12
THURSDAY, MAY 24, 1990
EXPORTS,
AS THE VALUE OF IMPORTS WAS LARGER THAN THAT OF TOTAL A VISIBLE TRADE DEFICIT OF $3,373 MILLION, EQUIVALENT TO 6.7 PER OF THE VALUE OF IMPORTS, WAS RECORDED IN APRIL 1990.
CENT
EQUIVALENT
TO
THIS COMPARES WITH A DEFICIT OF $2,364 MILLION, 4.9 PER CENT OF THE VALUE OF IMPORTS, RECORDED IN APRIL 1989.
THE FIGURES IN PERSPECTIVE, PUTTING THESE EXPORTS FOR THE FIRST FOUR MONTHS OF 1990 WAS $176,876 UP OF DOMESTIC EXPORTS OF $62,867 MILLION AND RE-EXPORTS MILLION.
VALUE OF TOTAL MILLION, MADE
OF
$114,009
BY
COMPARED WITH THE SAME PERIOD LAST YEAR, TOTAL EXPORTS GREW
DOMESTIC EXPORTS $8,272 MILLION OR 4.9 PER CENT IN VALUE TERMS, WITH
AND RE-EXPORTS RISING BY FALLING BY $2,540 MILLION OR 3.9 PER CENT $10,812 MILLION OR 10.5 PER CENT,
OVER THE SAME PERIOD, IMPORTS ROSE BY $5,371 MILLION OR BY PER CENT IN VALUE TERMS, TO $183,321 MILLION.
EQUIVALENT
3.0
ΤΟ
3.5
WAS RECORDED IN THE FIRST FOUR
A VISIBLE TRADE DEFICIT OF $6,445 MILLION, PER CENT OF THE VALUE OF IMPORTS, MONTHS OF 1990.
THIS COMPARES WITH A DEFICIT OF $9,346 MILLION,
IMPORTS, RECORDED IN THE FIRST 5.3 PER CENT OF THE VALUE OF MONTHS OF 1989.
EQUIVALENT
ΤΟ FOUR
REMAINED WEAK IN
COMMENTING ON THESE FIGURES, A GOVERNMENT SECRETARIAT SPOKESMAN SAID THE PERFORMANCE OF DOMESTIC EXPORTS APRIL.
ON THE OTHER HAND, SUPPORTED
CONTINUED
CONTINUED
TO SHOW PROPORTIONATE
MAINLY BY SUSTAINED GROWTH IN OF CHINA ORIGIN, RE-EXPORTS RE-EXPORTS
A
THIS HAD SIGNIFICANT INCREASE.
A LED TO SHIFT FROM DOMESTIC EXPORTS TO RE-EXPORTS IN HONG KONG'S TOTAL TRADE.
EXPORT
RE-EXPORTS OF CHINA ORIGIN
MOREOVER, A SIZEABLE PART OF THE WERE KNOWN TO RE PRODUCTS OF OUTWARD COMMISSIONED BY HONG KONG MANUFACTURERS.
PROCESSING
ARRANGEMENTS
AS REGARDS RETAINED IMPORTS,
THEIR MARGIN IN THE DERIVATION OF INCREASE IN APRIL COMPARED WITH A YEAR EARLIER.
AFTER ALLOWING
THERE VALUE,
FOR A RE-EXPORT WAS ONLY A SMALL
THE FOLLOWING TABLE PRESENTS THE PROVISIONAL TRADE FIGURES
FOR
APRIL 1990.
/MERCHANDISE: DOMESTIC
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