TNAG-2977-FCO40-1469-Economic-policy-in-Hong-Kong-1982 — Page 119

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

Growth rates in real terms of retained imports by end-use categories (%)

Raw materials

Consumer

and semi-

Foodstuffs

goods Fuels

manufactures

Capital goods

1981/1980

-2

10

8

4

9

1981/1980 Q1

2

26

2

5

15

Q2

-1

25

1

1

16

Q3

-5

5

3

15

12

Q4

-1

-6

30

-2

-7

1981/1980 H1

0

25

2

3

15

H2

-3

-1

15

6

2

1982/1981 Q1

2

-4

10

-11

-9

Q2(*) 8

2

7

-5

-26

1982/1981 H1(*) 5

-1

8

-8

-19

Note: (*)

Estimated by using trade indexes

indexes available up to

May 1982.

Re-exports

The value of re-exports,

2.12

at $21,417 million, was 10%

higher than in the first half of 1981. On the basis of trade

indexes available up to May, there was an increase of 13% in

prices and re-exports declined in real terms by 3%. This is

in sharp contrast with the four years 1978 to 1981 when

re-exports grew on average by almost 30% a year. But as the growth rate of re-exports in value terms continued to exceed the corresponding growth rate for domestic exports of goods, the percentage share of the value of re-exports in the value

of total exports increased further to 36% in the first half of

this year, compared with 35% in the first half of

1981.

13

/ Growth

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