Hong Kong's Offshore Trade Statistics for 2003
Friday, 15 April 2005



Table 1 Analysis of activities of exports of services relating to offshore trade against re-exports of goods, 2002 – 2003


Value of goods involved Gross margin/
Commission
Trade margin/
Commission rate/
Rate of
re-export margin
(%)


Type of economic activities Year HK$ million Proportion
sold to
affiliated
companies
(%)
Year-on-
year %
change
HK$ million Year-on-
year %
change

Activities of exports of 2002 1,458,252 - - 103,004 12.0 -
services relating to 2003 1,666,605 - 14.3 116,506 13.1 -
offshore trade
Merchanting 2002 1,026,780 24.2 16.0 88,320 11.2 8.6
2003 1,180,882 23.9 15.0 100,136 13.4 8.5
Merchandising for 2002 431,472 - - 14,685 17.2 3.4
offshore transactions 2003 485,723 - 12.6 16,369 11.5 3.4
Re-exports of goods 2002 1,429,590 - 7.7 - - 19.1
2003 1,620,749 - 13.4 - - 17.9

Notes : 1. When referring to offshore trade, only the offshore trade undertaken by Hong Kong establishments is covered, but not the offshore trade undertaken by their affiliated companies located outside Hong Kong.
2. Statistics on re-exports of goods are shown for comparison.
3. The sum of individual items and the corresponding total shown in the table may not tally because of rounding.
The figures on sales value of goods involved in merchandising for offshore transactions, which have been compiled and released since the reference year 2002, are mainly estimated on the basis of the average commission rate of the service providers and should thus be used with caution.
- Denotes not applicable.

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