XN000022-1975-09-04 — Page 2

THURSDAY, SEPTEMBER 4, 1975

+

VALUE OF JULY EXPORTS DOWN BY $38 MILLION ******

THE VALUE OF HONG KONG'S DOMESTIC EXPORTS IN JULY WAS $2,062 MIL! ION, REPRESENTING A DROP OF $38 MILLION OR 1.8 PER CENT BY VALDE AGAINST JULY 1974, ACCORDING TO PROVISIONAL TRADE FIGURES RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY.

THE VALUE OF IMPORTS WENT DOWN BY 6.0 PER CENT FROM $3,067 MILLION IN JULY 1974 TO $2,883 MILLION IN JULY THIS YEAR, BÚT

PORTS INCREASED IN VALUE BY 2.9 PER CENT FROM $590 MILLION IN JULY 1974 TO $603 MILLION LAST JULY.

FIGURES FOR THE PERIOD JANUARY-JULY 1975 SHOWED DECREASES BY VALUE OVER THE CORRESPONDING PERIOD IN 1974 OF 12.6 PER CENT FOR DOMESTIC EXPORTS, 15.3 PER CENT FOR IMPORTS AND 10.9 PER CENT FOR RE-EXPORTS.

THE FIGURES FOR THE 12-MONTH PERIOD AUGUST 1974 TO JULY 1975 SHCVED DECREASES, BY VALUE, OF 8.7 PER CENT FOR DOMESTIC EXPORTS, 12,2 PER CENT FOR IMPORTS AND 14.0 PER CENT FOR RE-EXPORTS.

THE FOLLOWING TABLE GIVES THE COMPARATIVE FIGURES 1-

JULY 1975

JULY 1974

INCREASE OR

DECREASE

$ MN.

$ MN.

$ MN.

%

DOMESTIC EXPORTS

2,062

2.101

38

-

1.8

(5% OF TOTAL EXPORTS)

(77.2%)

(78.1%)

IMPORTS

2,883

3,067

RE-EXPORTS

608

590

185

17 + 2.9

-

6.0

(6 OF TOTAL EXPORTS)

(22.8%)

(21.9%)

MAY-JULY 1975

MAY-JULY 1974

INCREASE OR

DECREASE

$ MN.

$ MN.

$ MN.

%

DOMESTIC EXPORTS

5,677

6,378

701

- 11.0

IMPORTS

8,195

9,686

-1,491

- 15.4

RE-EXPORTS

1,708

1,880

172

9.1

/JAN-JULY