TNAG-1267-FCO40-1616-Economic-situation-in-Hong-Kong-1983 — Page 183

Invisible trade

2.13

the

Because estimates of imports and exports of services are only available annually, it is not possible to make a definitive assessment of the position of invisible trade in

first quarter. Nevertheless, in two areas there are

useful indications. First, comparing the first quarter of 1983 with the first quarter of 1982, the number of visitors coming to Hong Kong increased by 4%, which was slightly higher than the increase of 3% in the number of Hong Kong residents touring abroad (including Macau and China). There was, thus, likely to be little change in the net surplus on expenditure on travel in the first quarter. Second, as the growth of cargo movements continued,

continued, the net surplus

the net surplus on expenditure on

shipping and air transportation services may well have

increased.

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