XN000022-1989-03-23 — Page 3

N

THURSDAY, MARCH 23, 1989

THE SPOKESMAN

THE GROWTH

MOMENTUM

OF

ΤΟ LIKELY

IN

ENTREPOT TRADE AND

CONTRIBUTORY BE THE MAIN

IN

THAT NOTED FURTHER RE-EXPORTS WAS SUSTAINED, WITH INCREASES OUTWARD PROCESSING ACTIVITIES

FACTORS.

VALUE OF WITH

AS A RESULT, RE-EXPORTS REPRESENTED 60.8 PER CENT BY

OF 1989, COMPARED TWO MONTHS THE TOTAL EXPORTS IN THE FIRST 53.2 PER CENT IN THE FIRST TWO MONTHS OF 1988.

THE FOLLOWING TABLE PRESENTS THE PROVISIONAL TRADE FIGURES FEBRUARY 1989.

FOR

MERCHANDISE:

DOMESTIC EXPORTS RE-EXPORTS

TOTAL EXPORTS IMPORTS

TRADE BALANCE

$14,042 MILLION $22,385 MILLION $36,427 MILLION $38,472 MILLION $ 2,045 MILLION

[IN DEFICIT]

COMPARATIVE FIGURES

LATEST 3 MONTHS

DEC 88 TO FEB 89

DEC 87

TO FEB 88

INCREASE

HK$ MN.

HK$ MN.

HK$ MN.

%%

DOMESTIC EXPORTS

52,477

48,967

RE-EXPORTS

76,762

53,334

3.510

23,428

7.2

43.9

TOTAL EXPORTS

129,239

102,301

26,938 26.3

1MPORTS

131,790

100,438

31,352

31.2

TRADE BALANCE

-2,551

1,863

-4,414

SAME MONTH LAST YEAR

FEBRUARY 1989 HK$ MN.

FEBRUARY 1988 HK$ MN.

INCREASE

HKS MN.

%%

DOMESTIC EXPORTS

14.042

(% OF TOTAL EXPORTS }

(38.5%)

13.641 (46.2%)

401

2.9

RE-EXPORTS

22.385

15,914

6.471

40.7

TOTAL EXPORTS

36.427

29,555

6,872 23.3

IMPORTS

38.472

28,470

10.002

35.1

TRADE BALANCE

-2.045

1,085

-3.130

LAST MONTH