33
WEDNESDAY, APRIL 26, 1989
WAS
$16,623 1988,
PER
THE VALUE OF DOMESTIC EXPORTS IN MARCH 1989
MARCH THAN IN MILLION, $2,571 MILLION OR 18.3 PER CENT HIGHER WHILE THE VALUE OF RE-EXPORTS INCREASED BY $7,893 MILLION OR 42.5 CENT TO $26,483 MILLION.
RE-EXPORTS),
THE VALUE OF TOTAL EXPORTS (DOMESTIC EXPORTS PLUS AT $43,106 MILLION IN MARCH 1989, WAS THUS $10,464 MILLION OR 32.1 PER CENT HIGHER THAN IN MARCH 1988.
THE VALUE OF IMPORTS GREW BY 30.0 PER CENT OR $11,178 MILLION OVER A YEAR EARLIER, TO $48,424 MILLION IN MARCH 1989.
ΤΟ 11.0
A VISIBLE TRADE DEFICIT OF $5,318 MILLION, EQUIVALENT
IN MARCH 1989. THIS PER CENT OF THE VALUE OF IMPORTS, WAS RECORDED
ΤΟ EQUIVALENT COMPARES WITH A DEFICIT OF $4,604 CENT OF THE VALUE OF IMPORTS, RECORDED IN MARCH 1988.
MILLION,
12.4 PER
TOTAL
PUTTING THESE TRADE FIGURES IN PERSPECTIVE, THE VALUE OF EXPORTS IN THE FIRST QUARTER OF 1989 WAS $123,049 MILLION, MADE UP OF DOMESTIC EXPORTS OF $47,927 MILLION AND RE-EXPORTS OF $75,122 MILLION.
TERMS TOTAL COMPARED WITH THE FIRST QUARTER OF 1988, IN VALUE
BY EXPORTS GREW BY $26,012 MILLION OR 26.8 PER CENT, DOMESTIC EXPORTS
MILLION OR $3,758 MILLION OR 8.5 PER CENT, AND RE-EXPORTS BY $22,254 42.1 PER CENT.
$130,031
OF OVER THE SAME PERIOD, THE VALUE
IMPORTS GREW BY $31,164
PER CENT, TO MILLION OR 31.5
A MILLION.
VISIBLE TRADE DEFICIT OF $6,982 MILLION, EQUIVALENT TO 5.4 PER CENT OF THE VALUE IMPORTS, WAS RECORDED IN THE FIRST QUARTER OF 1989.
COMMENTING ON THESE FIGURES, A
GOVERNMENT
OF
SECRETARIAT IN VALUE TERMS OF CENT, WAS
SPOKESMAN SAID THAT THE YEAR-ON-YEAR GROWTH RATE DOMESTIC EXPORTS FOR THE FIRST QUARTER OF 1989, AT 8.5 PER LOWER THAN IN THE THIRD AND FOURTH QUARTERS OF 1988, WHEN IT PER CENT AND 13.3 PER CENT RESPECTIVELY.
WAS 9.8
REMAINED
THE PERFORMANCE OF BI STILL
IMPORTS
SHOULD MONTHS
HOWEVER, THE GROWTH RATE OF RETAINED SIGNIFICANT IN THE FIRST QUARTER, SUGGESTING THAT DOMESTIC EXPORTS SATISFACTORY.
IN THE NEXT
COUPLE OF
THE SPOKESMAN ADDED THAT, AS A RESULT OF THE STRONG RE-EXPORTS, 61.1 PER CENT BY VALUE OF THE TOTAL EXPORTS IN RE-EXPORTS, COMPARED QUARTER OF 1989 WERE REPRESENTED BY PER CENT IN THE SAME QUARTER IN 1988.
GROWTH IN THE FIRST WITH 54.5
THE FOLLOWING TABLE
FOR MARCH 1989.
MERCHANDISE:
PRESENTS
THE
PROVISIONAL TRADE FIGURES
DOMESTIC EXPORTS
$16,623 MILLION
RE-EXPORTS
$26,483 MILLION
TOTAL EXPORTS
IMPORTS
TRADE BALANCE
$43,106 MILLION $48,424 MILLION 35,318 MILLION
[IN DEFICIT]
/COMPARATIVE FIGURES ........