THURSDAY, FEBRUARY 24, 1994
22
ANALYSIS OF EXTERNAL TRADE BY MODE OF TRANSPORT IN 1993
LAST
FOR
TO
THE
TODAY
THE VALUE OF HONG KONG'S EXTERNAL TRADE BY OCEAN ACCOUNTED 51% OF HONG
EXTERNAL TRADE KONG'S
YEAR, ACCORDING STATISTICS RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT
(THURSDAY).
ANOTHER
GOODS OF
PASSENGERS
26% WAS TRANSPORTED BY LAND AND A FURTHER 18% BY THE REST 4.6% INCLUDED SHIPMENT BY RIVER, POSTAL ACCOMPANIED TRANSPORT.
AIR.
TRAVELLING
ON
PARCELS,
MEANS VARIOUS
AND
OF
AN
SHIPMENT BY OCEAN AMOUNTED TO $1,074 BILLION IN 1993, WITH INCREASE OF 8.7% OVER THAT IN 1992. HONG KONG'S EXTERNAL TRADE BY LAND 17% WENT UP BY 17% TO $557 BILLION WHILE THAT BY AIR ALSO WENT UP BY TO $390 BILLION IN 1993.
TABLE 1 SHOWS THE CHANGES IN THE VALUE OF HONG KONG'S EXTERNAL TRADE ANALYSED BY MODE OF TRANSPORT IN 1993 COMPARED WITH 1992.
FOR HONG THE UNITED STATES REMAINED THE LARGEST DESTINATION
BY RE-EXPORTS) KONG'S TOTAL EXPORTS (INCLUDING DOMESTIC EXPORTS AND OCEAN, ACCOUNTING FOR A SHARE OF 32% IN VALUE TERMS IN 1993. THE VALUE OF TOTAL EXPORTS BY OCEAN TO THE UNITED STATES WENT UP BY 11% IN 1993.
THE VALUE OF TOTAL EXPORTS BY OCEAN TO CHINA INCREASED BY 40% IN SEABORNE TOTAL OVER 1992. INCREASES WERE ALSO RECORDED IN 1993 EXPORTS TO THE OTHER MAJOR DESTINATIONS: GERMANY (+15%), JAPAN (+9.1%) AND THE UNITED KINGDOM (+8,7%).
WERE
JAPAN WAS THE LARGEST SUPPLIER OF HONG KONG'S IMPORTS BY OCEAN, IMPORTS ACCOUNTING FOR A SHARE OF 27% IN VALUE IN 1993. THE VALUE OF BY OCEAN FROM JAPAN WENT UP BY 4.9% IN 1993 OVER 1992. INCREASES
IN SEABORNE IMPORTS FROM TAIWAN (+5.4%), THE UNITED ALSO RECORDED
VALUE STATES (+6.8%) AND THE REPUBLIC OF KOREA (+4.9%). HOWEVER, THE
7%. OF SEABORNE IMPORTS FROM CHINA DECREASED BY 0.
TABLE 2 SHOWS THE CHANGES IN VALUE OF EXTERNAL TRADE BY WITH MAJOR TRADING PARTNERS IN 1993 COMPARED WITH 1992.
OCEAN
HONG
IN 1993, THE UNITED STATES ACCOUNTED FOR 31% OF THE
THE VALUE OF TOTAL EXPORTS BY KONG'S TOTAL EXPORTS BY AIR. TO THE UNITED STATES INCREASED BY 20% OVER 1992.
VALUE OF
AIR
THE VALUE
TOTAL OF
EXPORTS BY
AIR TO
MOST
OTHER
MAJOR
DESTINATIONS ALSO WENT UP.
SUPPLIERS
INCREASED OVER (+44%),
AIRBORNE IMPORTS FROM ALL MAJOR CONSIDERABLY IN 1993. THE PERCENTAGE INCREASES IN VALUE IN 1993 1992 WERE: JAPAN (+16%), THE UNITED STATES (+20%), SINGAPORE TAIWAN (+27%) AND SWITZERLAND (+9.2%).
TABLE 3 SHOWS THE CHANGES IN THE VALUE OF EXTERNAL TRADE BY AIR WITH MAJOR TRADING PARTNERS IN 1993 COMPARED WITH 1992.
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