0003230
G.F. 323
CONFIDENTIAL
(i) Woollen sweaters
- 3 -
The relevant percentages were
1967
1968
1969
Total imports
Hong Kong
81%
90%
93%
50%
57%
47%
Macao
2%
6%
16%
All low priced suppliers
(except Hong Kong)
3%
7%
18%
(ii) Discontinuous sweaters w. & g.
Total imports continued to rise and S. Korea remained the principle supplier. Imports from all low priced suppliers (excluding Hong Kong) increased significantly from 3 in 1968 to 15 in 1969.
(g) Synthetic Fibre Anoraks
Total imports were up but those from Hong Kong were dropping. Imports from S. Korea and Macao were increasing. Mr. Ho remarked that not only was Swedish production increasing but imports from Finland went up sharply. He suggested that it was a case of the Swedes not being able to catch up with their Finnish cousins.
On all anoraks total imports were also increasing but imports from Hong Kong in 1969 were below even those for 1967. Portugal, Macao, South Korea and Finland have all increased their position in the Swedish market.
(h) Woven Discontinuous Synthetic Fibre Shirts
Total imports were up but imports from Hong Kong in 1969 were down on those for 1968 and 1967. Mr. Ho referred to the Korean exports of 664 in 1969 and added that the business only went to South Korea after Hong Kong had stopped E/As at the request of the Swedish Government. This switch to Korea was wholly at the expense of Hong Kong due to the uncertainties created by the protracted discussions.
(i) Discontinuous Synthetic Fibre Knitted Sweaters m. & b.
Total imports were in general steady but there was a large upsurge in imports from Hong Kong, having taken over, it would appear from S. Korea.
(j) Blouses of Woven Synthetic Fibres
Hong Kong had done exceedingly well. Taking all blouses together, imports from Hong Kong exceeded Swedish production which was falling off. Mr. Ho pointed also to the sharp rise in imports from India which were not under restraint.
CONFIDENTIAL
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