XN000022-1973-07-30 — Page 2

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Monday, July 30, 1973

HIGHEST TRADE FIGURES EVER RECORDED

The highest monthly trade figures ever recorded in Hong Kong

were achieved in June, according to provisional trade statistics published

today by the Census and Statistics Department.

Domestic exports were valued at $1,637 million

of 23.7 per cent or $313 million over June last year.

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an increase

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Imports, valued at $2,382 million, also increased by 23.7 per

cent or 3457 million, while re-exports jumped by 45.6 per cent or

$162 million to a total value of $517 million.

For the first six months of this year (January to June) there

have been increases over the same period in 1972 of 17 per cent for

domestic exports, 38.8 per cent for re-exports, and 19.9 per cent for

imports.

Commenting on the latest figures, Mr. M.D. Sargant, Assistant

Director of Commerce and Industry said that even discounting the effect

of inflationary movements and currency uncertainties, they illustrate

the resilience and strength of the economy.

"They are a tribute to the enterprise and hard work of our

industrialists, merchants and workers," he added.

Details of the provisional trade statistics for June are:

MERCHANDISE: