22
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Comparing the first 10 months of 1994 with the same period in 1993, decreases in the value of domestic exports were registered for telecommunications and sound recording and reproducing apparatus and equipment (by $1.4 billion or 13%); textiles (by $1.1 billion or 7.8%); miscellaneous manufactured articles consisting mainly of jewellery, goldsmiths' and silversmiths' wares (by $902 million or 5.3%); photographic apparatus, equipment and supplies, optical goods, watches and clocks (by $515 million or 3.9%); and machinery specialised for particular industries (by $343 million or 11%).
Over the same period, increases in the value of domestic exports were recorded for electrical machinery, apparatus and appliances, and electrical parts thereof (by $1.9 billion or 11%); and clothing (by $1 billion or 1.8%).
The value of imports continued to increase significantly, by 24% over a year earlier to $116.2 billion in October 1994.
The changes in the value of imports from the 10 main suppliers are shown in Table 5.
Comparing October 1994 with October 1993, the value of imports from all of the main suppliers showed increases of various magnitudes: Germany (+41%), Malaysia (+36%), the Republic of Korea (+36%), Singapore (+36%), Italy (+33%), the United States (+29%), Taiwan (+23%), China (+20%), Japan (+19%) and the United Kingdom (+17%).
Comparing the first 10 months of 1994 with the same period in 1993, the value of imports from all of the main suppliers showed increases of various magnitudes: Singapore (+30%), Italy (+28%), Malaysia (+26%), the Republic of Korea (+17%), China (+17%), the United Kingdom (+17%), Germany (+13%), Taiwan (+12%), the United States (+12%) and Japan (+7.3%).
The value of imports in the first 10 months of 1994, at $1,022 billion, increased markedly by 16% over the same period in 1993. This was supported largely by the growth in Hong Kong's re-export trade.
Table 6 shows the changes in the value of imports of the 10 principal commodity divisions.
Comparing the first 10 months of 1994 with the same period in 1993, increases were recorded in the value of imports of most principal commodity divisions.