XN000022-1973-11-30 — Page 3

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Friday, November 30, 1973

TRADE BOOM CONTINUES

Hong Kong's external trade continued to expand during the month

of October with the total value of domestic exports climbing to $1,900

million a $412 million or 27.7 per cent rise over October 1972.

At the same time, the value of imports increased by 58.3 per

cent and re-exports by 89.4 per cent over the same month last year,

according to provisional trade figures released by the Census and Statistics

Department.

Commenting on these figures, Mr. M.D. Sargant, Assistant Director

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of Commerce and Industry, said that during the three-month period August

to October domestic exports increased by 31.3 per cent over the same period

last year, imports by 43.8 per cent and re-exports by 87.6 per cent.

The period January to October 1973, which is more indicative of

trade trends, showed increases of 22.8 per cent for domestic products,

28.2 per cent for imports, and 56.8 per cent for re-exports over the same

ten-month period last year.

Note to Editors:

A statistical table of October's provisional trade figures is given below with comparative tables.

MERCHANDISE :

Domestic Exports :

Imports

$1,900 million

:

#3,003 million

Re-exports

$ 746 million

/COMPARATIVE