IN
THURSDAY, SEPTEMBER 6, 1984
A COMPARISON OF FIGURES FOR THE 12 MONTHS ENDING JUNE THIS YEAR WITH THOSE FOR THE TWELVE MONTHS ENDING JUNE 1983 SHOWED THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS BOTH ROSE, ON AVERAGE, BY 15 PER CENT AND THOSE OF IMPORTS BY 17 PER CENT.
THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS, ON AVERAGE, INCREASED BY 22 PER CENT AND 29 PER CENT RESPECTIVELY, SO THAT A 24 PER CENT INCREASE WAS RECORDED IN THE VOLUME OF TOTAL EXPORTS. MEANWHILE, A 17 PER CENT INCREASE WAS RECORDED IN THE VOLUME OF IMPORTS.
PRICES ARE BASED ON UNIT VALUES WHICH DO NOT TAKE INTO ACCOUNT CHANGES IN THE COMPOSITION OR QUALITY OF GOODS TRADED. CHANGES IN THE VOLUME OF TRADE ARE DERIVED FROM CHANGES IN TRADE
THE VALUES, AFTER DISCOUNTING THE EFFECT OF PRICE CHANGES, SPOKESMAN SAID.
AS SHOWN IN TABLE 1, THE EXPORT PRICES OF ALL COMMODITY GROUPS INCREASED, FROM SIX PER CENT FOR WATCHES AND CLOCKS AS WELL AS ELECTRONIC COMPONENTS TO 22 PER CENT FOR CLOTHING.
THE DOMESTIC EXPORT VOLUME OF NEARLY ALL COMMODITY GROUPS INCREASED SIGNIFICANTLY, THE MORE SUBSTANTIAL ONES BEING ELECTRONIC COMPONENTS (+74 PER CENT), DOMESTIC ELECTRICAL APPLIANCES (+43 PER CENT), FOOTWEAR (+34 PER CENT), TEXTILE YARN AND THREAD (+28 PER CENT), RADIOS OF ALL KINDS (+26 PER CENT), TEXTILE FABRICS (+22 PER CENT), CLOTHING AND METAL MANUFACTURES (BOTH +20 PER CENT). HOWEVER, A DECREASE IN EXPORT VOLUME WAS REGISTERED FOR METAL ORES AND SCRAP (-25 PER CENT).
AS SHOWN IN TABLE 2, IMPORT PRICES OF ALL END-USE CATEGORIES INCREASED, RANGING FROM 10 PER CENT FOR FUELS TO 20 PER CENT FOR RAW MATERIALS AND SEMI-MANUFACTURES.
MANY OF THE MAJOR IMPORTED FOODSTUFFS DECLINED IN VOLUME TERMS, THE MORE SIGNIFICANT ONES BEING SOYA BEAN OIL, PEANUT OIL AND LARD, BOVINE ANIMALS, VEGETABLES, SUGAR, CEREALS AND CEREAL PREPARATIONS OTHER THAN RICE, WHEAT AND FLOUR, LIVE POULTRY AS WELL AS WHEAT AND FLOUR. HOWEVER, INCREASES IN IMPORT VOLUME WERE REGISTERED FOR TEA AND COFFEE, MILK, BUTTER, CHEESE AND EGGS AND SWINE.
THE IMPORT VOLUME OF NEARLY ALL CONSUMER GOODS INCREASED SIGNIFICANTLY, THE MORE SUBSTANTIAL INCREASES BEING ALCOHOLIC BEVERAGES, CLOTHING, RADIOS, TELEVISION SETS, GRAMOPHONES, RECORDS, TAPE RECORDERS AND AMPLIFIERS, HOUSEHOLD TYPE ELECTRICAL APPLIANCES, MISCELLANEOUS MADE-UP ARTICLES OF TEXTILE MATERIALS AND PASSENGER MOTOR CARS. HOWEVER, A SLIGHT DECREASE WAS RECORDED FOR WATCHES.
THE IMPORT VOLUME OF MOST OF THE RAW MATERIALS AND SEMI- MYNUFACTURES ROSE.
/BIG INCREASES