EXTERNAL TRADE STATISTICS FOR AUGUST RELEASED

TOTAL MERCHANDISE TRADE IN AUGUST 1989, AT $101,023 MILLION, GREW BY 12 PER CENT IN VALUE TERMS COMPARED WITH AUGUST 1988, ACCORDING TO THE DETAILED FIGURES ON THE VALUE OF TRADE IN AUGUST 1989 RELEASED TODAY {WEDNESDAY Į BY THE CENSUS AND STATISTICS

DEPARTMENT.

DOMESTIC EXPORTS INCREASED BY 3 PER CENT TO $21,226 MILLION IN AUGUST 1989, WHILE RE-EXPORTS ROSE BY 25 PER CENT TO $31,828 MILLION, THUS BRINGING TOTAL EXPORTS IN AUGUST 1989 TO $53,054 MILLION, WHICH REPRESENTED AN INCREASE OF 15 PER CENT OVER AUGUST 1988.

OVER THE SAME PERIOD OF COMPARISON, IMPORTS INCREASED BY 9 PER CENT TO $47,969 MILLION.

TOTAL MERCHANDISE TRADE IN JANUARY TO AUGUST 1989, AT $742,061 SAME PERIOD IN MILLION, INCREASED BY 21 PER CENT COMPARED WITH THE 1988.

OVER THE SAME PERIOD OF COMPARISON, THE VALUE OF DOMESTIC EXPORTS INCREASED BY 6 PER CENT TO $144,386 MILLION, WHILE RE-EXPORTS

$224,353 MILLION. INCREASED BY 35 PER CENT TO

THUS, THE VALUE OF TOTAL EXPORTS INCREASED BY 22 PER CENT TO $368,738 MILLION.

IMPORTS INCREASED BY 20 PER CENT TO $373,323 MILLION.

COMPARING AUGUST 1989 WITH AUGUST 1988, SUBSTANTIAL GROWTH WAS RECORDED IN THE VALUE OF DOMESTIC EXPORTS TO TAIWAN JAPAN (+22 PER CENT), SINGAPORE (+13 PER CENT) CENT). THE VALUE OF DOMESTIC EXPORTS TO THE USA BY 5 PER CENT AND 1 PER CENT RESPECTIVELY.

AND

AND

PER (+29 CANADA (+10 PER CHINA INCREASED

CENT),

BY

THE 23

HOWEVER, THE VALUE OF DOMESTIC EXPORTS TO THE NETHERLANDS,

DECREASED GERMANY UNITED KINGDOM AND THE FEDERAL REPUBLIC OF PER CENT, 10 PER CENT AND 3 PER CENT RESPECTIVELY.

TERMS IN IMPORTS FROM MOST MAJOR SUPPLIERS INCREASED IN VALUE

(+30 PER AUGUST 1989 OVER AUGUST 1989, PARTICULARLY THOSE FROM CHINA

PER CENT) AND TAIWAN CENT), ITALY (+27 PER CENT), SWITZERLAND (+22

+13 PER CENT).

1

HOWEVER, THE VALUE OF

IMPORTS

FROM THE REPUBLIC OF KOREA, THE UNITED KINGDOM AND JAPAN DECREASED BY 12 PER CENT, 6 PER CENT 6 PER CENT RESPECTIVELY,

AND

RE-EXPORTS TO THE USA, THE FEDERAL REPUBLIC OF GERMANY, CANADA, INCREASED SUBSTANTIALLY IN VALUE THE UNITED KINGDOM AND AUSTRALIA TERMS OVER THE SAME PERIOD OF COMPARISON, BY 60 PER CENT, 51 PER CENT, 47 PER CENT, 36 PER CENT AND 35 PER CENT RESPECTIVELY. INCREASES ALSO RECORDED IN THE VALUE OF RE-EXPORTS TO JAPAN 1+28 PER SINGAPORE (+19 PER CENT).

WERE

CENT) AND

/HOWEVER, THE

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