Hong Kong's Offshore Trade Statistics for 2000
Monday, 22 July 2002

Table 1 title : Analysis of exports of services relating to offshore trade against re-exports of goods, 1999-2000

Gross margin and commission earned from offshore trade for the year 1999 was HK$ million 69,821.
Gross margin and commission earned from offshore trade for the year 2000 was HK$ million 84,607.
Year-on-year % change of gross margin and commission earned from offshore trade was 21.2%

Value of goods involved in merchanting for the year 1999 was HK$ million 536,042.
About 23.4% of the value of goods handled in merchanting were sold to affiliated companies for the year 1999.
Value of goods involved in merchanting for the year 2000 was HK$ million 825,678.
About 24.0% of the value of goods handled in merchanting were sold to affiliated companies for the year 2000.
Year-on-year % change of value of goods involved in merchanting was 54.0%.

Gross margin earned from merchanting for the year 1999 was HK$ million 53,732.
Gross margin earned from merchanting for the year 2000 was HK$ million 70,692.
Year-on-year % change of gross margin earned from merchanting was 31.6%.

Trade margin of merchanting for the year 1999 was 10.0%.
Trade margin of merchanting for the year 2000 was 8.6%.

Commission earned from merchandising services for offshore transactions for the year 1999 was HK$ million 16,089.
Commission earned from merchandising services for offshore transactions for the year 2000 was HK$ million 13,915.
Year-on-year % change of commission earned from merchandising services for offshore transactions was -13.5%.

Value of re-exports of goods for the year 1999 was HK$ million 1,178,400.
Value of re-exports of goods for the year 2000 was HK$ million 1,391,722.
Year-on-year % change of re-exports of goods was 18.1%.

Re-exports margin of re-exports of goods for the year 1999 was 20.3%.
Re-exports margin of re-exports of goods for the year 2000 was 21.1%.

Note 1.	Offshore trade in the context of exports of services is constituted by the gross margin from merchanting and the commission from merchandising services for offshore transactions, but does not represent the entire value of goods.
Note 2.	For a clearer comparison, the sales values of goods involved in merchanting in 1999 and 2000 are shown against the values of re-exports of goods in same years.