UNCLASSIFIED
UNCLASSIFIED
FM BTC HONG KONG
TO IMMEDIATE DESKBY 14090OZ FCO TELNO 75
OF 140615Z FEBRUARY 89
INFO ROUTINE HONG KONG
TOP COPY
HKCO0 DIST?
3
107441
MDHIAN 2254
ECONOMIC AND TRADE STATISTICS
STATISTICE 2
PARAGRAPH E OF YOUR TELNO 390 TO HONG KONG:
PRELIMINARY 1988 YEAR END FIGURE FROM CENSUS AND STATISTICS DEPARTMENT SHOWS UK EXPORTS AT HKD12.922 BILLION. THIS IS HOWEVER LESS THAN THE DOLLAR EQUIVALENT OF PDS943.752 MILLION (HKD12.929 AT HKD13.7 = PDS1) GIVEN BY DTI FOR JAN TO NOVEMBER EXPORTS. PLEASE CONSULT SZPALA OR TRACY OT2/2 DTI ON 2154828 FOR CORRECT FIGURE. THEY CAN ALSO PROVIDE COMPARISON WITH PREVIOUS YEARS.
THERE IS NO RELIABLE FIGURE FOR INVISIBLE EARNINGS, AN EDUCATED GUESS IS THAT OUR EARNINGS IN THIS SECTOR ARE AT LEAST AS MUCH AS FROM MERCHANDISE (A BILLION POUNDS).
HOLLOWAY
YYYY
MAIN
19
MINIMAL
HKD
NNNN
DISTRIBUTION
19
PLANNERS
ECONOMIC ADVISERS
PAGE
1
UNCLASSIFIED
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