XN000022-1975-02-27 — Page 2

THURSDAY, FEBRUARY 27, 1975

JANUARY EXPORTS DROP BY $260 MILLION

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THE VALUE OF HONG KONG'S DOMESTIC TRADE LAST MONTH DECLINED BY $260 MILLION TO $1,635 MILLION, ACCORDING TO PROVISIONAL TRADE FIGURES ISSUED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT.

THE FIGURE REPRESENTS A DROP OF 13.7 PER CENT, IN VALUE TERMS, AGAINST THE JANUARY 1974 FIGURE.

IMPORTS ALSO WENT DOWN IN VALUE TERMS BY 1.1 PER CENT TO $2,406 MILLION, WHILE THE VALUE OF RE-EXPORTS DROPPED BY 10.5 PER CENT TO $515 MILLION.

TAKING THE 12-MONTH PERIOD FEBRUARY 1974 TO JANUARY 1975, INCREASES ARE SHOWN IN ALL THREE AREAS WHEN COMPARED WITH THE PREVIOUS 12-MONTH PERIOD, DOMESTIC EXPORTS INCREASED IN VALUE BY 12.4 PER CENT, IMPORTS BY 15.3 PER CENT, AND RE-EXPORTS BY 4.8 PER CENT.

NOTE TO EDITORS:

FOR YOUR CONVENIENCE, A COMPARISON TABLE IS GIVEN BELOW.

COMPARATIVE FIGURES

JANUARY

1975

JANUARY

1974

INCREASE OR

DECREASE

$ MN.

$

MN.

$ MN.

DOMESTIC EXPORTS

1,635

1,895

- 260

- 13.7

(% OF TOTAL EXPORTS)

(76.1%)

(76.7%)

IMPORTS

2,406

2,433

27

1.1

RE-EXPORTS

515

(% OF TOTAL EXPORTS)

(23.9%)

575 (23.3%)

61

-

10.5

NOV. 1974

TO

JAN. 1975

NOV. 1973

TO JAN. 1974

INCREASE OR

DECREASE

$ MN.

MN.

$ MN.

9%

DOMESTIC EXPORTS

5,178

5,790

612

10.6

IMPORTS

7,522

8,538

-1,016

11.9

RE-EXPORTS

1,608

1,852

244

13.2

/DOMESTIC EXPORTS