SATURDAY, NOVEMBER 29, 1980
PRICE AND VOLUME MOVEMENTS OF EXTERNAL TRADE IN SEPTEMBER
*****
THE PRICES OF DOMESTIC EXPORTS AND IMPORTS ROSE BY 8 PER CENT AND 7 PER CENT RESPECTIVELY IN SEPTEMBER 1980 COMPARED WITH THE SAME MONTH LAST YEAR.
AS A RESULT, THE TERMS OF TRADE INDEX (EXPRESSED AS A RATIO OF THE DOMESTIC EXPORT PRICE INDEX TO THE IMPORT PRICE INDEX) IMPROVED SLIGHTLY BY 1 PER CENT. HOWEVER, A MUCH LARGER INCREASE IN VOLUME WAS REGISTERED FOR IMPORTS (+ 15%) THAN FOR DOMESTIC EXPORTS (+ 4%). ON THE OTHER HAND, THE PRICES OF RE-EXPORTS INCREASED BY 7 PER CENT, WITH VOLUME UP BY 50 PER CENT.
IN RELEASING THE FIGURES TODAY, A SPOKESMAN FOR THE CENSUS AND STATISTICS DEPARTMENT EXPLAINED THAT PRICES WERE BASED ON UNIT VALUES WHICH DID NOT TAKE INTO ACCOUNT CHANGES IN THE COMPOSITION OR QUALITY OF THE GOODS TRADED. CHANGES IN THE VOLUME OF TRADE WERE DERIVED FROM CHANGES IN TRADE VALUES, AFTER DISCOUNTING THE EFFECT OF PRICE CHANGES.
AN ANALYSIS OF THE CHANGES IN THE VALUES, UNIT VALUES AND VOLUMES OF DOMESTIC EXPORTS BY COMMODITY IS AS FOLLOWS:
CHANGES COMPARING SEPT 1980 WITH SEPT 1979
EXPORT
VALUES
EXPORT UNIT
VALUES
EXPORT VOLUMES
CLOTHING (EXCEPT FUR)
7%
+ 10%
3%
TEXTILE FABRICS
4%
1%
5%
TEXTILE YARN AND THREAD
18%
5%
22%
TEXTILE MADE-UPS AND RELATED ARTICLES
+
19%
9%
8%
ALL TRANSISTOR IZED
RADIOS
+ 16%
3%
+ 12%
ELECTRONIC COMPONENTS
+ 55%
+ 13%
+ 38%
FOOTWEAR
METAL MANUFACTURES
METAL ORES AND SCRAP
WATCHES AND CLOCKS
ALL COMMODITIES
*
+ 12
+ 204
+ 174
+
NO
2.
81
9%
+ 12%
+222%
+ 50%%%
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