XN000022-1983-09-29 — Page 5

THURSDAY, SEPTEMBER 29, 1983

- 4

COMMENTING ON THESE COMPARATIVE FIGURES, THE SPOKESMAN SAID THAT GIVEN THE SIGNIFICANT INCREASES IN THE VALUES OF DOMESTIC EXPORTS, RE-EXPORTS AND IMPORTS IN AUGUST, THEIR INCREASES IN REAL TERMS (AFTER ALLOWING FOR THE EFFECTS OF PRICE INCREASES AND THE VALUATION EFFECT OF A WEAKER HONG KONG DOLLAR) SHOULD REMAIN SUBSTANTIAL, AND INDICATED A CONTINUATION OF THE EXPORT-LED ECONOMIC RECOVERY.

THE FOLLOWING TABLE GIVES THE PROVISIONAL MERCHANDISE TRADE FIGURES FOR AUGUST 1983:

MERCHANDISE

DOMESTIC EXPORTS

RE-EXPORTS

TOTAL EXPORTS

IMPORTS

$ 9 966 MILLION

$ 4 856 MILLION

$14 822 MILLION

$15 119 MILLION

TRADE BALANCE

$

297 MILLION (IN DEFICIT)

COMPARATIVE FIGURES

JUNE-AUGUST

LATEST 3 MONTHS

1983

JUNE-AUGUST

1982

$ MN.

$ MN.

DOMESTIC EXPORTS

28 738

22 342

RE-EXPORTS

13 962

10 628

+

TOTAL EXPORTS

42 700

IMPORTS

44 781

32.970

35 591

+

TRADE BALANCE

- 2 081

- 2 621

INCREASE OR

DECREASE

$ MN. %

+ 6 396 +28.6

3 334 +31.4

+ 9 730 +29.5

9 190 +25.8

540

INCREASE OR

DECREASE

SAME MONTH LAST YEAR

AUGUST 1993

$ MN.

AUGUST 1982

$ MN.

$ MN.

%

DOMESTIC EXPORTS

(9% OF TOTAL EXPORTS)

9 965 (57.2%)

7 742 (68.2%)

+ 2 224

+28.7

RE-EXPORTS

4 356

3 613

+ 1 243 +34.4

TOTAL EXPORTS

14 822

11 355

+ 3 467 +30.5

IMPORTS

15 119

11 583

+ 3 536 +30.5

TRADE BALANCE

297

228

69

/LAST MINTH