Exports to Chinese Mainland go up in 2007

19 Mar '08

3 min read

In the fourth quarter of 2007, 34% of Hong Kong's total exports to the mainland of China (the Mainland) were for outward processing. The proportion was 49% for domestic exports and 33% for re-exports.

On the other hand, 55% of Hong Kong's imports from the Mainland were related to outward processing, according to statistics released March 18 by the Census and Statistics Department (C&SD). Over the same period, 80% of Hong Kong's re-exports of Mainland origin to other places were produced through outward processing in the Mainland.

The corresponding proportions for exports to the Mainland in the fourth quarter of 2006 were 33% for total exports, 43% for domestic exports and 33% for re-exports; while proportions for imports from the Mainland and for re-exports of Mainland origin to other places were 62% and 79% respectively.

Taking the year 2007 as a whole, 35% of Hong Kong's total exports to the Mainland were for outward processing; the figure was 47% for domestic exports and 34% for re-exports. On the other hand, 59% of Hong Kong's imports from the Mainland were related to outward processing. Over the same period, 78% of Hong Kong's re-exports of Mainland origin to other places were produced through outward processing in the Mainland.

The corresponding proportions in 2006 were 35% for total exports to the Mainland, 52% for domestic exports to the Mainland, 35% for re-exports to the Mainland, 64% for imports from the Mainland and 81% for re-exports of Mainland origin to other places.

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