XN000022-1993-01-29 — Page 9

FRIDAY, JANUARY 29, 1993

THIS WAS MAINLY ATTRIBUTABLE TO THE CONTINUED EXPANSION IN OUTWARD PROCESSING ACTIVITIES ACROSS THE BORDER AND INCREASED IMPORTS BY CHINA TO MEET ITS DOMESTIC DEMAND.

AFFECTED BY THE ON-GOING STRUCTURAL SHIFT TO RE-EXPORTS AND THE RELATIVELY WEAK DEMAND IN SOME OF THE MAJOR OVERSEAS MARKETS, DOMESTIC EXPORTS

1992 OVER REGISTERED ONLY A SMALL INCREASE IN VALUE TERMS IN

1991.

13.7%

DEMAND.

RETAINED IMPORTS CONTINUED TO RECORD CONSIDERABLE IN VALUE TERMS IN 1992 OVER 1991, REFLECTING A STRONG DOMESTIC

GROWTH,

BY

THE TABLE ANNEXED PRESENTS THE PROVISIONAL FIGURES OF EXTERNAL TRADE FOR DECEMBER 1992.

A SEPARATE ANALYSIS OF HONG KONG'S EXTERNAL TRADE BY AND COUNTRY FOR DECEMBER AND THE WHOLE YEAR OF 1992 WILL BE IN MID-FEBRUARY 1993.

COMMODITY RELEASED

PROVISIONAL FIGURES OF EXTERNAL TRADE FOR DECEMBER, 1992

MERCHANDISE: DOMESTIC EXPORTS

RE-EXPORTS

TOTAL EXPORTS

IMPORTS

$21,658 MILLION

$64,284 MILLION

$85,942 MILLION

$90,232 MILLION

COMPARATIVE FIGURES

TRADE BALANCE

-$4,290 MILLION

LATEST 3 MONTHS

OCT 92 TO DEC 92 HK$ MN.

OCT 91 TO

INCREASE

DEC 91 HK$ MN.

HK$ MN.

%

DOMESTIC EXPORTS

RE-EXPORTS

TOTAL EXPORTS

63,839

64.052

-213

-0.3

195,512

155,885

39,627

25.4

259,351

219,937

39,414

17.9

IMPORTS

TRADE BALANCE

265,360

216,971

48,389

22.3

-6,009

2,966

-8,975

SAME MONTH LAST YEAR

DECEMBER 1992

HK$ MN,

DECEMBER 1991 HK$ MN.

INCREASE

HK$ MN.

X

DOMESTIC EXPORTS

21.658

22,299

-641

-2.9

(% OF TOTAL EXPORTS}

(25.2%)

(29.8%)

RE-EXPORTS

64,284

52,487

11,797

22.5

TOTAL EXPORTS

85,942

74.786

11,156

14.9

IMPORTS

90.232

76,974

13,258

17.2

TRADE BALANCE

-4,290

-2,188

102

/LAST MONTH

+

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