XN000022-1989-05-11 — Page 4

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THURSDAY, MAY 11, 1989

3

HK'S EXTERNAL TRADE STATISTICS FOR MARCH RELEASED

TO

TOTAL MERCHANDISE TRADE IN MARCH 1989, AT $91,530 MILLION, GREW BY 31 PER CENT IN VALUE TERMS COMPARED WITH MARCH 1988, ACCORDING

1989 MARCH THE DETAILED FIGURES ON THE VALUE OF TRADE IN TODAY THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

RELEASED

DOMESTIC EXPORTS INCREASED BY 18 PER CENT TO $16,623 MILLION IN MILLION, 1989, WHILE RE-EXPORTS ROSE BY 42 PER CENT TO $26,482

MILLION, WHICH BRINGING TOTAL EXPORTS IN MARCH 1989 TO $43,106 REPRESENTED AN INCREASE OF 32 PER CENT OVER MARCH 1988.

MARCH THUS

OVER THE SAME PERIOD OF COMPARISON, IMPORTS INCREASED BY 30 PER CENT TO $48,424 MILLION.

TOTAL

MERCHANDISE

TRADE

IN THE FIRST QUARTER $253,079 MILLION, INCREASED BY 29 PER CENT COMPARED QUARTER IN 1988.

OF WITH

1989, THE

AT SAME

OF VALUE

DOMESTIC RE-EXPORTS

OVER THE SAME PERIOD OF COMPARISON, THE EXPORTS INCREASED BY 9 PER CENT TO $47,927 MILLION, WHILE INCREASED BY 42 PER CENT TO $75,121 MILLION, THUS, THE VALUE OF TOTAL EXPORTS

BY 27 INCREASED

PER CENT TO $123,049 INCREASED BY 32 PER CENT TO $130,031 MILLION.

MILLION.

COMPARING MARCH 1989 WITH MARCH 1988, SUBSTANTIAL RECORDED IN THE VALUE OF DOMESTIC EXPORTS TO JAPAN (+44 CHINA (+35 PER CENT), THE NETHERLANDS (+29 PER CENT) AND KINGDOM (+27 PER CENT).

U.S.A.,

IMPORTS

GROWTH WAS PER CENT), THE UNITED

THE

LARGEST

THE VALUE THE

OF DOMESTIC EXPORTS TO MARKET, AND THE FEDERAL REPUBLIC OF GERMANY, THE THIRD LARGEST MARKET, HOWEVER, THE FOLLOWING CHINA, ALSO INCREASED, BOTH BY 10 PER CENT. VALUE OF DOMESTIC EXPORTS TO FRANCE DECREASED BY 1 PER CENT.

AND CENT)

IN (+54 PER SINGAPORE

IMPORTS FROM MOST MAJOR SUPPLIERS INCREASED IN VALUE TERMS MARCH 1989 OVER MARCH 1988, PARTICULARLY THOSE FROM ITALY CENT), CHINA (+44 PER CENT), TAIWAN (+36 PER (+32 PER CENT). IMPORTS FROM JAPAN, THE U.S.A. AND THE KOREA ALSO INCREASED, BY 24 PER CENT, 22 PER CENT AND RESPECTIVELY.

GERMANY,

REPUBLIC OF 22 PER CENT

ITALY, THE

RE-EXPORTS TO THE FEDERAL REPUBLIC OF U.S.A. THE UNITED KINGDOM, JAPAN AND CHINA INCREASED SUBSTANTIALLY IN VALUE TERMS OVER THE SAME PERIOD OF COMPARISON, BY 80 PER CENT, 70 PER

CENT CENT, 66

57 CENT, PER

PER CENT, 57 PER RESPECTIVELY.

AND 40

PER CENT

QUARTER

IN

COMPARING THE FIRST QUARTER OF 1989 WITH THE SAME 1988, DOMESTIC EXPORTS TO MOST MAJOR MARKETS INCREASED IN VALUE TERMS.

/THE MARKETS