SUNDAY, FEBRUARY 7, 1988
PRICE, VOLUME MOVEMENT OF EXTERNAL TRADE IN NOVEMBER
THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS GREW BY 24 PER CENT AND 46 PER CENT RESPECTIVELY IN THE FIRST 11 MONTHS OF 1987 AS COMPARED WITH THE SAME PERIOD IN 1986. STATISTICS RELEASED TODAY (SUNDAY) BY THE CENSUS AND STATISTICS DEPARTMENT INDICATE.
HENCE, THERE WAS AN OVERALL INCREASE OF 33 PER CENT IN THE VOLUME OF TOTAL EXPORTS. IMPORTS INCREASED BY 31 PER CENT IN VOLUMB TERMS.
ON THE SAME BASIS OF COMPARISON, THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY 3 PER CENT AND 2 PER CENT RESPECTIVELY, SO THAT THE PRICES OF TOTAL EXPORTS INCREASED BY 3 PER CENT. PRICES OF IMPORTS, ON THE OTHER HAND, ROSE BY 4 PER CENT.
AS A RESULT, THE TERMS OF TRADE INDEX (EXPRESSED AS A RATIO OF THE TOTAL EXPORT PRICE INDEX TO THE IMPORT PRICE INDEX) DROPPED BY 1 PER CENT.
COMPARING NOVEMBER 1987 WITH NOVEMBER 1986, THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS INCREASED BY 12 PER CENT AND 38 PER CENT RESPECTIVELY.
HENCE, TOTAL EXPORTS GREW BY 23 PER CENT IN VOLUME TERMS. IMPORT VOLUME INCREASED BY 25 PER CENT.
ON THE SAME BASIS OF COMPARISON, THE PRICES OF DOMESTIC EXPORTS ROSE BY 3 PER CENT; RE-EXPORT PRICES ROSE BY 3 PER CENT WHILE IMPORT PRICES ROSE BY 5 PER CENT.
PRICES ARE BASED ON UNIT VALUES WHICH DO NOT TAKE INTO ACCOUNT CHANGES IN THE COMPOSITION OR QUALITY OF GOODS TRADED, EXCEPT FOR SOME SELECTED COMMODITIES FOR WHICH SPECIFICATION PRICE INDEXES ARE COMPILED. THE VOLUME OF TRADE IS DERIVED FROM TRADE VALUES BY DISCOUNTING THE EFFECT OF PRICE CHANGES.
THE CHANGES IN THE VALUE, UNIT VALUE EXPORTS BY COMMODITY GROUP FOR NOVEMBER NOVEMBER 1986 ARE SHOWN IN TABLE 1.
AND VOLUME OF DOMESTIC 1987 AS COMPARED WITH
/AS CAN