XN000022-1988-04-17 — Page 2

SUNDAY, APRIL 17, 1988

REVIEW OF OVERSEAS TRADE IN 1987 PUBLISHED

THE HONG KONG REVIEW OF OVERSEAS TRADE IN 1987 WILL BE ON FROM TOMORROW (MONDAY).

SALE

HONG

EXTERNAL KONG'S STATISTICAL TABLES

TRADE WITH

IT CONTAINS A BRIEF TEXT ON

13

AND IN 1987,

GRAPHS

39 PERFORMANCE COMPARATIVE FIGURES FOR 1987 AND EARLIER YEARS.

ACCOUNT

OF THE

SIGNIFICANT

PRESENTS A SUMMARY

AND COMPOSITION OF HONG KONG'S EXTERNAL

THE REVIEW CHANGES IN THE DIRECTION TRADE IN 1987.

COMMODITY

IN PERFORMANCE

CATEGORIES, WORLD TRADE

TRADING AND STATISTICS ON

AND IN

PRINCIPAL

IN

A CONCISE AND COMPREHENSIVE ANALYSIS OF TRADE BY MAJOR PARTNERS AND BY PRINCIPAL HONG KONG'S EXPORTS OVERSEAS MARKETS COMPARED WITH OUR MAJOR COMPETITORS, ARE INCLUDED THE PUBLICATION.

STATISTICS ON EXCHANGE RATES OF

PRINCIPAL FOREIGN CURRENCIES INDEX FOR THE HONG

AND THE EFECTIVE (TRADE-WEIGHTED) EXCHANGE RATE KONG DOLLAR ARE ALSO PROVIDED.

IN VALUE 19 PER CENT

ACCORDING TO THE REVIEW, IMPORTS ROSE BY 37 PER CENT TERMS IN 1987 OVER 1986, WHICH WAS MUCH HIGHER THAN THE INCREASE RECORDED IN 1986 OVER 1985.

IN THE VALUE SUBSTANTIAL INCREASES WERE RECORDED DURING 1987

CENT) AND JAPAN OF IMPORTS FROM CHINA (BY $35,724 MILLION OR 14 PER

IN (BY $15,507 MILLION OR 27 PER CENT), WHILE DECREASES WERE RECORDED IMPORTS FROM THE REPUBLIC OF SOUTH AFRICA (BY $179 MILLION CENT) AND BURMA (BY $94 MILLION OR 35 PER CENT).

DOMESTIC EXPORTS GREW BY 27 PER CENT IN VALUE AS COMPARED WITH THE 19 PER CENT INCREASE IN 1986.

OR 7 PER

TERMS IN 1987,

GREW

INCREASED SIGNIFICANTLY THE VALUE OF DOMESTIC EXPORT TO CHINA BY $9,849 MILLJON OR 55 PER CENT WHILE THAT TO THE UNITED STATES BY $8,598 MILLION OR 13 PER CENT.

THE VALUE

OF

DOMESTIC

EXPORTS

то

TRAQ

DECREASED BY

$176

MILLION OR 91 PER CENT.

ANALYSED BY COMMODITY CATEGORIES, SUBSTANTIAL GROWTH

TEXTILE YARN, FABRICS, TERMS WAS REGISTERED FOR IMPORTS OF ARTICLES AND RELATED PRODUCTS (BY $14,731 MILLION OR 35 PER WELL AS ELECTRICAL MACHINERY, APPARATUS AND APPLIANCES AND PARTS THEREOF (BY $11,404 MILLION OR 48 PER CENT).

CENT) ELECTRICAL

IN VALUE MADE-UP AS

/HOWEVER, DECREASES