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HK External Trade Increases in March
The value of Hong Kong's re-exports, domestic exports and imports increased by 27.1 percent, 21.5 percent and 25.9 percent, respectively, in March 2000, against the figures a year earlier.
The value of re-exports stood at 108.2 billion HK dollars (US$13. 87 billion), domestic exports at 14.5 billion HK dollars (US$1.86 billion) and imports at 136.4 billion HK dollars (US$ 17.5 billion), according to detailed statistics released Monday by the Census and Statistics Department.
Comparing with the same month last year, the value of re-exports to all main destinations registered double-digit increases, with the largest increase registered in the value of re-exports to the People's Republic of Korea, by 53.2 percent, followed by Germany, the United Kingdom, Japan, France, the United States, Taiwan, Singapore, the Chinese mainland and the Netherlands.
For the first quarter of 2000, the value of re-exports, at 298.1 billion HK dollars (US$ 38.2 billion), was 20.8 percent higher than that in the same period in 1999.
Amongst the ten main destinations, a sizeable increase was recorded in the value of re-exports to the People's Republic of Korea, by 51.6 percent.
The value of re-exports to most of the main destinations also registered double-digit increases.
Comparing the first quarter of 2000 with the same period in 1999, the value of re-exports of all principal commodity divisions rose, with notable increases registered for electrical machinery, apparatus and appliances and electrical parts.
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