XN000022-1995-12-12 — Page 14

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Over the same period, re-exports of clothing fell by $1.5 billion, representing a decrease of 1.9% over a year earlier.

The value of domestic exports in October 1995, at $20.8 billion, decreased slightly, by 2.6% over a year earlier. This was partly due to a high base of comparison in October last year, when domestic exports showed a notable increase of 8.5%.

Comparing October 1995 with October 1994, increases were recorded in the value of domestic exports to Taiwan (+16%), the United Kingdom (+11%). Canada (+6.2%), the Netherlands (+3.6%), France (+1.6%) and Japan (+1.5%).

However, the value of domestic exports to the United States, Germany, China and Singapore decreased by 7.9%, 7.1%, 3.7% and 3.6% respectively.

Changes in the value of domestic exports to ten main destinations are shown in Table 3.

Comparing the first 10 months of 1995 with the same period in 1994, the value of domestic exports to most main destinations showed increases of various magnitudes: Taiwan (+33%), France (+20%), Japan (+18%), the Netherlands (+12%), the United Kingdom (+8.5%), Canada (+7%), China (+5.1%), Singapore (+1.8%) and the United States (+1.5%).

However, the value of domestic exports to Germany decreased by 3.9%.

Taking all destinations together, the value of domestic exports in the first 10 months of 1995, at $192.7 billion, increased by 6.1% over the same period in 1994.

Table 4 shows changes in the value of domestic exports of ten principal commodity divisions.

Comparing the first 10 months of 1995 with the same period in 1994, increases in the value of domestic exports were registered for electrical machinery, apparatus and appliances, and electrical parts thereof (by $5.7 billion or 28%); clothing (by $1.8 billion or 3%); photographic apparatus, equipment and supplies, optical goods, watches and clocks (by $1.3 billion or 10%); office machines and automatic data processing machines (by $1 billion or 7.4%); and miscellaneous manufactured articles consisting mainly of jewellery, goldsmiths' and silversmiths' wares (by $594 million or 3.7%).