1982. Trade indexes available up to February suggest that

this growth was made up of an increase of 7% in prices and a

growth rate of 78 in real terms. The value of domestic

exports to Japan, at $714 million, was 13% higher than in the

first quarter of 1982. Since prices are estimated to have

risen by about 11%, this suggests that there was an increase

of 2% in real terms.

Growth rates in real terms of domestic exports to (8):

Year-on-year comparison

USA

FR Germany

UK

China

Japan

1982/1981

Q1

1

-10

-5

N.A.

-3

Q2

-2

-5

-19

N.A.

-10

Q3

-3

0

-8

N.A.

-2

Q4

0

3

-7

N.A.

-9

1982/1981

-1

-3

-10

20

-6

1983/1982 Q1*

9

2

-6

7

2

Notes: (*)

Estimated by using trade indexes available up to February 1983.

N.A. not available.

2.5

The value of domestic

exports to Canada and

Singapore continued to grow by 238 and 4% respectively

compared with the first quarter of 1982. However, decreases of 22% and 4% were recorded in the value of domestic exports to Australia and to the rest of the world respectively (2).

/Domestic

(2)

No estimates are available for the growth rates of domestic exports to these markets in real terms.

6

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