CHAPTER 2

THE EXTERNAL SECTOR

Domestic exports

2.1

The domestic export sector continued to show an

impressive growth rate in the third quarter of 1983. The

value of domestic exports, at $29,475 million, was 30%

higher than in the third quarter

third quarter of 1982. Trade indexes

available up to August suggest that there was

was an increase (1) of about 10% in prices

over this period.

year-on-year growth rate in real terms was thus about 19%

in the third quarter, compared with 38%/ in the first

quarter and 14% in the second quarter.

The

Growth rates of domestic exports (%)

Year-on-year comparison

In money

terms

In real

terms

Rate of increase

in prices

1982/1981

3

-3

6

1982/1981 Hì

H2

61

-2

1

-2

بهبه

9

3

Q1

9

-1

10

Q2

4

-- 4

Q3

1

- 4

Q4

1

- 1

005 2

8

2

1983/1982 H1

14

9

LO

5

Q1

6

3

4

Q2

21

14

6

Q3

30

19*

10*

Note: (*) Estimated by using trade indexes available up to

August 1983.

Domestic

(1) Prices are based on unit values which do not take into account changes in the composition or quality of goods traded. Changes in real terms are derived from changes in trade values, after discounting the effect of price changes.

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