TNAG-1155-FCO40-1435-Visits-by-Members-of-Parliament-(MPs)-to-Hong-Kong-1982 — Page 213

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9. The UK is the 6th largest supplier to Hong Kong after Japan, China, the USA, Taiwan and Singapore, and in 1981 imports from the UK accounted for 4.5% of Hong Kong's total imports (5.6% of Hong Kong's total imports in manufactures). Major items of imports from the UK include transport equip-

ment and parts (17% of total imports from the UK in 1981), furskins (5%), inorganic chemicals (3%), iron, steel and

aluminium structures (3%) and textiles (3%).

10. As an export market for the UK, Hong Kong's share of total UK exports increased from 0.8% to 1.1% in the period 1976-80. On a per capita basis, Hong Kong is one of the

largest importers of goods from the UK. According to 1980

UK trade figures, Hong Kong's per capita level of imports

from the UK was £112, compared with £83 in the case of

Federal Republic of Germany, which in overall value terms

is the UK's biggest market.

11. Hong Kong is now the UK's largest market in the Far East, ahead even of Japan, and second only to India in Asia (but

Hong Kong receives no aid).

UK's exports of all products

(value: £ million)

Market

1976

1980

% increase

September 1981 - August 1982

Hong Kong

204

559

+174.0

745

Japan

359

597

+66.3

695

India

207

529

+155.6

772

12.

(Source: UK Overseas Trade Statistics)

In manufactures (SITC Group 5-8) alone, Hong Kong was

the UK's largest market in Asia in 1980:

UK's exports of manufactures

(value: £ million)

Market

1976

1980

% increase

Hong Kong

179

502

+180.4

India

195

491

+151.8

Japan

286

482

+68.5

(Source:

UK Overseas Trade Statistics)

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