XN000022-1989-10-25 — Page 22

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WEDNESDAY, OCTOBER 25, 1989

EQUIVALENT TO IN THE FIRST NINE

THIS COMPARES WITH A DEFICIT OF $5,282 MILLION, 1.5 PER CENT OF THE VALUE OF MONTHS OF 1988.

RECORDED IMPORTS,

COMMENTING

THESE ON

FIGURES, A

GOVERNMENT

SECRETARIAT

THE PERFORMANCE OF

VARIOUS MAJOR MARKETS REMAINED

SPOKESMAN SAID THAT WITH THE EXCEPTION OF JAPAN, HONG KONG'S DOMESTIC EXPORTS TO THE SLUGGISH IN SEPTEMBER.

THE GROWTH RATE IN VALUE

PRELIMINARY INDICATIONS WERE THAT TERMS OF DOMESTIC EXPORTS TO CHINA SHOWED A SMALL DECLINE.

THIS MIGHT BE PARTLY DUE TO A

AND PARTLY DUE TO THE ACTIVITIES. HAVING INTENSIFIED SINCE JUNE.

SETBACK IN OUTWARD PROCESSING CHINA PROGRAMME IN

AUSTERITY

THOSE то THE

WHILE DOMESTIC EXPORTS TO JAPAN GREW MODERATELY, FEDERAL REPUBLIC OF GERMANY AND TO THE UNITED KINGDOM FELL.

UNITED

DOMESTIC EXPORTS TO THE EXPORT MARKET, SHOWED LITTLE CHANGE, HOWEVER.

STATES. HONG KONG'S LARGEST

IMPORTS

YEAR-ON-YEAR COMPARISON, THE THE SPOKESMAN ADDED THAT, ON A

то RETAINED

CONTINUED

FALL VALUE OF

SEPTEMBER. IN

THIS SUGGESTED THAT DOMESTIC DEMAND HAD CONTINUED TO SLACKEN.

THE FOLLOWING TABLE PRESENTS THE PROVISIONAL TRADE FIGURES SEPTEMBER 1989.

MERCHANDISE: DOMESTIC EXPORTS

$19,542 MILLION

RE-EXPORTS

$30,435 MILLION

TOTAL EXPORTS IMPORTS

$49.977 MILLION $46,908 MILLION

TRADE BALANCE

$ 3,069 MILLION

[IN SURPLUS ]

COMPARATIVE FIGURES

LATEST THREE MONTHS

JUL 99 TO SEP 89

HK$ MN.

JUL 88 TO SEP 88 HK$ MN.

INCREASE

HK$ MN.

%

DOMESTIC EXPORTS

61,870

60,755

1,115

1.8

RE-EXPORTS

93,692

TOTAL EXPORTS

155,562

75,627

136,382

18,065 23.9

19,180 14.1

IMPORTS

143,607

132,912

10,695

8.0

TRADE BALANCE

11.955

3,470

8,485

/SAME MONTH

FOR