XN000022-1988-09-21 — Page 12

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WEDNESDAY, SEPTEMBER 21, 1988

ANALYSIS OF HALF-YEAR RE-EXPORT TRADE

A SUMMARY ANALYSIS OF HONG KONG'S RE-EXPORTS IN THE FIRST HALF OF 1988 BY MARKET AND BY COUNTRY OF ORIGIN WAS RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY (WEDNESDAY).

HONG KONG'S RE-EXPORTS AMOUNTED TO $117,321 MILLION IN THE FIRST HALF OF THE YEAR, A RISE OF 16 PER CENT IN VALUE TERMS COMPARED WITH THE SAME PERIOD LAST YEAR.

RE-EXPORTS BY MARKET

THE CHANGES

GIVEN IN TABLE 1.

IN THE VALUE OF RE-EXPORTS TO 10 MAJOR MARKETS ARE

CHINA AND THE U.S.A. CONTINUED TO BE THE TWO LARGEST MARKETS FOR HONG KONG'S RE-RXPORTS, ABSORBING 33 PER CENT AND 17 PER CENT RESPECTIVELY OF THE TOTAL RE-EXPORTS IN THE FIRST HALF OF 1988.

JAPAN, TAIWAN AND THE REPUBLIC OF KOREA ACCOUNTED FOR 6 PER

CENT, 6 PER CENT AND 5 PER CENT RESPECTIVELY.

COMPARING THE FIRST HALF OF 1988 WITH THE SAME PERIOD OF 1987, RE-EXPORTS TO ALL MAJOR MARKETS INCREASED IN VALUE TERMS, WITH THE MORE SIGNIFICANT INCREASES RECORDED FOR JAPAN (+87 PER CENT), THE FEDERAL REPUBLIC OF GERMANY [+66 PER CENT), CHINA (+50 PER CENT), TAIWAN (+48 PER CENT) AND AUSTRALIA (+48 PER CENT)

RE-EXPORTS TO CHINA, THE LARGEST MARKET, INCREASED BY $13,007 MILLION OR 50 PER CENT IN THE FIRST HALF OF 1988 AS COMPARED WITH THE FIRST HALF OF 1987.

ANALYSED BY COMMODITY, INCREASES WERE RECORDED IN ARTIFICIAL RESINS AND PLASTIC MATERIALS, AND CELLULOSE ESTERS AND ETHERS (BY $3,019 MILLION OR 325 PER CENT); ELECTRICAL MACHINERY, APPARATUS AND APPLIANCES AND ELECTRICAL PARTS THEREOF (BY $1,563 MILLION OR 89 PER CENT); AND TEXTILES (BY $1.254 MILLTON OR 18 PER CENT).

EDIBLE

HOWEVER, DECREASES WERE RECORDED JN MISCELLANEOUS PRODUCTS AND PREPARATIONS (BY $39 MILLION OR 28 PER CENT); AND CLOTHING (BY $36 MILLION OR 15 PER CENT).

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RE-EXPORTS TO THE U.S.A THE SECOND LARGEST MARKET FOR HONG KONG'S RE-EXPORTS, INCREASED BY $5,146 MILLION OR 36 PER CENT.

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COMMODITIES WITH SIGNIFICANT INCREASES INCLUDED MISCELLANEOUS MANUFACTURED ARTICLES, INCLUDING MAINLY BABY CARRIAGES TOYS, GAMES AND SPORTING GOODS (BY $1,103 MILLION OR 11 PER CENT); ELECTRICAL MACHINERY, APPARATUS AND APPLIANCES AND ELECTRICAL PARTS THEREOF (BY $1,278 MILLION OR 128 PER CENT); AND TELECOMMUNICATIONS AND SOUND RECORDING AND REPRODUCING APPARATUS AND EQUIPMENT (BY $678 MILLION 86 PER CENT).

OR

/HOWEVER, DECREASES