XN000022-1972-10-31 — Page 5

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Tuesday, October 31, 1972

BIG INCREASE IN DOMESTIC EXPORTS IN SEPTEMBER

Hong Kong's domestic exports for September reached $1,486 million

increase of 19 per cent or $237 million compared with the corresponding month

last year.

ап

Commenting on the figures, a spokesman for the Census and Statistics

Department said the rise occurred chiefly in the clothing and machinery sectors.

He said two factors had a bearing on the increase

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and dock and rail strikes around the months of June and July.

monetary instability

These two factors made many exporters delay their normal shipments,

resulting in unusually large quantities of goods being exported in September,

he said.

At the same time, the value of imports jumped 16.8 per cent or

$274 million to $1,905 million. The value of re-exports also rose 36,4 per cent

or $105 million to $393 million over those of September last year.

During the three month period from July to September this year, domestic

exports totalled $4,214 million, imports $5,660 million and re-exports $1,134

million.

Compared with the corresponding figures last year, these show increases

of 10.4 per cent 14,9 per cent and 31.8 per cent respectively.

Figures for the 9-month period from January to September show increases

over the same period last year of 10 per cent for domestic exports, 6.5 per cent

for imports and 20.7 per cent for re-exports.

The provisional