Apparel, machinery & chemical records 72% of total exports

05 Feb '08

2 min read

In 2007, the value of domestic exports classified to the five major industries including textiles; wearing apparel; machinery, equipment, apparatus, and chemicals and chemical products together accounted for 72% of Hong Kong's total domestic exports, according to statistics released February 5 by the Census and Statistics Department.

In 2007, the value of domestic exports classified to the the wearing apparel industry by $7.3 billion or 33.6% to $14.4 billion, that for the machinery, equipment, apparatus, and components industry by $5.4 billion or 33.2% to $10.9 billion, and that for the textiles industry by $6.6 billion or 18.9% to $28.1 billion. On

the other hand, the value of domestic exports classified to the chemicals and chemical products industry increased by $1.3 billion or 14.2% over a year earlier to $10.5 billion.

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 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.

Census and Statistics Department

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