7
THURSDAY, APRIL 29, 1993
TOTAL.
OF THE VALUE OF TOTAL EXPORTS WAS SMALLER THAN THAT AS IMPORTS, A VISIBLE TRADE DEFICIT OF $6,043 MILLION, EQUIVALENT TO 7% OF THE VALUE OF IMPORTS, WAS RECORDED IN MARCH 1993. THIS WAS SIMILAR TO THE DEFICIT OF $5,599 MILLION, EQUIVALENT TO 7.6% VALUE OF IMPORTS, RECORDED IN MARCH 1992.
то YEAR
IN THE FIRST QUARTER OF 1993, THE VALUE OF RE-EXPORTS $174,198 MILLION, WHICH WAS $34,586 MILLION OR 25% HIGHER
EARLIER.
THE
BROADLY OF THE
AMOUNTED THAN A
WAS VALUE OF DOMESTIC EXPORTS, AT $48,709 MILLION, THE SAME AS THAT IN THE SAME QUARTER LAST YEAR.
ABOUT
TAKING RE-EXPORTS AND DOMESTIC EXPORTS TOGETHER, THE VALUE TOTAL EXPORTS IN THE FIRST QUARTER OF 1993, AT $222,907 MILLION, $34,589 MILLION OR 18% HIGHER THAN A YEAR EARLIER.
THE VALUE OF IMPORTS INCREASED BY $35,098 MILLION OR $233,054 MILLION.
OF
OF
WAS
18% ΤΟ
4.4%
OF 1993. EQUIVALENT TO
A VISIBLE TRADE DEFICIT OF $10,147 MILLION, EQUIVALENT TO THE VALUE OF IMPORTS, WAS RECORDED IN THE FIRST QUARTER
COMPARED WITH A TRADE DEFICIT OF $9,638 MILLION, THIS 4.9% OF THE VALUE OF IMPORTS, RECORDED A YEAR EARLIER.
COMMENTING ON THE MARCH FIGURES, A GOVERNMENT SPOKESMAN POINTED
ΤΟ EXPORTS
RE-EXPORTS THAT THE STRUCTURAL SHIFT FROM DOMESTIC CONTINUED.
OUT
RE-EXPORTS
INCREASED SIGNIFICANTLY
FASTER THAN
DOMESTIC
78%
AS EXPORTS, THE FORMER'S SHARE IN THE VALUE OF TOTAL EXPORTS ROSE TO IN THE FIRST QUARTER OF 1993, COMPARED WITH THE 74% A YEAR AGO.
STEADILY.
7.5%
AT THE SAME TIME, RETAINED IMPORTS CONTINUED TO GROW IN THE FIRST QUARTER OF 1993, THE VALUE OF RETAINED IMPORTS WAS HIGHER THAN A YEAR EARLIER, REFLECTING A SUSTAINED GROWTH IN DEMAND.
THE FOLLOWING TABLE PRESENTS THE EXTERNAL TRADE IN MARCH 1993.
PROVISIONAL
DOMESTIC
FIGURES OF
A MORE DETAILED ANALYSIS OF HONG KONG'S EXTERNAL TRADE IN MARCH 1993, BY COMMODITY AND COUNTRY, WILL BE RELEASED IN MID-MAY.
/PROVISIONAL FIGURES .******