XN000022-1995-03-13 — Page 10

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HK's external trade statistics for January 1995

The Census and Statistics Department today (Monday) released detailed statistics on external trade with breakdown by country/territory and commodity for January 1995.

The value of re-exports continued to increase substantially, by 25% over a year earlier to $83.1 billion in January 1995.

Comparing January 1995 with January 1994, the value of re-exports to all main destinations showed increases of various magnitudes: Canada (+40%), Taiwan (+37%), the Netherlands (+35%), Japan (+34%), Singapore (+30%), South Korea (+29%), the United States (+28%), China (+17%), the United Kingdom (+15%) and Germany (+8.8%).

Changes in the value of Hong Kong's re-exports to the 10 main destinations are shown in Table 1.

As the external trade figures for a single month at the beginning of each year tend to be fluctuating due to effects of the Lunar New Year holidays, it is more meaningful to make comparisons over a longer period.

Comparing the three months ending January 1995 with the three months ending January 1994, the value of re-exports to most main destinations showed increases of various magnitudes: Singapore (+29%), Japan (+28%), Canada (+28%), the Netherlands (+24%), Taiwan (+21%), the United States (+18%), China (+16%), the United Kingdom (+9.9%) and South Korea (+7.2%),

0.6%.

However, the value of re-exports to Germany decreased marginally by

Table 2 shows changes in the value of re-exports of the 10 principal commodity divisions.

Comparing the three months ending January 1995 with the three months ending January 1994, increases of various magnitudes were recorded in the value of re-exports of most principal commodity divisions.

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