XN000022-1988-08-24 — Page 5

WEDNESDAY, AUGUST 24, 1988

ON THE OTHER HAND, THE GROWTH RATE OF

SIGNIFICANT IN THE PAST FEW MONTHS.

RETAINED IMPORTS WAS

HE POINTED OUT THAT THE CONTINUED SURGE IN RE-EXPORTS REFLECTED THE INCREASING IMPORTANCE OF HONG KONG AS AN ENTREPOT FOR CHINA AND FOR THE ASIA-PACIFIC REGION AS A WHOLE.

THE FOLLOWING TABLE PRESENTS THE PROVISIONAI, MERCHANDISE TRADE FIGURES FOR JULY 1988.

MERCHANDISE:

COMPARATIVE FIGURES

LATEST 3 MONTHS

DOMESTIC EXPORTS

RE-EXPORTS

TOTAL EXPORTS

IMPORTS

TRADE BALANCE

DOMESTIC EXPORTS

RE-EXPORTS

:

TOTAL EXPORTS IMPORTS

;

TRADE BALANCE

$20,135 MILLION $23,975 MILLION : $44,110 MILLION $44,394 MILLION $284

MILLION IN DEFICIT]

MAY 88

то JUL 88

MAY 87

INCREASE

TO JUL 87

HK$ MN.

HK$ MN.

HK$ MN.

55,529

51,674

67.792

45.685

3,855

22,107 48.4

7.5

123,321

97.359

25,962 26.7

127,137

96,597

30,540 31.6

-3,816

762

-4,578

SAME MONTH LAST YEAR

JULY 1988 HK$ MN,

JULY 1987 HK$ MN.

INCREASE

HKI MN.

%

DOMESTIC EXPORTS

20,135

18.948

1,187

6.3

IX OF TOTAL EXPORTS)

(45.6%)(53.8%)

RE-EXPORTS

23,975

16.298

7.677

47.1

TOTAL EXPORTS

44.110

35,246

8,864

25.1

IMPORTS

44,394

33,298

11.096

33.3

TRADE BALANCE

-284

1,948

-2,232

/LAST MONTH