FRIDAY, JUNE 26, 1992
17
A GOVERNMENT SPOKESMAN COMMENTED THAT APART FROM THE SUSTAINED RAPID GROWTH IN RE-EXPORTS, IMPORTS ALSO ROSE SIGNIFICANTLY IN RECENT MONTHS AND THIS WAS SUPPORTED IN PART BY A CONTINUED GROWTH IN RETAINED IMPORTS, BY 8.6% IN VALUE TERMS IN THE FIRST FIVE MONTHS OF 1992 OVER A YEAR EARLIER.
THIS SHOULD HAVE FAVOURABLE IMPLICATIONS FOR DOMESTIC DEMAND IN THE COMING MONTHS, HE SAID.
FOLLOWING IS A TABLE PRESENTING THE PROVISIONAL TRADE FIGURES FOR MAY 1992:
MERCHANDISE: DOMESTIC EXPORTS :
RE-EXPORTS
TOTAL EXPORTS
IMPORTS
TRADE BALANCE
COMPARATIVE FIGURES
$19,406 MILLION
$57,176 MILLION
$76,582 MILLION
$81,518 MILLION $4,936 MILLION
(IN DEFICIT)
LATEST 3 MONTHS
MAR 92 TO MAY 92 HK$ MN.
MAR 91 TO MAY 91 HK$ MN.
INCREASE
HK$ MN.
%%
DOMESTIC EXPORTS
54,175
52,591
1,584
3.0
RE-EXPORTS
TOTAL EXPORTS
IMPORTS
TRADE BALANCE
161,729
120,316
41,413
34.
4
215,904
172,907
42,997
24.9
233,942
189,960
43,982
23.2
-18,038
-17,053
-985
MAY
SAME MONTH LAST YEAR
1992
HK$ MN.
MAY 1991 HK$ MN.
INCREASE
·
HK$ MN.
%
DOMESTIC EXPORTS
19,406
19,431
-25
-0.1
(% OF TOTAL EXPORTS)
(25.3%)
(30.2%)
RE-EXPORTS
57,176
44,924
12,252
27.3
TOTAL EXPORTS
76,582
64,355
12,227
19.0
IMPORTS
81,518
67,138
14,380
21.4
TRADE BALANCE
-4,936
-2,783
-2,153
LAST MONTH
MAY 1992
APRIL
INCREASE
HK$ MN.
1992 HK$ MN.
HK$ MN.
%
DOMESTIC EXPORTS
19,406
17.718
1,688
9.5
(% OF TOTAL EXPORTS}
(25.3%)
(24.9%)
RE-EXPORTS
57,176
53,330
3,846
7.2
TOTAL EXPORTS
76,582
71,048
5,534
7.8
IMPORTS
81,518
78,551
2,967
3.8
TRADE BALANCE
-4,936
-7,503
2,567
/CALENDAR YEAR