FRIDAY, AUGUST 30, 1991
2
HK'S RE-EXPORT TRADE IN 1ST HALF OF
1991 BY MARKET AND BY COUNTRY OF ORIGIN
VALUE OF HONG KONG'S RE-EXPORTS IN THE FIRST HALF OF THE AMOUNTED TO $233,113 MILLION, REPRESENTING A 27% INCREASE SAME PERIOD LAST YEAR.
1991
OVER
THE
THIS WAS ANNOUNCED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY (FRIDAY) WHEN RELEASING THE SUMMARY STATISTICS ON HONG KONG'S RE-EXPORT TRADE IN THE FIRST HALF OF 1991 ANALYSED BY MARKET AND BY COUNTRY OF ORIGIN.
RE-EXPORTS BY MARKET
CHINA
AND THE U.S.A. THE TWO LARGEST MARKETS FOR HONG
+ RE-EXPORTS, ACCOUNTED FOR 29% AND 19% RESPECTIVELY OF THE TOTAL OF RE-EXPORTS IN THE FIRST HALF OF 1991.
KONG'S VALUE
THE SHARES OF THE FEDERAL REPUBLIC OF GERMANY, JAPAN AND TAIWAN WERE 7%, 6% AND 5% RESPECTIVELY.
COMPARING THE FIRST HALF OF 1991 WITH THE SAME PERIOD OF 1990, RE-EXPORTS TO MOST OF THE MAJOR MARKETS INCREASED.
UNITED
MORE NOTABLE INCREASES WERE RECORDED IN THE FEDERAL REPUBLIC OF GERMANY (+78%), FRANCE (+49%), ITALY (+44%), CHINA (+34%), THE KINGDOM (+28%) AND JAPAN (+23%).
REPUBLIC THAT
THE VALUE OF RE-EXPORTS TO TAIWAN, THE U.S.A. AND THE OF KOREA ALSO INCREASED BY 17%, 15% AND 10% RESPECTIVELY WHEREAS TO SINGAPORE DECREASED BY 11%.
RE-EXPORTS TO CHINA INCREASED SUBSTANTIALLY BY $17.317 MILLION OR 34% IN THE FIRST HALF OF 1991 COMPARED WITH THE FIRST HALF OF 1990.
ANALYSED BY COMMODITY FOR THIS MARKET, SIGNIFICANT INCREASES IN RE-EXPORT VALUE WERE RECORDED IN TEXTILES (BY $3,616 MILLION OR 29%); ARTIFICIAL RESINS AND PLASTIC MATERIALS, AND CELLULOSE ESTERS ETHERS (BY $2,216 MILLION OR 65%); AND ROAD VEHICLES CUSHION VEHICLES (BY $1,382 MILLION OR 134%).
INCLUDING
AND
AIR
AND TOBACCO
HOWEVER, DECREASES WERE RECORDED IN TOBACCO MANUFACTURES (BY $805 MILLION OR 62%); AND CORK AND WOOD MANUFACTURES (BY $124 MILLION OR 14%).
IT SHOULD BE NOTED THAT A SIGNIFICANT PROPORTION OF HONG RONG'S EXPORTS
EXPORTS) TO CHINA (INCLUDING RE-EXPORTS AS WELL AS DOMESTIC ARE RELATED TO OUTWARD PROCESSING, AS RAW MATERIALS AND SEMI- MANUFACTURED GOODS WERE EXPORTED TO CHINA FOR PROCESSING AND THE FINAL PRODUCTS WERE SUBSEQUENTLY RETURNED TO HONG KONG.
RE-EXPORTS TO THE U.S.A. IN THE FIRST HALF OF 1991 INCREASED BY $5,659 MILLION OR 15% OVER THE FIRST HALF OF 1990.
/COMMODITIES WITH
+