Domestic export statistics
In the second quarter of 1995, the four major industries of textiles; machinery, equipment, apparatus, parts and components; wearing apparel; and consumer electrical and electronic products together accounted for 68% of Hong Kong's total domestic exports of manufactured goods, according to statistics released today (Thursday) by the Census and Statistics Department.
In the second quarter of 1995, domestic exports of machinery, equipment, apparatus, parts and components increased significantly, by 21% over a year earlier to $10.0 billion. Those of wearing apparel and textiles increased by 5% and 3% to $9.8 billion and $11.3 billion respectively. On the other hand, domestic exports of consumer electrical and electronic products decreased by 7% to 7.6 billion.
As for other industries, significant absolute increases in the value of domestic exports were also recorded for basic metals and fabricated metal products (+$294 million or +13%); chemicals and chemical products (+$263 million or +13%); paper and paper products (+$244 million or +13%); professional and optical equipment (+$237 million or +6%). For the industry of transport equipment and that of products of petroleum and coal, although the changes in absolute value were not as large, marked percentage increases of 410% and 82% were recorded respectively.
On the other hand, more notable absolute decreases in the value of domestic exports were recorded for non-metallic mineral products (-$50 million or -28%); and footwear industry (-$22 million or -51%).
The above statistics of domestic exports classified by industrial origin are derived by re-grouping the merchandise export items originally grouped under the external trade classification system according to the industries in which these merchandise items are normally produced. Transactions in gold and specie are excluded.
The industrial classification used is the Hong Kong Standard Industrial Classification (HSIC). The HSIC is to be distinguished from the United Nations Standard International Trade Classification (SITC) used in the regular trade statistics reports. In comparison, the HSIC is more related to production processes whereas the SITC is more geared to end uses of products.
No comments yet.
Private notes are available after approval.