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A. TOTAL VALUE OF IMPORTS AND EXPORTS OF MERCHANDISE.
Imports consistently increased during the years 1937 and 1938--both in terms of sterling and local currency--but declined slightly in 1939; whilst exports continued on the upward grade during the whole period 1937 to 1939. Exchange averaged 1s. 2¼d. in 1937 and remained steady in the two subsequent years at approximately the same figure.
B. PERCENTAGE OF TOTAL IMPORTS PROVIDED BY EMPIRE AND FOREIGN COUNTRIES.
During the period 1937 to 1939 the share of the Colony's import trade supplied by British Empire countries increased from 16.1% in 1937 to 17.2% in 1938, but declined to 13.8% in 1939. The United Kingdom accounted for 6.7% in 1939 as compared with 9.1% in 1938; Australia 1.2% as compared with 2.0%; British Malaya 2.2% as compared with 1.2%; and India 1.7% as compared with 1.9%. The percentage of imports from non-Empire countries increased from 82.8% in 1938 to 86.2% in 1939. The German percentage noticeably decreased from 6.3% in 1938 to 2.2% in 1939, whilst French Indo-China increased from 5.6% to 6.8%; and Japan from 3.0% to 4.6%.
C. PERCENTAGE OF TOTAL EXPORTS SENT TO EMPIRE AND FOREIGN COUNTRIES.
During the period 1937-1939 the share of Hong Kong's total export trade shipped to British Empire countries has fluctuated from 16.3% in 1938 to 20.0% in 1939. British Malaya is again the largest Empire purchasing country, accounting for 8.6% of the total export trade as compared with 7.2% in 1938, the share of other Empire countries in 1939 being United Kingdom 4.2%, India 1.8% and "other Empire countries" 5.4%.
The percentages taken by non-Empire countries were China 16.9%, French Indo-China 10.4%, Japan 1.2%, Kwong Chow Wan 7.9%, Macao 8.4%, Netherlands East Indies 2.8%, Philippines 2.1%, Siam 2.9%, U.S.A. 14.4% and "other foreign countries" 13.0%.
D. QUANTITIES AND VALUES OF PRINCIPAL ARTICLES OF IMPORTS DURING THE YEARS 1938 AND 1939.
The principal commodities imported into Hong Kong are as follow:--
1938 1939 Food Stuffs $152,441,000 $137,369,000 Piece-goods 79,833,000 99,201,000 Oils and Fats 78,223,000 89,442,000 Metals 48,144,000 36,981,000 Chinese Medicines 19,593,000 25,828,000 Fuels 17,273,000 16,399,000 Machinery 17,136,000 10,688,000 Dyeing Materials 16,086,000 8,102,000 Paper and Paperware 14,743,000 10,640,000 Vehicles 14,140,000 13,627,00016
A. TOTAL VALUE OF IMPORTS AND EXPORTS OF MERCHANDISE.
Imports consistently increased during the years 1937 and 1938--both in terms of sterling and local currency-but declined slightly in 1939; whilst exports continued on the upward grade during the whole period 1937 to 1939. Exchange averaged 1s. 21 d. in 1937 and remained steady in the two subsequent years at approximately the same figure.
B. PERCENTAGE OF TOTAL IMPORTS PROVIDED BY EMPIRE AND FOREIGN COUNTRIES.
During the period 1937 to 1939 the share of the Colony's import trade supplied by British Empire countries increased from 16.1% in 1937 to 17.2% in 1938, but declined to 13.8% in 1939. The United Kingdom accounted for 6.7% in 1939 as compared with 9.1% in 1938; Australia 1.2% as compared with 2.0%; British Malaya 2.2% as compared with 1.2%; and India 1.7% as compared with 1.9%. The percentage of imports from non-Empire countries increased from 82.8% in 1938 to 86.2% in 1939. The German percentage noticeably decreased from 6.3% in 1938 to 2.2% in 1939, whilst French Indo-China increased from 5.6% to 6.8%; and Japan from 3.0% to 4.6%.
C. PERCENTAGE OF TOTAL EXPORTS SENT TO EMPIRE AND FOREIGN COUNTRIES.
During the period 1937-1939 the share of Hong Kong's total export trade shipped to British Empire countries has fluctuated from 16.3% in 1938 to 20.0% in 1939. British Malaya is again the largest Empire purchasing country, accounting for 8.6% of the total export trade as compared with 7.2% in 1938, the share of other Empire countries in 1939 being United Kingdom 4.2%, India 1.8% and "other Empire countries" 5.4%.
The percentages taken by non-Empire countries were China 16.9%, French Indo-China 10.4%, Japan 1.2%, Kwong Chow Wan 7.9%, Macao 8.4%, Netherlands East Indies 2.8%, Philippines 2.1%, Siam 2.9%, U.S.A. 14.4% and "other foreign countries" 13.0%.
D. QUANTITIES AND VALUES OF PRINCIPAL ARTICLES OF IMPORTS DURING THE YEARS 1938 AND 1939.
The principal commodities imported into Hong Kong are as follow :--
Food Stuffs
1938.
$152,441,000
1939.
$137,369,000
Piece-goods
79,833,000
99,201,000
Oils and Fats
78,223,000
89,442,000
Metals
48,144,000
36,981,000
Chinese Medicines
19,593,000
25,828,000
Fuels
17,273,000
16,399,000
Machinery
17,136,000
10,688,000
Dyeing Materials
16,086,000
8,102,000
Paper and Paperware
14,743,000
10,640,000
Vehicles
14,140,000
13,627,000
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