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Exports to Chinese Mainland go up in 2007

19 Mar '08
3 min read

In value terms, $119.2 billion of Hong Kong's total exports to the Mainland in the fourth quarter of 2007 were for outward processing, representing an increase of 13% over the fourth quarter of 2006. The value of domestic exports to the Mainland for outward processing increased significantly by 24% to $5.2 billion while the value of re-exports to the Mainland for outward processing increased by 13% to $114.0 billion.

Over the same period of comparison, the value of imports from the Mainland related to outward processing decreased by 2% to $200.9 billion. On the other hand, $230.6 billion of Hong Kong's re-exports of Mainland origin to other places were produced through outward processing in the Mainland, representing an increase of 5%.

For the whole year of 2007, $451.5 billion of Hong Kong's total exports to the Mainland were for outward processing, representing an increase of 10% over 2006. The value of domestic exports to the Mainland for outward processing decreased by 8% to $19.2 billion whereas that of re-exports to the Mainland for outward processing increased by 11% to $432.4 billion.

Over the same period of comparison, the value of imports from the Mainland related to outward processing increased slightly by 1% to $780.0 billion. On the other hand, $841.0 billion of Hong Kong's re-exports of Mainland origin to other places were produced through outward processing in the Mainland, which represents an increase of 3%.

The statistics for the fourth quarter and the whole year of 2007 and their percentage changes over the same period in 2006 are given in the attached table.

Census and Statistics Department

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