TUESDAY, SEPTEMBER 19, 1978
TRADE INDEX FOR JANUARY
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JUNE 1978
THE PRICES AND VOLUME OF DOMESTIC EXPORTS ROSE BY THREE PER CENT AND SEVEN PER CENT RESPECTIVELY IN THE FIRST HALF OF THIS YEAR OVER THE SAME PERIOD LAST YEAR, ACCORDING TO FIGURES RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY.
BUT IMPORT PRICES AND VOLUME MOVED UP MUCH FASTER AT FIVE PER CENT AND 15 PER CENT RESPECTIVELY.
AS A RESULT OF PRICES OF IMPORTS RISING FASTER THAN EXPORTS, THE TERMS OF TRADE INDEX FELL FROM 98 (JANUARY JUNE 1977) TO 96 (JANUARY - JUNE 1978).
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THE PRICES ARE BASED ON UNIT VALUES WHICH DO NOT TAKE INTO ACCOUNT CHANGES IN THE QUALITY OF GOODS TRADED. THE CHANGES IN THE VOLUME OF TRADE ARE DERIVED FROM TRADE VALUES, LESS THE EFFECT OF PRICE CHANGES.
AN ANALYSIS OF THE RELATIVE CHANGES IN THE UNIT VALUES AND VOLUME OF DOMESTIC EXPORTS BY COMMODITY IS GIVEN BELOW:
CHANGES IN JAN.-JUNE 1978 OVER JAN.-JUNE 1977 (1973-100)
EXPORT UNIT VALUES
EXPORT VOLUME
CLOTHING (EXCEPT FUR)
+ 4%
+ 3%
TRANSISTORISED RADIOS
- 8%
-23%
TEXTILE FABRICS
6%
+ 5%
WATCHES AND CLOCKS
+ 8%
+49%
ELECTRONIC COMPONENTS
3%
+11%
METAL MANUFACTURES
+10%
*
TEXTILE YARN AND THREAD
- 6%
- 5%
FOOTWEAR
+ 4%
+ 7%
TEXTILE MADE-UPS AND RELATED ARTICLES
-14%
6%
METAL ORES AND SCRAP
ALL COMMODITIES
496
+ 3%
+10%
+ 7%
* NEGLIGIBLE CHANGE
THE TRENDS IN PRICES AND VOLUME OF DOMESTIC EXPORTS VARIED.
/A SHARP