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 From Hong Kong's Information Services Department
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December 23, 2003
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Trade

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Q3 Mainland-processed exports up 10%

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Census & Statistics Department

In the third quarter, $85.3 billion worth of Hong Kong's total exports to the Mainland were for outward processing, up 10% over the third quarter last year.

 

The Census & Statistics Department said the value of imports from the Mainland related to outward processing rose 3% to $158.2 billion over the same period.

 

A total of $161.4 billion of re-exports of Mainland origin to other places were produced through outward processing on the Mainland, a fall of 2%.

 

From January to September, 43% of exports to the Mainland were for outward processing. The figure was 68% for domestic exports and 42% for re-exports.

 

Over the same period, $234.1 billion in total exports to the Mainland were for outward processing, representing a significant increase of 15% over the same period of 2002.

 

The value of domestic exports to the Mainland for outward processing fell significantly by 15% to $18.7 billion whereas that of re-exports to the Mainland for outward processing increased by 18% to $215.4 billion.