TUESDAY, JULY 11, 1989
EXTERNAL TRADE STATISTICS FOR MAY RELEASED
* * * * *
GREW
TOTAL MERCHANDISE TRADE IN MAY 1989, AT $94,326 MILLION, BY 20 PER CENT IN VALUE TERMS COMPARED WITH MAY 1988 DETAILED FIGURES (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
ON THE VALUE OF TRADE IN MAY
} ACCORDING TO THE 1989 RELEASED TODAY
IN
DOMESTIC EXPORTS INCREASED BY 2 PER CENT TO $17,695 MILLION MAY 1989, WHILE RE-EXPORTS ROSE BY 31 PER CENT TO THUS BRINGING TOTAL EXPORTS IN MAY 1989 TO REPRESENTED AN INCREASE OF 18 PER CENT OVER MAY 1988.
$28,012 MILLION, $45,707 MILLION, WHICH
OVER THE SAME PERIOD OF COMPARISON, IMPORTS INCREASED BY 23 PER CENT TO $48,619 MILLION.
TOTAL MERCHANDISE
MILLION, INCREASED 1988.
TRADE IN JANUARY TO MAY 1989,
BY 26 PER CENT COMPARED WITH THE SAME
AT $440,881 PERIOD IN
OVER THE EXPORTS
SAME PERIOD OF COMPARISON, THE INCREASED BY 7 PER CENT TO $83.102 MILLION, WHILE INCREASED
VALUE BY 38 PER CENT TO $131,210 MILLION.
OF DOMESTIC TOTAL EXPORTS INCREASED BY 24 PER CENT TO $214,312 MILLION.
RE-EXPORTS INCREASED BY 27 PER CENT TO $226,569 MILLION.
THUS, THE VALUE OF IMPORTS
COMPARING MAY
1989 WITH MAY
1988,
SUBSTANTIAL
RECORDED IN THE VALUE OF DOMESTIC EXPORTS TO CHINA (+25 FOLLOWED UP TAIWAN (+14 PER CENT) AND JAPAN (+11 PER CENT). THE
GROWTH WAS OF DOMESTIC EXPORTS TO SINGAPORE,
PER CENT), INCREASED, BY 8 PER CENT, 6 PER CENT AND 5 PER CENT RESPECTIVELY.
THE NETHERLANDS
VALUE AND CANADA ALSO
HOWEVER, THE FEDERAL REPUBLIC OF GERMANY, THE UNITED KINGDOM AND THE USA
VALUE OF DOMESTIC EXPORTS BY 12 PER CENT, 10 PER CENT. 6 PER CENT AND 4 PER CENT RESPECTIVELY.
ΤΟ AUSTRALIA,
THE
DECREASED
IMPORTS FROM ALL MAJOR SUPPLIERS INCREASED IN VALUE MAY 1989 OVER MAY 1988, PARTICULARLY THOSE FROM SINGAPORE CENTI, ITALY (+36 PER CENT), CHINA (+33 PER CENT),
TERMS IN CENT) AND TAIWAN
(+47 PER (+19 REPUBLIC OF KOREA INCREASED BY 5 PER CENT AND 9 PER CENT RESPECTIVELY.
PER CENT).
JAPAN IMPORTS FROM
(+23 PER THE USA AND THE
RE-EXPORTS
USA INCREASED SUBSTANTIALLY IN VALUE TERMS BY 68 PER CENT, 60 PER CENT
TO THE FEDERAL REPUBLIC OF GERMANY, ITALY AND 45 PER CENT RESPECTIVELY.
AND THE VALUE OF RE-EXPORTS TO THE UNITED KINGDOM (+36 PER
INCREASES WERE ALSO RECORDED (+26 PER CENT), CHINA (+25 PER CENT), JAPAN (+23 PER CENT) AND
IN THE (+18 PER CENT).
CENT), AUSTRALIA TAIWAN
COMPARING
IN 1988,
DOMESTIC EXPORTS TO MOST MAJOR MARKETS INCREASED IN VALUE TERMS.
JANUARY TO MAY 1989 WITH THE SAME PERIOD MARKETS WITH MORE SIGNIFICANT GROWTH IN DOMESTIC CHINA (+32 PER CENT), JAPAN (+26 PER CENT), TAIWAN (+18 PER CENT)
THE SINGAPORE (+16 PER CENT).
EXPORTS INCLUDED AND
/HOWEVER,