visible trade
5.In 1999, GDP revived to a 2.9% growth in real terms, in stark contrast to the 5.1% decline in 1998.Trade in goods and services expanded by about nine times and four times respectively over the past two decades. Reflecting the highly externally-oriented nature of the Hong Kong economy, the total value of visible trade (comprising re-exports, domestic exports and imports), at $2,745 billion in 1999, amounted to 223 per cent of the GDP.

