XN000022-1987-11-10 — Page 8

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TUESDAY, NOVEMBER 10, 1987

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DOMESTIC EXPORTS TO ALL MAJOR MARKETS INCREASED IN VALUE TERMS BETWEEN SEPTEMBER 1986 AND SEPTEMBER 1987. SUBSTANTIAL GROWTH WAS RECORDED IN DOMESTIC EXPORTS TO JAPAN (+55 PER CENT) FRANCE (+49 PER CENT), CHINA (+48 PER CENT), SINGAPORE (+46 PER CENT) AND THE FEDERAL REPUBLIC OF GERMANY (+44 PER CENT).

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ON THE SAME BASIS OF COMPARISON, THE VALUE OF IMPORTS FROM ALL MAJOR SUPPLIERS INCREASED, ESPECIALLY THOSE FROM THE USA (+72 PER CENT), CHINA (+44 PER CENT), TAIWAN (+41 PER CENT), THE REPUBLIC OF KOREA (+36 PER CENT) AND SWITZERLAND (+36 PER CENT). RE-EXPORTS TO THE FEDERAL REPUBLIC OF GERMANY, TAIWAN, JAPAN, AUSTRALIA AND CHINA INCREASED SUBSTANTIALLY IN VALUE TERMS BY 106 PER CENT, 78 PER CENT. 59 PER CENT, 56 PER CENT AND 52 PER CENT RESPECTIVELY.

TOTAL MERCHANDISE TRADE IN JANUARY TO SEPTEMBER 1987, AT $540,366 MILLION, INCREASED BY 39 PER CENT IN VALUE TERMS AS COMPARED WITH THE SAME PERIOD IN 1986. ON THE SAME BASIS OF COMPARISON, THE VALUE OF DOMESTIC EXPORTS INCREASED BY 30 PER CENT TO $141,139 MILLION WHILE RE-EXPORTS INCREASED BY 51 PER CENT TO $129,076 MILLION. THUS, THE VAULE OF TOTAL EXPORTS INCREASED BY 39 PER CENT TO $270,215 MILLION. IMPORTS INCREASED IN VALUE TERMS BY 39 PER CENT TO $270,150 MILLION.

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COMPARING JANUARY TO SEPTEMBER 1987 WITH THE SAME PERIOD IN 1986, DOMESTIC EXPORTS TO ALL MAJOR MARKETS INCREASED IN VALUE TERMS. THE MARKETS WITH THE FASTEST GROWTH IN DOMESTIC EXPORTS - INCLUDED JAPAN

( +66 PER CENT), CHINA (+62 PER CENT), THE NETHERLANDS (+51 PER FRANCE (+46 PER CENT) AND FEDERAL REPUBLIC OF GERMANY (+41 PER DOMESTIC EXPORTS TO HONG KONG'S LARGEST MARKET, THE USA, GREW PER CENT IN VALUE TERMS.

CENT), CENT).

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SUPPLIERS

IMPORTS IN JANUARY TO SEPTEMBER 1987 FROM ALL MAJOR INCREASED IN VALUE TERMS WHEN COMPARED WITH THE SAME PERIOD IN 1986. SIGNIFICANT INCREASES WERE RECORDED IN IMPORTS FROM THE REPUBLIC OF KOREA (+58 PER CENT), CHINA (+47 PER CENT), TAIWAN (+45 PER CENT), ITALY (+42 PER CENT) AND THE USA (+40 PER CENT).

ON THE SAME BASIS OF COMPARISON, RE-EXPORTS ΤΟ THE FEDERAL REPUBLIC OF GERMANY, THE UNITED KINGDOM, TAIWAN, AUSTRALIA AND THE REPUBLIC OF KOREA INCREASED SUBSTANTIALLY IN VALUE TERMS BY 107 PER CENT, 87 PER CENT, 62 PER CENT, 60 PER CENT AND 58 PER CENT RESPECTIVELY.

ALL TRADE STATISTICS PRESENTED HERE ARE MEASURED AT CURRENT PRICES AND NO ACCOUNT HAS BEEN TAKEN OF THE CHANGES IN PRICES BETWEEN THE PERIODS OF COMPARISON. A SEPARATE ANALYSIS OF THE PRICE AND VOLUME MOVEMENTS OF EXTERNAL TRADE IN SEPTEMBER 1987 WILL BE RELEASED IN EARLY DECEMBER 1987.

THE CHANGES IN DOMESTIC EXPORTS ΤΟ HONG KONG'S 10 MAJOR

MARKETS ARE SHOWN IN TABLE 1.

/COMPARING JANUARY