Home breadcru News breadcru Association/Org breadcru Wearing apparel & footwear manufacturing up in 2005

Wearing apparel & footwear manufacturing up in 2005

30 Nov '06
2 min read

According to the results of the 2005 Annual Survey of Industrial Production released on November 30 by the Census and Statistics Department (C&SD), the gross output of the manufacturing sector amounted to $163.2 billion in 2005, increased by 3.5 percent from a year earlier.

The gross surplus of the manufacturing sector increased by 6.9 percent over a year earlier to $20.0 billion in 2005.

The value added of the manufacturing sector, which is a measure of its contribution to Hong Kong's Gross Domestic Product, amounted to $47.3 billion in 2005 or an increase of 1.3 percent from a year earlier.

Within the manufacturing sector, the five largest broad industry groups in terms of value added in 2005 were:
(1) Paper products, printing and publishing industry.
(2) Basic metals, fabricated metal products, machinery and equipment industry.
(3) Food, beverages and tobacco industry.
(4) Textiles (including knitting) industry.
(5) Wearing apparel, except knitwear and footwear industry.

They together accounted for 77.9 percent of the total value added of the whole sector.

Comparing 2005 with a year earlier, increases in value added of various magnitudes were observed in five broad industry groups, namely the chemical, rubber, plastic and non-metallic mineral products industry (18.8 percent), electrical and electronic products industry (9.7 percent), paper products, printing and publishing industry (6.3 percent).

And the last two broad industry groups are wearing apparel, except knitwear and footwear industry (5.0 percent); and basic metals, fabricated metal products, machinery and equipment industry (0.7 percent).

Census and Statistics Department

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