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MONDAY, MAY 11, 1987
DOMESTIC EXPORTS TO ALL MAJOR MARKETS INCREASED IN VALUE TERMS BETWEEN MARCH 1986 AND MARCH 1987. SUBSTANTIAL GROWTH WAS RECORDED IN DOMESTIC EXPORTS TO CHINA (+91 PER CENT), JAPAN (+80 PER CENT), THE FEDERAL REPUBLIC OF GERMANY (+64 PER CENT), FRANCE (+63 PER CENT) AND THE NETHERLANDS (+60 PER CENT).
ON THE SAME BASIS OF COMPARISON, THE VALUE OF IMPORTS FROM ALL MAJOR SUPPLIERS INCREASED, ESPECIALLY THOSE FROM THE REPUBLIC OF KOREA (+89 PER CENT), CHINA (+65 PER CENT), SINGAPORE (+64 PER CENT), ITALY (+63 PER CENT) AND TAIWAN (+60 PER CENT).
RE-EXPORTS TO THE FEDERAL REPUBLIC OF GERMANY, THE U.S., THE UNITED KINGDOM, THE REPUBLIC OF KOREA AND TAIWAN INCREASED SIGNIFICANTLY IN VALUE TERMS BY 109 PER CENT, 93 PER CENT,87 PER CENT, 64 PER CENT AND 63 PER CENT RESPECTIVELY.
TOTAL MERCHANDISE TRADE IN THE FIRST QUARTER OF 1987, AT
$153 378 MILLION, INCREASED BY 41 PER CENT IN VALUE TERMS AS COMPARED WITH THE SAME QUARTER IN 1986. ON THE SAME BASIS OF COMPARISON, THE VALUE OF DOMESTIC EXPORTS INCREASED BY 32 PER CENT TO $38 528 MILLION WHILE RE-EXPORTS INCREASED BY 52 PER CENT TO $36 485 MILLION. THUS, THE VALUE OF TOTAL EXPORTS INCREASED BY 41 PER CENT TO $75 012 MILLION. IMPORTS INCREASED IN VALUE TERMS BY 41 PER CENT TO $78 366 MILLION.
COMPARING THE FIRST QUARTER OF 1987 WITH THE SAME QUARTER IN 1986, DOMESTIC EXPORTS TO ALL MAJOR MARKETS INCREASED IN VALUE TERMS. THE MARKETS WITH THE FASTEST GROWTH IN DOMESTIC EXPORTS INCLUDED CHINA (+77 PER CENT), THE NETHERLANDS (+70 PER CENT), JAPAN (+68 PER CENT), THE FEDERAL REPUBLIC OF GERMANY (+52 PER CENT) AND FRANCE (+41 PER CENT). DOMESTIC EXPORTS TO HONG KONG'S LARGEST MARKET, THE U.S., GREW BY 13 PER CENT IN VALUE TERMS.
IMPORTS IN THE FIRST QUARTER OF 1987 FROM ALL MAJOR SUPPLIERS INCREASED IN VALUE TERMS WHEN COMPARED WITH THE SAME QUARTER IN 1986. SIGNIFICANT INCREASES WERE RECORDED IN IMPORTS FROM THE REPUBLIC OF KOREA (+82 PER CENT), TAIWAN (+57 PER CENT), CHINA (+52 PER CENT), ITALY (+51 PER CENT) AND THE UNITED KINGDOM (+31 PER CENT).
ON THE SAME BASIS OF COMPARISON, RE-EXPORTS TO THE FEDERAL REPUBLIC OF GERMANY, THE U.S., THE REPUBLIC OF KOREA, THE UNITED KINGDOM AND TAIWAN INCREASED SIGNIFICANTLY IN VALUE TERMS BY 92 PER CENT, 79 PER CENT, 66 PER CENT, 63 PER CENT AND 57 PER CENT RESPECTIVELY.
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