TNAG-1483-FCO40-2037-Economic-situation-in-Hong-Kong-1986 — Page 204

2.7

Over the same period, the value of domestic exports to Australia declined by 7%, while those to Canada, Singapore

and the

respectively

rest

(5)

of the world grew by

14%,

Domestic exports (in value terms)

11%

and

15%

1st half

1st half

1986

1985

($Mn)

($ Mn)

Growth rate (%)

All countries

65,374

60,408

8

USA

27,836

26,125

7

China

7,349

7,918

-7

FR Germany

4,574

3,572

28

UK

4,224

3,898

8

Japan

2,376

2,053

16

Canada

2,191

1,914

14

Australia

1,469

1,585

-7

Singapore

1,229

1,106

11

Rest of the world

14,126

12,237

15

Domestic exports by main commodity groups

2.8

Domestic exports of most major

commodity

groups

registered increases in real terms in the first half of 1986

over

period same

last

year.

For

instance,

the

domestic

exports of clothing grew by about 12% in real terms, textiles by about 29%, and watches and clocks by about 22%. Domestic exports of metal scrap, domestic electrical appliances, electronic components, and travel goods, handbags and similar articles decreased in real terms; but they together accounted for only 9% of the total value of domestic exports.

/Imports

(5)

No estimates are available for the growth rates of domestic exports to these markets in real terms.

10