XN000022-1988-08-11 — Page 3

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THURSDAY, AUGUST 11, 1988

COMPARING THE FIRST HALF OF 1988 WITH THE SAME PERIOD IN DOMESTIC EXPORTS TO MOST MAJOR MARKETS INCREASED IN VALUE TERMS.

1987,

EXPORTS

THE MARKETS WITH MORE SIGNIFICANT GROWTH IN DOMESTIC INCLUDED SINGAPORE (+39 PER CENT), CHINA (+29 PER CENT), FRANCE (+23 PER CENT), THE UNITED KINGDOM (+20 PER CENT), THE NETHERLANDS (+17 PER CENT), THE FEDERAL REPUBLIC OF GERMANY (+14 PER CENT) JAPAN (+14 PER CENT).

AND

ON THE OTHER HAND, DOMESTIC EXPORTS TO HONG KONG'S LARGEST MARKET, THE U.S.A., DECREASED BY

DECREASED BY 1 PER CENT IN VALUE TERMS.

IMPORTS IN THE FIRST HALF OF 1988 FROM ALL MAJOR SUPPLIERS INCREASED IN VALUE TERMS WHEN COMPARED WITH THE SAME PERIOD IN 1987.

FROM THE CENT), THE

PER

CENT) OF

SIGNIFICANT INCREASES WERE RECORDED IN IMPORTS REPUBLIC OF KOREA (+47 PER CENT), SWITZERLAND (+36 PER U.S.A. (+32 PER CENT), TAIWAN (+31 PER CENT), CHINA (+28 AND THE FEDERAL REPUBLIC OF GERMANY (+28 PER CENT). THE VALUE IMPORTS FROM JAPAN GREW LESS RAPIDLY BY 23 PER CENT.

THE

DURING THE SAME PERIOD OF COMPARISON, RE-EXPORTS TO JAPAN, FEDERAL REPUBLIC OF GERMANY, CHINA, TAIWAN, AUSTRALIA AND THE UNITED KINGDOM INCREASED SUBSTANTIALLY IN VALUE TERMS BY 87 PER CENT, 66 PER CENT, 50 PER CENT, 48 PER CENT, 18 PER CENT AND 47 PER CENT

RESPECTIVELY.

THE VALUE OF RE-EXPORTS TO THE U.S.A. AND THE FEDERAL REPUBLIC OF KORRA INCREASED LESS RAPIDLY BY 36 PER CENT AND 33 PER CENT RESPECTIVELY.

ALL TRADE STATISTICS PRESENTED HERE ARE MEASURED AT CURRENT PRICES AND NO ACCOUNT HAS BEEN TAKEN OF THE CHANGES IN PRICES THE PERIODS OF COMPARISON.

BETWEEN A SEPARATE ANALYSIS OF THE PRICE AND VOLUME MOVEMENTS OF EXTERNAL TRADE IN JUNE 1988 WILL BE RELEASED IN EARLY SEPTEMBER,

THE CHANGES IN DOMESTIC MARKETS ARE SHOWN IN TABLE 1.

EXPORTS ΤΟ HONG KONG'S 10

MAJOR

1987,

COMPARING THE FIRST HALF OF 1988 WITH THE SAME PERIOD IN INCREASES IN DOMESTIC EXPORTS IN VALUE TERMS WERE RECORDED IN MOST MAJOR COMMODITY DIVISIONS.

THE MORE NOTABLE ONES WERE OFFICE MACHINES AND AUTOMATIC DATA PROCESSING EQUIPMENT (BY $1,989 MILLION OR 50 PER CENT); PHOTOGRAPHIC APPARATUS, EQUIPMENT AND SUPPLIES AND OPTICAL GOODS, WATCHES AND CLOCKS (BY $1,855 MILLION OR 2H PER CENT); ELECTRICAL MACHINERY, APPARATUS AND APPLIANCES AND ELECTRICAL PARTS THEREOF (BY MILLION OR 23 PER CENT); AND TELECOMMUNICATIONS AND REPRODUCING APPARATUS AND EQUIPMENT (BY $820 CENT).

$1.505 AND SOUND RECORDING

MILLION OR 12

+

PER

/DOMESTIC EXPORTS