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MONDAY, OCTOBER 15, 1979
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SIGNIFICANT INCREASES WERE RECORDED IN IMPORTS OF TEXTILE FABRICS ($4 836 MILLION, + 46 PER CENT), PETROLEUM AND RELATED PRODUCTS ($2 820 MILLION, 42 PER CENT), WATCHES AND CLOCKS ($2 636 MILLION, 45 PER CENT), TELECOMMUNICATIONS AND SOUND RECORDING AND REPRODUCING APPARÁTUS AND EQUIPMENT ($2 044 MILLION, + 78 PER CENT), AND IRON AND STEEL ($1 784 MILLION, + 46 PER CENT).
RE-EXPORTS CONTINUED TO TREND UPWARDS. IN PARTICULAR, FOR TEXTILES ($1 749 MILLION, + 74 PER CENT), PEARLS, PRECIOUS AND SEMI-PRECIOUS STONES ($1 557 MILLION, + 40 PER CENT), WATCHES AND CLOCKS ($755 MILLION, +36 PER CENT), ELECTRICAL MACHINERY, APPARATUS AND EQUIPMENT ($746 MILLION, + 87 PER CENT), AND CLOTHING ($577 MILLION, 102 PER CENT).
MAJOR MARKETS FOR OUR RE-EXPORTS INCLUDED JAPAN ($1 789 MILLION + 28 PER CENT), US ($1 303 MILLION, + 72 PER CENT), TAIWAN ($1 143 MILLION,+ 55 PER CENT), SINGAPORE ($1 133 MILLION, + 28 PER CENT), AND INDONESIA ($1 054 MILLION, + 26 PER CENT). REMARKABLE INCREASES WERE REGISTERED IN RE-EXPORTS TO CHINA ($655 MILLION, 400 PER CENT).
THE TRADE INDEX NUMBERS FOR JULY THIS YEAR WERE AS FOLLOWS:-
VALUE INDEX
UNIT VALUE
INDEX
QUANTUM INDEX
DOMESTIC EXPORTS
319
166
192
IMPORTS
312
171
182
THE TERMS OF TRADE INDEX FOR JULY THIS YEAR WAS 97.
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