XN000022-1994-02-24 — Page 23

THURSDAY, FEBRUARY 24, 1994

22

ANALYSIS OF EXTERNAL TRADE BY MODE OF TRANSPORT IN 1993

LAST

FOR

TO

THE

TODAY

THE VALUE OF HONG KONG'S EXTERNAL TRADE BY OCEAN ACCOUNTED 51% OF HONG

EXTERNAL TRADE KONG'S

YEAR, ACCORDING STATISTICS RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT

(THURSDAY).

ANOTHER

GOODS OF

PASSENGERS

26% WAS TRANSPORTED BY LAND AND A FURTHER 18% BY THE REST 4.6% INCLUDED SHIPMENT BY RIVER, POSTAL ACCOMPANIED TRANSPORT.

AIR.

TRAVELLING

ON

PARCELS,

MEANS VARIOUS

AND

OF

AN

SHIPMENT BY OCEAN AMOUNTED TO $1,074 BILLION IN 1993, WITH INCREASE OF 8.7% OVER THAT IN 1992. HONG KONG'S EXTERNAL TRADE BY LAND 17% WENT UP BY 17% TO $557 BILLION WHILE THAT BY AIR ALSO WENT UP BY TO $390 BILLION IN 1993.

TABLE 1 SHOWS THE CHANGES IN THE VALUE OF HONG KONG'S EXTERNAL TRADE ANALYSED BY MODE OF TRANSPORT IN 1993 COMPARED WITH 1992.

FOR HONG THE UNITED STATES REMAINED THE LARGEST DESTINATION

BY RE-EXPORTS) KONG'S TOTAL EXPORTS (INCLUDING DOMESTIC EXPORTS AND OCEAN, ACCOUNTING FOR A SHARE OF 32% IN VALUE TERMS IN 1993. THE VALUE OF TOTAL EXPORTS BY OCEAN TO THE UNITED STATES WENT UP BY 11% IN 1993.

THE VALUE OF TOTAL EXPORTS BY OCEAN TO CHINA INCREASED BY 40% IN SEABORNE TOTAL OVER 1992. INCREASES WERE ALSO RECORDED IN 1993 EXPORTS TO THE OTHER MAJOR DESTINATIONS: GERMANY (+15%), JAPAN (+9.1%) AND THE UNITED KINGDOM (+8,7%).

WERE

JAPAN WAS THE LARGEST SUPPLIER OF HONG KONG'S IMPORTS BY OCEAN, IMPORTS ACCOUNTING FOR A SHARE OF 27% IN VALUE IN 1993. THE VALUE OF BY OCEAN FROM JAPAN WENT UP BY 4.9% IN 1993 OVER 1992. INCREASES

IN SEABORNE IMPORTS FROM TAIWAN (+5.4%), THE UNITED ALSO RECORDED

VALUE STATES (+6.8%) AND THE REPUBLIC OF KOREA (+4.9%). HOWEVER, THE

7%. OF SEABORNE IMPORTS FROM CHINA DECREASED BY 0.

TABLE 2 SHOWS THE CHANGES IN VALUE OF EXTERNAL TRADE BY WITH MAJOR TRADING PARTNERS IN 1993 COMPARED WITH 1992.

OCEAN

HONG

IN 1993, THE UNITED STATES ACCOUNTED FOR 31% OF THE

THE VALUE OF TOTAL EXPORTS BY KONG'S TOTAL EXPORTS BY AIR. TO THE UNITED STATES INCREASED BY 20% OVER 1992.

VALUE OF

AIR

THE VALUE

TOTAL OF

EXPORTS BY

AIR TO

MOST

OTHER

MAJOR

DESTINATIONS ALSO WENT UP.

SUPPLIERS

INCREASED OVER (+44%),

AIRBORNE IMPORTS FROM ALL MAJOR CONSIDERABLY IN 1993. THE PERCENTAGE INCREASES IN VALUE IN 1993 1992 WERE: JAPAN (+16%), THE UNITED STATES (+20%), SINGAPORE TAIWAN (+27%) AND SWITZERLAND (+9.2%).

TABLE 3 SHOWS THE CHANGES IN THE VALUE OF EXTERNAL TRADE BY AIR WITH MAJOR TRADING PARTNERS IN 1993 COMPARED WITH 1992.

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