TUESDAY, JANUARY 14, 1986
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NOVEMBER EXTERNAL TRADE STATISTICS RELEASED
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TOTAL MERCHANDISE TRADE FOR JANUARY-NOVEMBER 1985, VALUED AT $422 602 MILLION, INCREASED BY FIVE PER CENT COMPARED WITH THE SAME PERIOD IN 1984, ACCORDING TO TRADE VALUE STATISTICS RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
ON THE SAME BASIS OF COMPARISON, DOMESTIC EXPORTS DECREASED BY SEVEN PER CENT TO $117 556 MILLION, WHILE RE-EXPORTS INCREASED BY 29 PER CENT TO $95 806 MILLION AND IMPORTS INCREASED BY THREE PER CENT TO $209 240 MILLION. TAKING DOMESTIC EXPORTS AND RE-EXPORTS TOGETHER, THE VALUE OF TOTAL EXPORTS INCREASED BY SIX PER CENT.
ALL THE TRADE STATISTICS PRESENTED HEREIN ARE MEASURED AT CURRENT PRICES AND NO ACCOUNT HAS BEEN TAKEN OF THE CHANGES IN PRICES BETWEEN THE PERIODS OF COMPARISON. A SEPARATE ANALYSIS ON THE PRICE AND VOLUME MOVEMENTS OF EXTERNAL TRADE FOR NOVEMBER 1985 WILL BE RELEASED EARLY NEXT MONTH.
THE CHANGES IN DOMESTIC EXPORTS TO THE TEN MAJOR MARKETS ARE SHOWN IN TABLE 1.
COMPARING THE FIRST 11 MONTHS OF 1985 WITH THE SAME PERIOD IN 1984, THE VALUE OF DOMESTIC EXPORTS TO THE U.S. DECREASED BY EIGHT PER CENT. ANALYSED BY COMMODITY, DECREASES WERE RECORDED IN TELECOMMUNICATIONS AND SOUND RECORDING AND REPRODUCING APPARATUS AND EQUIPMENT (BY $1 511 MILLION OR 31 PER CENT); OFFICE MACHINES AND AUTOMATIC DATA PROCESSING EQUIPMENT (BY $1 309 MILLION OR 28 PER CENT) AS WELL AS ELECTRICAL MACHINERY, APPARATUS AND APPLIANCES, AND ELECTRICAL PARTS THEREOF (BY $938 MILLION OR 16 PER CENT).
ON THE OTHER HAND, INCREASES WERE RECORDED IN CLOTHING (BY $481 MILLION OR TWO PER CENT) AS WELL AS PHOTOGRAPHIC APPARATUS, EQUIPMENT AND SUPPLIES, OPTICAL GOODS, WATCHES AND CLOCKS (BY $192 MILLION OR FIVE PER CENT).
MOST COMMODITIES EXPORTED TO CHINA INCREASED RAPIDLY IN VALUE, PARTICULARLY OFFICE MACHINES AND AUTOMATIC DATA PROCESSING EQUIPMENT (BY $638 MILLION OR 153 PER CENT); MISCELLANEOUS MANUFACTURED ARTICLES (MAINLY BABY CARRIAGES, TOYS, GAMES AND SPORTING GOODS, AS WELL AS MUSICAL INSTRUMENTS AND PARTS AND ACCESSORIES THEREOF) (BY $557 MILLION OR 42 PER CENT) AS WELL AS PHOTOGRAPHIC APPARATUS, EQUIPMENT AND SUPPLIES, OPTICAL GOODS, WATCHES AND CLOCKS (BY $498 MILLION OR 126 PER CENT).
HOWEVER, DECREASES WERE REGISTERED FOR FEEDING STUFF FOR ANIMALS (NOT INCLUDING UNMILLED CEREALS) (BY $35 MILLION OR 52 PER CENT) AS WELL AS NON-METALLIC MINERAL MANUFACTURES (EY $21 MILLION OR 20 PER CENT).
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