Key statistics on operating characteristics of import/export, wholesale and retail trades, and accommodation and food services sectors in 2016
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Operating expenses, cost of goods sold and compensation of employees of the above sectors altogether amounted to $4,537.9 billion in 2016, representing a decrease of 2.4% compared with 2015; on a per establishment basis, they altogether decreased by 1.8% compared with 2015 to $29.2 million in 2016.
Gross surplus of the sectors, which is equal to total receipts less operating expenses, cost of goods sold and compensation of employees, decreased by 1.6% compared with 2015 to $366.5 billion in 2016; on a per establishment basis, gross surplus was $2.4 million in 2016, which decreased by 1.0% compared with 2015. For all these sectors taken together, gross surplus accounted for 7.5% of total receipts in 2016, which edged up by 0.1 percentage point compared with 2015.
Value added of the sectors, which is a measure of their total contribution to Hong Kong's Gross Domestic Product, amounted to $613.4 billion in 2016, similar to that in 2015; on a per establishment basis, value added was $3.9 million in 2016, which increased by 0.7% compared with 2015.
According to the survey results, it was estimated that the aforementioned sectors comprised some 155 400 establishments and engaged about 1ýÿ095 100 persons, or an average of 7.0 persons per establishment, in 2016.
In the import/export trade, total receipts amounted to $3,888.6 billion while operating expenses, cost of goods sold and compensation of employees totalled $3,593.6 billion in 2016. Gross surplus decreased from $296.8 billion in 2015 to $295.0 billion in 2016, accounting for 7.6% of total receipts in 2016. Value added increased by 2.0% compared with 2015 to $435.0 billion.
In the wholesale trade, total receipts amounted to $302.7 billion while operating expenses, cost of goods sold and compensation of employees totalled $294.5 billion in 2016. Gross surplus decreased from $8.5 billion in 2015 to $8.2 billion in 2016, accounting for 2.7% of total receipts in 2016. Value added decreased by 1.5% compared with 2015 to $21.1 billion.
In the retail trade, total receipts amounted to $532.3 billion while operating expenses, cost of goods sold and compensation of employees totalled $493.3 billion in 2016. Gross surplus decreased from $42.1 billion in 2015 to $39.0 billion in 2016, accounting for 7.3% of total receipts in 2016. Value added decreased by 10.9% compared with 2015 to $79.5 billion.
In the accommodation services sector which covers hotels, guesthouses, boarding houses and other establishments providing short term accommodation, total receipts amounted to $43.2 billion while operating expenses, cost of goods sold and compensation of employees totalled $29.0 billion in 2016. Gross surplus decreased from $15.5 billion in 2015 to $14.3 billion in 2016, accounting for 33.0% of total receipts in 2016. Value added decreased by 3.8% compared with 2015 to $27.1 billion.
In the food services sector which mainly covers restaurants, total receipts amounted to $137.6 billion while operating expenses, cost of goods sold and compensation of employees totalled $127.5 billion in 2016. Gross surplus increased from $9.6 billion in 2015 to $10.1 billion in 2016, accounting for 7.4% of total receipts in 2016. Value added increased by 6.2% compared with 2015 to $50.7 billion.
Selected statistics for the import/export, wholesale and retail trades, and accommodation and food services sectors in 2015 and 2016 are shown in the attached table.
More detailed survey results on the import/export, wholesale and retail trades, and accommodation and food services sectors will be given in the report "Key Statistics on Business Performance and Operating Characteristics of the Import/Export, Wholesale and Retail Trades, and Accommodation and Food Services Sectors in 2016". Users can download this report (in PDF format) free of charge at the website of the C&SD (www.censtatd.gov.hk/hkstat/sub/sp320.jsp?productCode=B1080014) as from end-December 2017.
Users who have enquiries about the survey results may contact the Distribution Services Statistics Section of the C&SD (Tel: 3903 7399; email: asw@censtatd.gov.hk).
Ends/Thursday, November 30, 2017
Issued at HKT 16:30
Issued at HKT 16:30
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