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WEDNESDAY, JUNE 7, 1989
THE GROWTH IN THE VOLUME OF TRADE IS DERIVED FROM THE GROWTH IN TRADE VALUES, HAVING DISCOUNTED THE EFFECT OF PRICE CHANGES.
AS REGARDS PRICE CHANGES OVER THE SAME PERIOD OF COMPARISON, THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY 3 PER CENT AND 6 PER CENT RESPECTIVELY, WHILE THOSE OF IMPORTS ROSE BY 4 PER CENT, AS A RESULT, THE TERMS OF TRADE INDEX (EXPRESSED AS A RATIO OF TOTAL EXPORT PRICE INDEX TO IMPORT PRICE INDEX) ROSE BY 1 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 AVAILABLE.
COMPARING THE MONTH OF MARCH 1989 WITH MARCH 1988, THE VOLUME OF DOMESTIC EXPORTS INCREASED BY 15 PER CENT, AND THAT OF RE-EXPORTS INCREASED BY 34 PER CENT. HENCE, TAKING DOMESTIC EXPORTS AND RE- EXPORTS TOGETHER, TOTAL EXPORTS GREW BY 25 PER CENT IN VOLUME TERMS. IMPORT VOLUME ALSO INCREASED BY 25 PER CENT.
OVER THE SAME PERIOD OF COMPARISON, THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY 3 PER CENT AND 7 PER CENT RESPECTIVELY. PRICES OF IMPORTS ROSE BY 4 PER CENT.
THE CHANGES IN THE VALUE, UNIT VALUE AND VOLUME OF DOMESTIC EXPORTS BY COMMODITY GROUP FOR MARCH 1989 AS COMPARED WITH MARCH 1988 ARE SHOWN IN TABLE 1.
AS CAN BE SEEN FROM TABLE 1, THE DOMESTIC EXPORT VOLUME OF MANY COMMODITY GROUPS INCREASED IN MARCH 1989 COMPARED WITH MARCH 1988, INCLUDING TEXTILE YARN AND THREAD (+28 PER CENT); METAL ORES AND SCRAP (+26 PER CENT); ELECTRONIC COMPONENTS (+25 PER CENT); CLOTHING (+23 PER CENT); TRAVEL GOODS, HANDBAGS AND SIMILAR ARTICLES (+16 PER CENT); WATCHES AND CLOCKS (+11 PER CENT); TEXTILE FABRICS (+11 PER CENT); AND METAL MANUFACTURES (+7 PER CENT).
NEVERTHELESS, DECREASES IN DOMESTIC EXPORT VOLUME WERE RECORDED IN RADIOS OF ALL KINDS (-45 PER CENT); FOOTWEAR DOMESTIC ELECTRICAL APPLIANCES (-12 PER CENT); AND AND RELATED ARTICLES (-7 PER CENT).
(-16 PER CENT): TEXTILE MADE-UPS
PRICES OF DOMESTIC EXPORTS OF MOST COMMODITY GROUPS IN MARCH 1989 COMPARED WITH MARCH 1988.
INCREASED
THESE INCLUDED METAL MANUFACTURES (+12 PER CENT); DOMESTIC ELECTRICAL APPLIANCES (+6 PER CENT); TEXTILE MADE-UPS AND RELATED ARTICLES (+6 PER CENT); METAL ORES AND SCRAP (+5 PER CENT); TRAVEL GOODS, HANDBAGS AND SIMILAR ARTICLES (+4 PER CENT); WATCHES AND CLOCKS (+2 PER CENT); TEXTILE YARN AND THREAD (+1 PER CENT); AND CLOTHING (+1 PER CENT),
HOWEVER, DECREASES IN DOMESTIC EXPORT PRICES WERE RECORDED IN ELECTRONIC COMPONENTS (-4 PER CENT); AND TEXTILE FABRICS (-2 PER CENT). DOMESTIC EXPORT PRICES OF RADIOS OF ALL KINDS AND FOOTWEAR REMAINED UNCHANGED.
THE CHANGES