XN000022-1989-12-11 — Page 3

MONDAY, DECEMBER 11, 1989

2

COMPARING JANUARY TO OCTOBER 1989 WITH THE SAME PERIOD IN 1988, THE MARKETS WITH SIGNIFICANT GROWTH IN THE VALUE OF DOMESTIC EXPORTS INCLUDED TAIWAN (+26 PER CENT), JAPAN (+18 PER CENT), CHINA (+18 PER CENT) AND SINGAPORE (+14 PER ENT). DOMESTIC EXPORTS TO CANADA AND AUSTRALIA ALSO INCREASED, BY PER CENT AND 5 PER CENT RESPECTIVELY IN VALUE TERMS.

HOWEVER, THOSE TO THE FEDERAL REPUBLIC OF GERMANY, THE UNITED KINGDON AND THE NETHERLANDS DECREASED, ALL BY 4 PER CENT. DOMESTIC EXPORTS TO THE USA, THE LARGEST MARKET, INCREASED BY 1 PER CENT.

IMPORTS IN JANUARY TO OCTOBER 1989 FROM ALL INCREASED IN VALUE TERMS COMPARED WITH THOSE IN THE 1988.

MAJOR SUPPLIERS SAME PERIOD IN

+31

SIGNIFICANT INCREASES WERE RECORDED IN IMPORTS FROM CHINA PER CENT), ITALY (+29 PER CENT), SINGAPORE (+23 PER CENT), TAIWAN (+21 PER CENT) AND THE USA (+14 PER CENT). IMPORTS FRON THE FEDERAL REPUBLIC OF GERMANY, SWITZERLAND AND JAPAN ALSO INCREASED, BY 8 PER CENT, 7 PER CENT AND 6 PER CENT RESPECTIVELY.

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OVER THE SAME PERIOD OF COMPARISON, RE-EXPORTS TO THE FEDERAL REPUBLIC OF GERMANY. THE USA CANADA, THE UNITED KINGDOM, AUSTRALIA AND JAPAN INCREASED SUBSTANTIALLY IN VALUE TERMS, BY 55 PER CENT, 51 PER CENT, 47 PER CENT, 44 PER CENT, 39 PER CENT AND 32 PER CENT RESPECTIVELY. INCREASES WERE ALSO RECORDED FOR VALUE OF RE-EXPORTS ΤΟ SINGAPORE, TAIWAN AND CHINA, BY 28 PER CENT, 20 PER CENT AND 17 PER CENT RESPECTIVELY.

ALL TRADE STATISTICS PRESENTED HERE ARE MEASURED AT CURRENT PRICES AND NO ACCOUNT HAS BEEN TAKEN OF THE CHANGES IN PRICES BETWEEN THE PERIODS OF COMPARISON. A SEPARATE ANALYSIS OF THE PRICE AND VOLUME MOVEMENTS OF EXTERNAL TRADE IN OCTOBER 1989 WILL BE RELEASED IN EARLY JANUARY 1990.

THE CHANGES IN DOMESTIC EXPORTS TO HONG KONG'S 10 MAJOR MARKETS ARE SHOWN IN TABLE 1.

COMPARING JANUARY TO OCTOBER 1989 WITH THE SAME PERIOD IN 1988, NOTABLE INCREASES IN VALUE OF DOMESTIC EXPORTS WERE REGISTERED FOR CLOTHING (BY $4,356 MILLION OR 8 PER CENT); OFFICE MACHINES AND AUTOMATIC DATA PROCESSING EQUIPMENT (BY $1,303 MILLION CENT); TEXTILES (BY $1,241 MILLION OR 10 PER CENT) AND RESINS AND PLASTIC MATERIALS, AND CELLULOSE ESTERS AND 3919 MILLION OR 44 PER CENT).

OR 12 PER ARTIFICIAL

ETHERS (BY

HOWEVER,

DECREASES WERE

RECORDED

FOR

MISCELLANEOUS

MANUFACTURED ARTICLES (BY $1.218 MILLION OR 5 PER CENT) AND TELECOMMUNICATIONS AND SOUND RECORDING AND REPRODUCING EQUIPMENT (BY 8682 MILLION OR 5 PER CENT)

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APPARATUS

AND

TABLE 2 ILLUSTRATES THE CHANGES IN

DOMESTIC EXPORTS OF THE

MAJOR COMMODITY DIVISIONS.

/THE CHANGES