***********************************************************
According to the results of the 2012 Annual Survey of Economic Activities - Transportation, Storage and Courier Services Sector released today (December 12) by the Census and Statistics Department (C&SD), the transportation, storage and courier services sector's total receipts (comprising business receipts and other income) amounted to $486.0 billion in 2012, representing an increase of 0.4% compared with 2011; on a per establishment basis, total receipts increased by 1.5% over 2011 to $18.5 million in 2012.
Operating expenses and compensation of employees of the sector altogether amounted to $434.6 billion in 2012, representing an increase of 0.6% over 2011; on a per establishment basis, they increased by 1.8% compared with 2011 to $16.5 million in 2012.
Gross surplus of the sector, which is equal to total receipts less operating expenses and compensation of employees, decreased by 1.4% compared with 2011 to $51.3 billion in 2012; on a per establishment basis, gross surplus decreased slightly from $1.96 million in 2011 to $1.95 million in 2012. Gross surplus accounted for 10.6% of total receipts in 2012, down by 0.2 percentage point compared with 2011.
Value added of the sector, which is a measure of its contribution to Hong Kong's Gross Domestic Product, increased by 2.5% compared with 2011 to $115.0 billion in 2012; on a per establishment basis, the value added was $4.4 million in 2012, which increased by 3.7% compared with 2011.
According to the survey results, it was estimated that the sector comprised some 26 300 establishments and engaged about 220 700 persons, or an average of 8.4 persons per establishment, in 2012.
Within the transportation, storage and courier services sector, the four largest industry groupings in terms of value added in 2012 were (1) air transport and service activities incidental to air transportation, (2) land passenger transport, (3) other transportation support activities, and (4) service activities incidental to water transportation. They together accounted for 77.2% of the value added of the sector.
In the air transport and service activities incidental to air transportation industry, total receipts amounted to $138.5 billion while operating expenses and compensation of employees totalled $119.9 billion in 2012. Gross surplus decreased from $18.9 billion in 2011 to $18.6 billion in 2012, accounting for 13.4% of total receipts in 2012. Value added increased by 3.5% compared with 2011 to $40.9 billion.
In the land passenger transport industry, total receipts amounted to $45.2 billion while operating expenses and compensation of employees totalled $32.1 billion in 2012. Gross surplus increased from $11.9 billion in 2011 to $13.2 billion in 2012, accounting for 29.1% of total receipts in 2012. Value added increased by 7.5% over 2011 to $24.9 billion.
In the other transportation support activities industry which comprised mainly cargo forwarders and shipbrokers, total receipts amounted to $122.8 billion while operating expenses and compensation of employees totalled $117.4 billion in 2012. Gross surplus decreased from $6.3 billion in 2011 to $5.5 billion in 2012, accounting for 4.5% of total receipts in 2012. Value added decreased by 9.4% compared with 2011 to $14.3 billion.
In the service activities incidental to water transportation industry which included container terminal operators, mid-stream operators as well as operators engaged in container freight stations and vanning and devanning, total receipts amounted to $15.4 billion while operating expenses and compensation of employees totalled $9.9 billion in 2012. Gross surplus decreased from $5.7 billion in 2011 to $5.5 billion in 2012, accounting for 35.5% of total receipts in 2012. Value added decreased by 0.3% compared with 2011 to $8.6 billion.
Selected statistics for the transportation, storage and courier services sector, with breakdowns by industry grouping, are shown in the attached table.
More detailed survey results on the transportation, storage and courier services sector will be given in the report "Key Statistics on Business Performance and Operating Characteristics of the Transportation, Storage and Courier Services Sector in 2012". Users can download this report (in PDF format) free of charge at the website of C&SD (www.censtatd.gov.hk/hkstat/sub/sp340.jsp?productCode=B1080010) as from end-December 2013.
For enquiries about the key statistics on business performance and operating characteristics of the transportation, storage and courier services sector, please contact the Logistics and Producer Prices Statistics Section of the C&SD at telephone 2802 1273 or email transport@censtatd.gov.hk.
Ends/Thursday, December 12, 2013
Issued at HKT 16:30
NNNN
