TNAG-2749-FCO40-3964-Economic-situation-in-Hong-Kong-1993 — Page 185

1993-02-11 19:03 G.1.S

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THURSDAY, FEBRUARY 11, 1992

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EXTERNAL TRADE STATISTICS FOR DECEMBER AND 1992 RELEASE!

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THE CENSUS AND STATISTICS DEPARTMENT TODAY (THURSDAY) RELEASED THE DETAILED STATISTICS OF EXTERNAL TRADE WITH BREAKDOWN COUNTRY AND COMMODITY FOR DECEMBER AND THE WHOLE YEAR OF 1992.

BY

LAST YEAR, THE UNITED STATES AND CHINA REMAINED THE TWO LARGEST COUNTRIES OF DESTINATION FOR HONG KONG'S DOMESTIC EXPORTS, WITH SHARES OF 27.6% AND 26.5% RESPECTIVELY. THE VALUES OF DOMESTIC EXPORTS TO THESE TWO COUNTRIES GREW BY 2.8% AND 13.98 RESPECTIVELY 1992 OVER 1991.

IN

OTHER MAJOR COUNTRIES OF DESTINATION THAT RECORDED INCREASES IN DOMESTIC EXPORT VALUE INCLUDED SINGAPORE (+17.8%) AND TAIWAN (+7.23).

HOWEVER, THE VALUE OF DOMESTIC EXPORTS TO GERMANY, THE UNITED KINGDOM, THE NETHERLANDS AND JAPAN DECREASED IN 17.43, 14.7%, 8.5%, 6.9% AND 5.7% RESPECTIVELY OVER 1991.

FRANCE, 1992. BY

FOR DECEMBER 1992, THE VALUE OF DOMESTIC EXPORTS TO SINGAPORE, CHINA, THE NETHERLANDS, TAIWAN AND GERMANY RECORDED INCREASES OVER DECEMBER 1991, BY 29.78, 8.3%, 8.38, 3.9% AND 3.4% RESPECTIVELY.

HOWEVER, DECREASES WERE RECORDED IN THE VALUE OF DOMESTIC EXPORTS TO CANADA (-16.13), THE UNITED STATES (-15.68), JAPAN (-10.4%) AND FRANCE (-7.4%).

THE CHANGES IN THE VALUE OF DOMESTIC EXPORTS TO THE 10 MAJOR COUNTRIES OF DESTINATION ARE SHOWN IN TABLE 1.

FOR ALL COUNTRIES OF DESTINATION TAKEN TOGETHER, THE VALUE OF DOMESTIC EXPORTS FOR THE WHOLE YEAR OF 1992 WAS $234 BILLION, 1.33 OVER THAT OF 1991. FOR DECEMBER 1992, THE VALUE OF DOMESTIC EXPORTS WAS $21.658 MILLION, 2.9% BELOW THAT IN DECEMBER 1991.

TABLE 2 SHOWS THE CHANGES IN THE VALUE OF DOMESTIC EXPORTS

OF THE 10 MAJOR COMMODITY DIVISIONS.

COMPARING 1992 WITH 1991, INCREASES IN THE VALUE OF DOMESTIC EXPORTS WERE REGISTERED FOR OFFICE MACHINES AND AUTOMATIC DATA PROCESSING MACHINES (BY $2,238 MILLION OR 12.2%); CLOTHING (BY $1,631 MILLION OR 2.28); AND ELECTRICAL MACHINERY, APPARATUS AND APPLIANCES, AND ELECTRICAL PARTS THEREOF (BY $887MILLION OR 4.6%).

EXPORTS WERE

REPRODUCING

HOWEVER, DECREASES IN THE VALUE OF DOMESTIC RECORDED FOR TELECOMMUNICATIONS AND SOUND RECORDING AND APPARATUS AND EQUIPMENT (BY $2,185 MILLION OR MISCELLANEOUS MANUFACTURED ARTICLES CONSISTING OF MAINLY GOLDSMITHS' AND SILVERSMITHS' WARES (BY $1,424 MILLION OR 6.03).

14. 42); AND

JEWELLERY,

THE VALUE OF RE-EXPORTS AND IMPORTS, AT $691 BILLION AND $955 BILLION RESPECTIVELY IN 1992, RECORDED SUBSTANTIAL INCREASES OVER 1991, BY 29.29 AND 22.64 RESPECTIVELY.

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