In 2014, 29% of Hong Kong's total exports - 16% for domestic exports and 29% for re-exports - to the Mainland were for outward processing, the Census & Statistics Department said today.
Thirty-eight percent of imports from the Mainland were related to outward processing, while 71% of re-exports of Mainland origin to other places were produced through outward processing on the Mainland.
The corresponding proportions for exports to the Mainland in 2013 were 31% for total exports, 17% for domestic exports and 31% for re-exports; while the proportions for imports from the Mainland and for re-exports of the Mainland origin to other places were 37% and 72%.
In value terms, $580.4 billion of total exports to the Mainland in 2014 were for outward processing, a 3% decrease over the previous year.
The value of domestic exports to the Mainland for outward processing fell 13% to $3.6 billion while the value of re-exports to the Mainland for outward processing decreased 2% to $576.8 billion.
The value of imports from the Mainland related to outward processing increased 6% to $755.1 billion. On the other hand, $898.4 billion of Hong Kong's re-exports of Mainland origin to other places were produced through outward processing in the Mainland, a 4% decline.
