Invisible trade
2.14
Due
a
to data limitations,
quarterly
quantitative assessment of the position of invisible trade
cannot be made. Nevertheless, in two areas there are
useful indications. First, comparing the third quarter of
1983 with the same period last year, the number of
visitors coming to Hong Kong increased by 3%, while the
number of Hong Kong residents touring abroad (including
China and Macau) increased by 20%. Even taking into
account the fact that the per capita expenditure of
incoming visitors is on average higher than the per capita
expenditure of Hong Kong residents touring abroad, the net
surplus on expenditure on travel is likely to show a
deterioration. Second, as the growth of cargo movements
continued (paragraph 5.15), the net surplus on expenditure
on shipping and air transportation services
increased.
probably
15
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