WEDNESDAY, NOVEMBER 27,
1991
20
OF
TREND UNDERLYING BUT MORE
IT REFLECTED AN IMPORTANTLY, CONTINUOUS RELOCATION OF INDUSTRIAL PROCESSES ACROSS THE BORDER.
THE EXPANSION OF OUTWARD PROCESSING ACTIVITIES CONTRIBUTED THE RAPID INCREASE IN RE-EXPORTS.
TO
THE SPOKESMAN ALSO NOTED THAT, AFTER A FAST GROWTH IN THE EARLY SLOWED DOWN PART OF THIS YEAR, IMPORTS RETAINED FOR DOMESTIC USE MARKEDLY, RECORDING A YEAR-ON-YEAR DECLINE OF 7.9% IN VALUE TERMS OCTOBER.
IN
TOGETHER, IN THE VALUE OF
NEVERTHELESS, FOR THE FIRST 10 MONTHS OF 1991 TAKEN THERE WAS STILL A SIGNIFICANT INCREASE OF 12.5% RETAINED IMPORTS OVER THE SAME PERIOD LAST YEAR.
THE FOLLOWING TABLE PRESENTS THE PROVISIONAL TRADE FIGURES OCTOBER 1991:
FOR
MERCHANDISE:
DOMESTIC EXPORTS :
$21,296 MILLION
RE-EXPORTS
$51,098 MILLION
TOTAL EXPORTS
$72,394 MILLION
IMPORTS
TRADE BALANCE
$69,282 MILLION $3,112 MILLION
[IN SURPLUS]
COMPARATIVE FIGURES
LATEST 3 MONTHS
DOMESTIC EXPORTS
RE-EXPORTS
TOTAL EXPORTS
IMPORTS
TRADE BALANCE
AUG 91 TO
AUG 90 TO
INCREASE
OCT 91
HK$ MN.
OCT 90 HK$ MN.
HK$ MN.
62,186
62.838
-652
-1.0
148,434
115,242
33,192
28.8
210,620
178,080
32,540
18.3
202,990
172,764
30,226
17.5
7,630
5,316
2,314
SAME MONTH LAST YEAR
OCTOBER 1991
HK$ MN.
OCTOBER 1990 HK$ MN.
INCREASE
HK$ MN.
DOMESTIC EXPORTS
21,296
22,185
-889
-4.0
(% OF TOTAL EXPORTS)
(29.4%)
(34.7%)
RE-EXPORTS
51,098
41,839
9,259
22.1
TOTAL EXPORTS
72,394
64,024
8,370
13.1
IMPORTS
69.282
63,208
6,074
9.6
TRADE BALANCE
3,112
816
2,296
/LAST MONTH
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