57,006
8.811
15.5
TRADE BALANCE
-6,110
-8,150
2,040
/CALENDAR YEAR