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In 2008, the value of domestic exports classified to the six major industries including textiles ($16.4 billion); consumer electrical and electronic products ($11.9 billion); chemicals and chemical products ($10.8 billion); machinery, equipment, apparatus, parts and components ($9.9 billion); wearing apparel ($9.0 billion); and basic metals and fabricated metal products ($8.5 billion) together accounted for around 75% of Hong Kong's total domestic exports, according to statistics released today (February 6) by the Census and Statistics Department.
Comparing the value of domestic exports originated from the above major industries in 2008 with that in 2007, decreases were recorded in the textiles industry (-$11.7 billion or -41.5%); the wearing apparel industry (-$5.4 billion or -37.6%); the machinery, equipment, apparatus, parts and components industry (-$1.0 billion or -9.1%); and the consumer electrical and electronic products industry (-$1.1 billion or -8.7%).
On the other hand, increases were seen in the basic metals and fabricated metal products industry ($1.0 billion or 13.3%); and the chemicals and chemical products industry ($0.3 billion or 2.5%) in 2008 over a year earlier.
The above statistics of domestic exports classified by industrial origin are derived by re-grouping the merchandise domestic export items originally grouped under the external trade classification system according to the industries in which these merchandise items are normally produced. Transactions in gold and specie are not included.
The attached table shows the domestic export statistics classified by industrial origin.
The industrial classification used is the Hong Kong Standard Industrial Classification (HSIC), which is to be distinguished from the United Nations Standard International Trade Classification (SITC) used in the regular trade statistics reports. In comparison, the HSIC is more related to production processes whereas the SITC is more geared to end uses of products.
Caution should be taken when referring to these domestic export statistics classified by industrial origin. There may be several intermediate processing stages in the production of certain merchandise domestic export items. In compiling the above statistics, the total value of such an item has however been wholly related to the industry in which the item is finally produced. Moreover, the above domestic export statistics of a particular industry may include secondary products which are produced by establishments of other industries.
For enquiries on the statistics, please contact the Industrial Production and Tourism Statistics Section of the Census and Statistics Department (Tel: 2805 6643; Fax: 2123 1048; E-mail:ind-production@censtatd.gov.hk).
Ends/Friday, February 6, 2009
Issued at HKT 16:30
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