was 9% higher than in the first half of 1981. Trade indexes
available up to May suggest that this growth was made up of an
increase of 17% in prices and a decrease of 7% in real terms.
Domestic exports might have declined as the consequences of
the appreciation of the Hong Kong dollar against the Yen by
12% during the first half of the year began to take effect.
While domestic exports of clothing, metal products and watches
increased in real terms, domestic exports of other items
(including fish and fish preparations, and toys and games)
which accounted for 58% of the total domestic exports to this
market, decreased by 10% in real terms.
2.8
The value of domestic exports to Australia, Canada
and Singapore were respectively 21%, 14% and 13% higher in
the first half of 1982 than in the corresponding period of
last year. There was only a slight decrease of 1% in the
value of domestic
exports to the rest of the world.
No
estimates are yet available for the growth rate of domestic
exports to these markets in real terms.
Domestic exports (in value terms)
1st half
1st half
Growth
1981
1982
rate
($ Mn)
($Mn)
(8)
All countries
35,604
37,827
6
USA
12,554
13,966
11
UK
3,394
3,180
-6
FR Germany
3,223
3,075
-5
China
1,177
1,819
55
Japan
1,246
1,360
9
Australia
1,076
1,304
21
Canada
993
1,134
14
Singapore
802
906
13
Rest of the world
11,139
11,083
-1
9
/ Growth
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