CONFIDENTIAL # 3
Hong Kong's total trade * (at current prices) with:
1st half of 1985
1984
HK$Mn
(US$ Mn)
#
HK$Mn
(US$ Mn) #
China
95,101
12,164
58,222
7,474
United States
97,861
12,517
44,426
5,703
Japan
62,403
7,982
32,372
4,155
#
defined as domestic exports plus re-exports plus imports
The conversion to US$ is based on the average market exchange rate for the period.
Source: Hong Kong Trade Statistics
7.
In the first half of 1985 China was the second
largest market for Hong Kong's domestic exports, accounting for 13% of total domestic exports, compared
with 8% in 1984. China also remained the largest market for re-exports from Hong Kong, accounting for 47% of total re-exports in the first half of 1985, compared with 34% in
1984.
Hong Kong's exports to China
Domestic
Growth
Growth
exports
rate#
Re-exports
rate#
(HK$Mn)
(8)
(HK$Mn)
(8)
1st quarter of 1985
3,912
97
i1,812
149
2nd quarter of 1985
4,006
57
12,826
132
1st half of 1985
7,918
75
24,638
140
2nd half of 1985 *
8,330
23
23,632
33
1985 *
16,248
44
48,270
72
*
Forecast
# over same period of previous year
No comments yet.
Private notes are available after approval.