FRIDAY, AUGUST 11, 1989
EXTERNAL TRADE STATISTICS FOR JUNE RELEASED
TOTAL MERCHANDISE TRADE IN JUNE 1989, AT $98,896 MILLION, GREW BY 18 PER CENT IN VALUE TERMS COMPARED WITH JUNE 1988, ACCORDING TO THE DETAILED FIGURES ON THE VALUE OF TRADE IN JUNE 1989 RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
IN
DOMESTIC EXPORTS INCREASED BY 5 PER CENT TO $18,956 MILLION JUNE 1989, WHILE RE-EXPORTS ROSE BY 34 PER CENT TO $29,886 MILLION, THUS BRINGING TOTAL EXPORTS IN JUNE 1989 TO $48,842 MILLION, WHICH REPRESENTED AN INCREASE OF 21 PER CENT OVER JUNE 1988.
OVER THE SAME PERIOD OF COMPARISON. IMPORTS INCREASED BY 16 FER CENT TO $50,054 MILLION.
$539,777
TOTAL MERCHANDISE TRADE IN THE FIRST HALF OF 1989, AT MILLION, INCREASED BY 24 PER CENT COMPARED WITH THE SAME PERIOD IN 1988.
OVER THE SAME PERIOD OF COMPARISON, THE VALUE OF DOMESTIC EXPORTS INCREASED BY 7 PER CENT TO $102,058 MILLION, WHILE RE-EXPORTS INCREASED BY 37 PER CENT TO $161,096 MILLION.
THUS,
THE VALUE OF TOTAL EXPORTS INCREASED BY 24 PER CENT ΤΟ $263,154 MILLION. IMPORTS INCREASED BY 25 PER CENT TO $276,623
MILLION.
COMPARING JUNE 1989 WITH JUNE 1988, SUBSTANTIAL GROWTH WAS RECORDED IN THE VALUE OF DOMESTIC EXPORTS TO JAPAN (+15 PER CENT), CHINA (+15 PER CENT), SINGAPORE (+14 PER CENT) AND AUSTRALIA (+12 PER CENT). THE VALUE OF DOMESTIC EXPORTS TO THE USA, THE LARGEST MARKET INCREASED BY 3 PER CENT.
HOWEVER, THE VALUE OF DOMESTIC EXPORTS TO THE FEDERAL REPUBLIC OF GERMANY, THE NETHERLANDS AND THE UNITED KINGDOM DECREASED BY 4 PER CENT, 2 PER CENT AND 1 PER CENT RESPECTIVELY.
IMPORTS FROM MOST MAJOR SUPPLIERS INCREASED IN VALUE TERMS IN JUNE 1989 OVER JUNE 1988. PARTICULARLY THOSE FROM THE USA (+34 PER CENTI, ITALY (+34 PER CENT), CHINA (+32 PER CENT), SINGAPORE (+24 PER CENT) AND TAIWAN (+13 PER CENT). IMPORTS FROM JAPAN, THE SECOND LARGEST SUPPLIER (AFTER CHINA) INCREASED BY 2 PER CENT.
HOWEVER, THE VALUE OF IMPORTS FROM THE UNITED KINDGOM AND SWITZERLAND DECREASED, BOTH BY 8 PER CENT.
RE-EXPORTS TO THE FEDERAL REPUBLIC OF GERMANY, THE USA, THE UNITED KINGDOM AND AUSTRALIA INCREASED SUBSTANTIALLY IN VALUE TERMS BY 62 PER CENT, 54 PER CENT, 50 PER CENT AND 47 PER CENT RESPECTIVELY.
INCREASES WERE ALSO RECORDED IN THE VALUE OF RE-EXPORTS TO SINGAPORE (+36 PER CENT), ITALY (+33 PER CENT), JAPAN (+33 PER CENT), TAIWAN (+22 PER CENT), THE REPUBLIC OF KOREA (+19 PER CENT), AND CHINA (+14 PER CENT).
/COMPARING THE