XN000022-1991-05-25 — Page 3

N

SATURDAY, MAY 25, 1991

THIS WAS PRECEDED BY A CONTINUED MARKED INCREASE IN RETAINED IMPORTS OF RAW MATERIALS AND SEMI-MANUFACTURES IN RECENT MONTHS.

RESULT T ΤΟ

MOREOVER, RE-EXPORTS CONTINUED TO GROW STRONGLY. AS A THE SHARE OF RE-EXPORTS IN THE VALUE OF TOTAL EXPORTS ROSE FURTHER, 69% IN THE FIRST FOUR MONTHS OF 1991.

IT WAS ALSO ENCOURAGING TO NOTE THAT, AS AN INDICATOR OF THE LEVEL OF DOMESTIC DEMAND AND OF THE UPCOMING DOMESTIC EXPORT PERFORMANCE, RETAINED IMPORTS RECORDED YEAR-ON-YEAR GROWTH RATES OF 24.8% IN APRIL AND OF 20.7% IN THE FIRST FOUR MONTHS OF 1991 COMBINED.

THE FOLLOWING TABLE PRESENTS THE PROVISIONAL TRADE FIGURES APRIL 1991.

FOR

MERCHANDISE: DOMESTIC EXPORTS

RE-EXPORTS TOTAL EXPORTS IMPORTS

TRADE BALANCE

$18,193 MILLION $41,514 MILLION $59,707 MILLION $65,817 MILLION $6,110 MILLION

[IN DEFICIT]

COMPARATIVE FIGURES

LATEST 3 MONTHS

FEB 91 TO

APR 91

FEB 90 TO

APR 90

INCREASE

HK$ MN

HK$ MN

HK$ MN

DOMESTIC EXPORTS

47,517

46,229

1,288

2.8

RE-EXPORTS

TOTAL EXPORTS

IMPORTS

TRADE BALANCE

106,853

86,049

20,804

24.

DO N

2

154,370

132,278

22,092

16.7

167,831

142,229

25,602

18.0

-13,461

-9,951

-3,510

APRIL

SAME MONTH LAST YEAR

1991

HK$ MN

APRIL 1990 HK$ MN

INCREASE

HK$ MN

DOMESTIC EXPORTS

18,193

16,407

1,786

10.9

(% OF TOTAL EXPORTS)

(30.5%)

(34.7%)

RE-EXPORTS

41,514

30,860

10,654

34.5

TOTAL EXPORTS

59,707

47,267

12,440

26.3

IMPORTS

65,817

50,640

15,177

30.0

TRADE BALANCE

-6,110

-3,373

-2,737

APRIL

LAST MONTH

1991

HK$ MN

MARCH

1991 HK$ MN

INCREASE

HK$ MN

%%

DOMESTIC EXPORTS

18, 193

14,978

3,215

21.5

(% OF TOTAL EXPORTS )

(30.5%)

(30.7%)

RE-EXPORTS

41,514

33,878

7,636

22.5

TOTAL EXPORTS

59,707

48,856

10,851

22

.2

IMPORTS

65,817

57,006

8.811

15.5

TRADE BALANCE

-6,110

-8,150

2,040

/CALENDAR YEAR