TNAG-0145-FCO40-181-Exports-of-textiles-to-United-States-of-America-1969 — Page 29

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

with the practice in most other countries, the increase in

imports of man-made fibre textiles between 1966 and 1968 would

have been reduced from 642 m. to 305 m.sq.yds. The increase in

imports of cotton, wool and man-made textiles would similarly

have been reduced to only 176 m.sq.yds. In other words, the

increase in imports of textile mill products and apparel and

related products between 1966 and 1968 was very little greater

than the increase in U.S. production, with this difference :

that (1) imports of textile mill products declined as production

rapidly increased and (ii) imports of apparel and related

products rose much faster than domestic production of similar

goods. Japan was the principal supplier of man-made fibre

products. Germany was second in importance: her share of the

trade was more than twice as large as that of Hong Kong and the

increase in volume between 1966 and 1967 and between 1967 and

1968 was larger than that of any other country. Japan, Korea,

Taiwan and Hong Kong together only accounted for one-third of

the increase in imports between 1966 and 1968.

17.

Imports of man-made fibre textiles in the first quarter

of 1969 continued to increase, but it appears that the increase

was more than offset by a reduction in imports of cotton textiles:

imports of cotton, wool and man-made fibre textiles were

actually 2 per cent lower than in the corresponding period of

1968.

18.

The increase in imports of man-made fibre textiles

between 1966 and 1968 only accounted for 4.3 per cent of the

increase in domestic consumption. The graph at Appendix D

shows how imports were distributed between yarn, fabric and

/made-ups.

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.