XN000022-1988-01-26 — Page 10

ON

1

TUESDAY, JANUARY 26, 1988

FLOURISHING DEMAND

THE STRONG GROWTH IN IMPORTS WAS MAINLY DUE TO THE RE-EXPORT TRADE, BUT ALSO REFLECTED THE HIGH LEVEL OF DOMESTIC IN 1987, HE SAID.

SINGLE

THE SPOKESMAN CAUTIONED AGAINST READING TOO MUCH INTO A

FASTER GROWTH RATE OF DOMESTIC MONTH'S FIGURES. NEVERTHELESS, THE

1987, COUPLED WITH THE EXPORTS IN DECEMBER

SUSTAINED GROWTH IN THAT EXPORT PERFORMANCE WAS LIKELY IMPORTS, SUGGESTED

TO REMAIN MONTHS, OF

ALTHOUGH THE SITUATION SATISFACTORY IN THE NEXT COUPLE BEYOND THAT WAS MORE UNCERTAIN.

THE FOLLOWING TABLE PRESENTS THE PROVISIONAL MERCHANDISE FIGURES FOR DECEMBER 1987.

TRADE

TRADE FIGURES FOR DECEMBER, 1987

THE

CENSUS AND STATISTICS DEPARTMENT FOLLOWING PROVISIONAL MERCHANDISE TRADE FIGURES FOR DECEMBER :-

HAS RELEASED

MERCHANDISE:

DOMESTIC EXPORTS : $18,850 MILLION RE-EXPORTS

$19,055 MILLION

TOTAL EXPORTS

$37,905 MILLION

IMPORTS

$38,818 MILLION

TRADE BALANCE

913 MILLION

[IN DEFICIT]

COMPARATIVE FIGURES

LATEST 3 MONTIIS

OCT 87 ΤΟ DEC 87 HK$ MN.

OCT 86 TO DEC 86 HK$ MN.

INCREASE

IIKS MN.

DOMESTIC EXPORTS

54.115

45,597

8.518 18.

7

RE-EXPORTS

53,704

37,194

16.510

44.1

TOTAL EXPORTS

107,819

82,791

25,028

3.

27

IMPORTS

107,798

XL,518

26,280

32.2

TRADE BALANCE

21

1.273

-1,252

/SAME MONTI

THE

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