XN000022-1973-08-31 — Page 5

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Friday, August 31, 1973

EXPORTS CONTINUE UPWARD TREND

The value of Hong Kong's domestic exports continues to show a

marked increase over that of the corresponding months last year.

According to provisional trade statistics released today,

domestic exports last month were worth $1,637 million

24.9 per cent or $326 million over July 1972.

——

an increase of

The value of imports increased by $484 million or 26 per cent to

$2,344 million.

However, the biggest increase

48.8

8

per cent was in re-exports

which were worth $551 million, a rise of $181 million over the corresponding

month last year.

Mr. M.D. Sargant, Assistant Director of the Commerce and Industry

Department, said that the figures for the three-month period, May to July

1973, showed increases over the same period in 1972 of 21.4 per cent for

domestic exports, 21.9 per cent for imports and 42 per cent for re-exports.

Figures for the seven-month period, January to July 1973,

represented increases over the same period in 1972 of 18.3 per cent for

domestic exports, 20.9 per cent for imports and 40.5 per cent for re-exports.

The provisional trade figures for July are given in the table below

with comparison figures.

MERCHANDISE

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