XN000022-1990-05-11 — Page 4

FRIDAY, MAY 11, 1990

THE CHANGES IN THE VALUE OF RE-EXPORTS TO HONG KONG'S 10 MAJOR MARKETS ARE SHOWN IN TABLE 5.

THE VALUE OF RE-EXPORTS TO THE FEDERAL REPUBLIC OF GERMANY, CANADA, THE USA, SINGAPORE, THE UNITED KINGDOM AND TAIWAN INCREASED SUBSTANTIALLY IN MARCH 1990 OVER MARCH 1989, BY 60 PER CENT, 36 PER CENT, 31 PER CENT, 29 PER CENT, 26 PER CENT AND 20 PER CENT RESPECTIVELY.

THOSE TO JAPAN, AUSTRALIA AND THE REPUBLIC OF KOREA INCREASED BY 10 PER CENT, 4 PER CENT AND 1 PER CENT IN VALUE TERMS RESPECTIVELY.

HOWEVER, THE VALUE OF RE-EXPORTS TO CHINA DECREASED BY 6 PER

CENT.

COMPARING THE FIRST QUARTER OF 1990 OVER THE SAME QUARTER OF 1989, RE-EXPORTS TO THE FEDERAL REPUBLIC OF GERMANY, CANADA AND THE USA INCREASED SUBSTANTIALLY IN VALUE TERMS, BY 48 PER CENT, 35 PER CENT AND 28 PER CENT RESPECTIVELY.

INCREASES WERE ALSO RECORDED FOR THE VALUE OF RE-EXPORTS THE UNITED KINGDOM, SINGAPORE, TAIWAN, JAPAN AND AUSTRALIA, BY 21 CENT, 18 PER CENT, 15 PER CENT, 8 PER CENT AND 4 PER RESPECTIVELY.

TO

PER

CENT

HOWEVER, THOSE TO CHINA AND THE REPUBLIC OF KOREA DECREASED 11 PER CENT AND 3 PER CENT RESPECTIVELY.

BY

OF

TABLE 6 ILLUSTRATES THE CHANGES IN THE VALUE OF RE-EXPORTS THE MAJOR COMMODITY DIVISIONS.

COMPARING THE FIRST QUARTER OF 1990 WITH THE SAME QUARTER IN 1989, A CONSIDERABLE INCREASE IN THE VALUE OF RE-EXPORT WAS REGISTERED FOR MISCELLANEOUS MANUFACTURED ARTICLES (BY $2,712 MILLION OR 41 PER CENT}; CLOTHING (BY $1.881 MILLION OR 25 PER CENT); TELECOMMUNICATIONS AND SOUND RECORDING APPARATUS AND EQUIPMENT (BY $1,173 MILLION OR 21 PER CENT); AND TEXTILES (BY $700 MILLION OR 8 PER CENT).

HOWEVER, A DECREASE IN THE VALUE OF RE-EXPORTS WAS RECORDED FOR TEXTILE FIBRES AND THEIR WASTES (BY $700 MILLION OR 47 PER

CENT), AND NON-FERROUS METALS (BY $681 MILLION OR 52 PER CENT).

ALL TRADE STATISTICS DESCRIBED 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 MARCH 1990 WILL BE RELEASED IN EARLY JUNE 1990.

DETAILED STATISTICS ON TRADE VALUE BY COMMODITY AND BY COUNTRY ARE PUBLISHED IN TRADE STATISTICS REPORTS. THE MARCH 1990 ISSUE OF THE "HONG KONG EXTERNAL TRADE" WITH DETAILED ANALYSES ON IMPORTS, EXPORTS AND RE-EXPORTS IN MARCH 1990 WILL BE AVAILABLE ON SALE AROUND MAY 18, AT THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, GPO BUILDING, CONNAUGHT PLACE, CENTRAL AT $27 PER COPY.

/ENQUIRIES REGARDING