In the third quarter of 2006, the value of domestic exports classified to the four major industries of textiles; consumer electrical and electronic products; wearing apparel; and machinery, equipment, apparatus, parts.
And components together accounted for 73 percent of Hong Kong's total domestic exports, according to statistics released on November 10 by the Census and Statistics Department (C&SD).
In the third quarter of 2006, the value of domestic exports classified to the wearing apparel industry fell by $2.0 billion or 27.7 percent to $5.2 billion compared with the same quarter in 2005, that to the machinery, equipment, apparatus, parts.
And components industry by $1.2 billion or 21.1 percent to $4.4 billion, and that to the textiles industry by $2.9 billion or 20.9 percent to $11.0 billion.
On the other hand, in the third quarter of 2006, the value of domestic exports classified to the consumer electrical and electronic products industry increased substantially by $2.2 billion or 49.6 percent over a year earlier to $6.7 billion.
As for other manufacturing industries, a notable increase was registered for the value of domestic exports classified to the basic metals and fabricated metal products industry, by $0.6 billion or 49.0 percent over a year earlier to $1.9 billion in the third quarter of 2006.
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).
The HSIC 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.
