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According to the results of the 2006 Annual Survey of Industrial Production released today (November 29) by the Census and Statistics Department (C&SD), the gross output of the manufacturing sector amounted to $171.3 billion in 2006, up by 5.0% from a year earlier.
The gross surplus of the manufacturing sector increased by 0.7% over a year earlier to $20.1 billion in 2006.
The value added of the manufacturing sector, which is a measure of its contribution to Hong Kong's Gross Domestic Product, amounted to $48.0 billion in 2006, or an increase of 1.3% from a year earlier.
Within the manufacturing sector, the five largest broad industry groups in terms of value added in 2006 were (1) paper products, printing and publishing industry; (2) basic metals, fabricated metal products, machinery and equipment industry; (3) food, beverages and tobacco industry; (4) textiles (including knitting) industry; and (5) electrical and electronic products industry. They together accounted for 81.5% of the total value added of the whole sector.
Comparing 2006 with a year earlier, increases in value added were observed in four broad industry groups, namely the food, beverages and tobacco industry (12.3%); textiles (including knitting) industry (11.8%); basic metals, fabricated metal products, machinery and equipment industry (11.0%); and electrical and electronic products industry (6.1%).
On the other hand, the value added of the wearing apparel (except knitwear and footwear) industry decreased by 28.9%; other miscellaneous manufacturing industries by 13.8%; paper products, printing and publishing industry by 2.2%; and chemical, rubber, plastic and non-metallic mineral products industry by 0.8%.
The attached table shows the principal industrial production statistics by broad industry group.
The survey was conducted from January to October 2007. Apart from manufacturing establishments, the survey also enumerated establishments engaged in quarrying; and supply of electricity, gas and water.
More detailed survey results will be given in the "Report on 2006 Annual Survey of Industrial Production". Users can download this survey report (in PDF format) free of charge at the website of the C&SD(www.censtatd.gov.hk/products_and_services/products/publications/index.jsp) as from end December 2007. Details on the release of the print version of the survey report will be announced later.
For enquiries about the survey results, please contact the Industrial Production and Tourism Statistics Section of the C&SD at telephone 2882 4208 or email manufacturing@censtatd.gov.hk.
Ends/Thursday, November 29, 2007
Issued at HKT 16:15
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