XN000022-1975-12-02 — Page 2

C

TUESDAY, DECEMBER 2, 1975

OCTOBER EXPORTS UP BY 25 PER CENT ******

THE VALUE OF HONG KONG'S DOMESTIC TRADE IN OCTOBER CONTINUED TO SHOW AN INCREASE FOR THE SECOND CONSECUTIVE MONTH AFTER 11 MONTHS OF DECLINE.

PROVISIONAL TRADE FIGURES ISSUED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT SHOW THAT DOMESTIC EXPORTS IN O.:TOBER WENT UP BY $416 MILLION OR 25.6 PER CENT DY VALUE COMPARED WITH OCTOLER 1974, TOTAL EXPORTS FOR THE MONTH WORE VALUED AT $2,041 MILLION.

AT THE SAME TIME, THE VALUE OF IMPORTS INCREASED BY 31.4 PER CENT TO $3,225 MILLION WHILE RE-EXPORTS WENT UP IN VALUE BY 21.4 PER CENT TO $632 MILLION COMPARED WITH OCTOBER LAST YEAR.

FIGURES FOR THE PERIOD JANUARY OCTOBER SHOWED DECREASES BY VALUE OF 5.5 PER CENT FOR DOMESTIC EXPORTS, 7.1 PER CENT FOR IMPORTS AND 5.6 PER CENT FOR RE-EXPORTS COMPARED WITH THE SAME PERIOD LAST YEAR.

THE VALUE FIGURES FOR THE 12-MONTH PERIOD FROM NOVEMBER 1974 TO OCTOBER 1975 SHOWED DECREASES OF 6.1 PER CENT FOR DOMESTIC EXPORTS, 8.7 PER CENT FOR IMPORTS AND 7.2 PER CENT FOR RE-EXPORTS COMPARED WITH THE PREVIOUS 12-MONTH PERIOD.

THE FOLLOWING TABLE GIVES THE COMPARATIVE FIGURES:

INCREASE OR

DECREASE

OCTOBER

1975

OCTOBER

1974

$ MN.

$ MN.

$ MN.

6

DOMESTIC EXPORTS

(% OF TOTAL EXPORTS)

2.041 (76.3%)

1,624 (75.7%)

416

+ 25.6

IMPORTS

3,225

2,453

+

772

+ 31.4

RE-EXPORTS

(% OF TOTAL EXPORTS)

632 (23.7%)

521 (24.3%)

+

AUG.-OCT.

AUG.-OCT.

1975

1974

MN.

$

MN.

DOMESTIC EXPORTS

6,448

5,797

112 + 21.4

INCREASE OR

DECREASE

S MN.

+ 651 + 11.2

%

IMPORTS

9,233

8,098

+1,135

+ 14.0

RE-EXPORTS

1,870

1,742

+ 128 + 7.3

/JAN.

-

OCT.