TNAG-1483-FCO40-2037-Economic-situation-in-Hong-Kong-1986 — Page 38

Growth rates of re-exports (%)

Year-on-year comparison

In money

terms

In real

terms

Increase in prices

1985/1984

26

25

1

1985/1984 H1

41

36

H2

14

3165

4

15

- 1

Q2 Q3

2222

Q1

44

36

6

132

39

37

2

22

23

-1

Q4

7

8

-1

1986/1985 H1

1

0

1

Q1

-6

-6

02

Q3

24

74

5

20*

024

4*

Note: (*)

Estimated using trade indices available up to August 1986.

2.12

As the growth rate in value terms of domestic

exports was only slightly higher than that of re-exports, the

percentage share of re-exports in total exports in the third

quarter of 1986,

of 1986, at 43%,

at 43%, was virtually the same as that in

the third quarter of 1985.

2.13

China remained the largest market for Hong

for Hong Kong's

re-exports, accounting for 32 응 of the total value of the goods re-exported through Hong Kong in the third quarter of

1986. Among the other markets, the larger ones were the United States (20%), Japan (5%), the Republic of Korea (5%),

Taiwan (5%), and Singapore 4%. China was also the most important source of the goods re-exported through Hong Kong,

accounting for 44% of the total re-export value in the third

quarter. Among the other sources, the larger ones were Japan

(15%), the United States (8%), Taiwan (7%), and the Republic of Korea (3%).

16

/Re-exports