XN000022-1996-02-23 — Page 12

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For goods of Japan origin, 71% of the value of re-exports through Hong Kong in 1995 went to China, 4.9% to the United States and 3.6% to South Korea.

For re-exports originating in Taiwan, an overwhelming proportion (93% of the value in 1995) went to China.

As regards re-exports originating in the United States, 69% of the value in 1995 were shipped to China, 3.9% to Taiwan and 2.9% to South Korea.

Table 2 shows the changes in the value of re-exports to the 10 main destinations.

Comparing 1995 with 1994, increases of various magnitudes were recorded in the value of re-exports to all main destinations: Japan (+28%), Singapore (+28%), France (+28%), Taiwan (+24%), the Netherlands (+23%), China (+19%), the United Kingdom (+18%), South Korea (+17%), Germany (+10%) and the United States (+10%).

Analysed by commodity, significant increases in the value of re-exports to China were recorded for plastics in primary forms (by $9.8 billion or 50%); textiles (by $9 billion or 16%) and electrical machinery, apparatus and appliances, and electrical parts thereof (by $7.9 billion or 33%).

However, decreases in the value of re-exports to China were recorded for road vehicles (by $14.4 billion or 60%); and machinery specialised for particular industries (by $329 million or 2.7%) .

As regards re-exports to the United States, significant increases in value were recorded for electrical machinery, apparatus and appliances, and electrical parts thereof (by $5.6 billion or 33%); miscellaneous manufactured articles consisting mainly of baby carriages, toys, games and sporting goods (by $5.1 billion or 9.1%); and office machines and automatic data processing machines (by $3.3 billion or 37%).

However, decreases in the value of re-exports to the United States were recorded for clothing (by $3.4 billion or 14%); and chemical materials and products (by $124 million or 26%).

Detailed statistics of Hong Kong's re-export trade are published in the December 1995 issue of the Hong Kong External Trade report which will on sale at $122 per copy around February 27.