XN000022-1976-09-27 — Page 6

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MONDAY, SEPTEMBER 27, 1976

SLIGHT DROP IN EXPORTS LAST MONTH

******

THE VALUE OF HONG KONG'S DOMESTIC EXPORTS FOR AUGUST WAS $2,965 MILLION, REPRESENTING A DECREASE OF $32 MILLION OR 1.1 PER CENT, BY VALUE, COMPARED WITH JULY.

ACCORDING TO PROVISIONAL TRADE FIGURES RELEASED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT, THE VALUE OF IMPORTS DROPPED BY 5.3 PER CENT OR $194 MILLION AND RE-EXPORTS WENT DOWN BY 8.5 PER CENT OR $64 MILLION COMPARED WITH JULY.

THE FIGURES FOR THE PERIOD JUNE TO AUGUST 1976 SHOWED INCREASES, BY VALUE, OF 46.4 PER CENT FOR DOMESTIC EXPORTS, 29.8 PER CENT FOR IMPORTS AND 21.3 PER CENT FOR RE-EXPORTS COMPARED WITH THE SAME PERIOD IN 1975.

THE FIGURES FOR THE 12-MONTH PERIOD FROM SEPTEMBER 1975 TO AUGUST 1976 COMPARED WITH THOSE OF THE PREVIOUS 12-MONTH PERIOD SHOWED INCREASES BY VALUE, OF 40.9 PER CENT FOR DOMESTIC EXPORTS, 32.2 PER CENT FOR IMPORTS AND 23.2 PER CENT FOR RE-EXPORTS.

THE FOLLOWING TRADE TABLE GIVES THE COMPARATIVE FIGURES:

COMPARATIVE FIGURES

LATEST 3 MONTHS

JUNE-AUGUST

1976

JUNE-AUGUST

1975

INCREASE OR DECREASE

$ MN.

$ MN.

$ MN.

%

DOMESTIC EXPORTS

8,792

6,003

+ 2,788 + 46.4

IMPORTS

10,866

8,373

+ 2,493 + 29.8

RE-EXPORTS

2,168

1,787

380

+ 21.3

AUGUST

JULY

LATEST MONTH

1976

1976

INCREASE OR DECREASE

$ MN.

$ MN.

$ MN.

%

DOMESTIC EXPORTS

2,965

2,996

32

—

1.1

(% OF TOTAL EXPORTS)

(81.3%)

(80.0%)

IMPORTS

3,509

3,704

194

1

5.3

RE-EXPORTS

683

(% OF TOTAL EXPORTS)

(18.7%)

747 (20.0%)

64

8.5

/JAN.

AUG.