XN000022-1987-12-11 — Page 5

FRIDAY, DECEMBER 11, 1987

OCTOBER'S EXTERNAL TRADE STATISTICS

TOTAL MERCHANDISE TRADE IN OCTOBER 1987, AT $69,984 MILLION, GREW BY 26 PER CENT IN VALUE TERMS COMPARED WITH OCTOBER 1986 ACCORDING TO TRADE VALUE STATISTICS RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

COMPARED WITH OCTOBER 1986, DOMESTIC EXPORTS INCREASED IN VALUE TERMS BY 18 PER CENT TO $18,188 MILLION IN OCTOBER 1987 WHILE RR-EXPORTS ROSE BY 39 PER CENT ΤΟ $17,082 MILLION, BRINGING TOTAL EXPORTS IN OCTOBER 1987 TO $35,270 MILLION, WHICH WAS 28 PER CENT HIGHER THAN IN OCTOBER 1986. ON THE SAME BASIS OF COMPARISON, IMPORTS INCREASED IN VALUE TERMS BY 24 PER CENT TO $34,714 MILLION IN OCTOBER 1987.

DOMESTIC EXPORTS TO ALL MAJOR MARKETS INCREASED IN VALUE BETWEEN OCTOBER 1986 AND OCTOBER 1987. SUBSTANTIAL GROWTH RECORDED IN DOMESTIC EXPORTS TO SINGAPORE (+40 PER CENT), (+40 PER CENT), CHINA (+31 PER CENT), FRANCE (+30 PER CENT) AND UNITED KINGDOM (+26 PER CENT).

TERMS

WAS JAPAN

THE

ON THE SAME BASIS OF COMPARISON, THE VALUE OF IMPORTS FROM ALL MAJOR SUPPLIERS INCREASED, ESPECIALLY THOSE FROM SINGAPORE (+53 PER CENT), CHINA (+34 PER CENT), THE REPUBLIC OF KOREA (+29 PER CENT), ITALY (+24 PER CENT) AND THE UNITED KINGDOM (+24 PER CENT).

RE-EXPORTS TO THE FEDERAL REPUBLIC OF GERMANY, AUSTRALIA, TAIWAN, THE REPUBLIC OF KOREA AND THE U.S. INCREASED SUBSTANTIALLY IN VALUE TERMS BY 90 PER CENT, 77 PER CENT, 63 PER CENT, 42 PER CENT AND 34 PER CENT RESPECTIVELY.

$610,345 THE

TOTAL MERCHANDISE TRADE IN JANUARY TO OCTOBER 1987 AT MILLION, INCREASED BY 38 PER CENT IN VALUE TERMS AS COMPARED WITH SAME PERIOD IN 1986.

ON THE SAME BASIS OF COMPARISON, THE VALUE OF DOMESTIC EXPORTS INCREASED BY 29 PER CENT то $159,328 MILLION WHILE RE-EXPORTS INCREASED BY 50 PER CENT TO $146,158 MILLION. THUS, THE VALUE OF TOTAL EXPORTS INCREASED BY 38 PER CENT TO $305,485 MILLION. IMPORTA INCREASED IN VALUE TERMS BY 37 PER CENT TO $304,860 MILLION.

COMPARING JANUARY TO OCTOBER 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 (+62 PER CENT), CHINA (+58 PER CENT), THE NETHERLANDS (+48 PER CENT), FRANCE (+44 PER CENT) AND THE FEDERAL REPUBLIC OF GERMANY (+39 PER CENT).

DOMESTIC EXPORTS TO HONG KONG'S LARGEST MARKET, THE U.S., GREW BY 16 PER CENT IN VALUE TERMS.

/IMPORTS IN