XN000022-1978-05-16 — Page 5

TUESDAY, MAY 16, 1978

THE FOLLOWING TABLE SHOWS HONG KONG'S DOMESTIC EXPORTS

TO 10 MAJOR OVERSEAS MARKETS IN THE FIRST THREE MONTHS OF THIS YEAR:-

JAN.-MAR.

1977 (HK MN.)

JAN.-MAR.

1978

(HK$ MN.)

INCREASE

DECREASE (HKD MN.)

PERCENTAGE

CHANGE

U.S.A.

2,561

2,790

+228

+ 0.9%

FR. OF GERMANY

834

233

NO

2

UNITED KINGDOM

630

638

+

ON

AUSTRALIA

321

307

-

JAPAN

261

311

+ 50

9

14

-

0.2

+ 1.49

-

4.2%

+19.1

CANADA

253

251

2

-

0.9%

SINGAPORE

189

216

+ 26

+14.0

THE NETHERLANDS

175

170

+

3

+ 1.7:

SWITZERLAND AND

LIECHTENSTEIN

146

151

6

+ 3.8;.

SWEDEN

160

109

52

-32.21

EXPORTS TO THE U.S. INCREASED FAVOURABLY BECAUSE OF ENCOURAGING PERFORMANCE IN SALES OF ARTICLES OF APPAREL AND CLOTHING ACCESSORIES (31,060 KILLION, +11.6 PER CENT) AND WATCHES AND CLOCKS (137 MILLION, +56.5 PER CENT).

THESE INCREASES MORE THAN COMPENSATED FOR THE SIGNIFICANT DECLINES IN EXPORTS OF RADIO RECEIVERS (119 MILLION, -38.4 PER CENT) AND PLASTIC TOYS AND DOLLS ($174 MILLICH, -10.7 PER CENT).

EXPORT SALES TO F.R. OF GERMANY AND U.K. SHOWED A CONSIDERABLE IMPROVEMENT IN MARCH, MAINLY IN SALES OF ARTICLES OF APPAREL AND CLOTHING ACCESSORIES AND OF WATCHES AND CLOCKS.

WHILE DOMESTIC EXPORTS TO SWEDEN DECLINED MARKEDLY IN THE FACE OF SETBACKS IN EXPORTS CF ARTICLES OF APPAREL, EXPORTS TO JAPAN AND SINGAPORE SHOWED SIGNIFICAT INCREASES.

/AN ANALYSIS