WEDNESDAY, JUL
1990
68
JUNE PROVISIONAL TRADE FIGURES RELEASED
*
THE VALUE OF DOMESTIC EXPORTS RECORDED A SMALL DECREASE IN JUNE OVER A YEAR EARLIER, WHILE THAT OF RE-EXPORTS CONTINUED ΤΟ RISE SIGNIFICANTLY.
THE VALUE OF IMPORTS SHOWED A MODERATE INCREASE, BUT THAT OF RETAINED IMPORTS DECREASED OVER THE SAME PERIOD.
THESE ARE SHOWN IN THE PROVISIONAL TRADE FIGURES RELEASED TODAY (WEDNESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
THE VALUE OF DOMESTIC EXPORTS IN JUNE 1990 WAS $18,845 MILLION, #111 MILLION OR 0.6 PER CENT LESS THAN IN JUNE 1989, WHILE THE VALUE OF RE-EXPORTS INCREASED BY $4,310 MILLION OR 14.4 PER CENT TO $34,196 MILLION.
PER
THE VALUE OF TOTAL EXPORTS (DOMESTIC EXPORTS PLUS RE-EXPORTS) #53,041 MILLION IN JUNE 1990, WAS THUS $4,199 MILLION OR CENT HIGHER THAN IN JUNE 1989.
AT
THE VALUE OF IMPORTS GREW BY $1,967 MILLION OR 3.9 OVER A YEAR EARLIER, TO $52,021 MILLION IN JUNE 1990.
AS THE VALUE OF TOTAL EXPORTS WAS LARGER THAN THAT OF A VISIBLE TRADE SURPLUS OF $1,020 MILLION, EQUIVALENT TO 2.0 OF THE VALUE OF IMPORTS, WAS RECORDED IN JUNE 1990.
•
PER CENT
IMPORTS, CENT
PER
THIS COMPARES WITH A DEFICIT OF $1,212 MILLION, EQUIVALENT 2.4 PER CENT OF THE VALUE OF IMPORTS, RECORDED IN JUNE 1989.
ΤΟ
PUTTING THESE FIGURES IN PERSPECTIVE, THE VALUE OF TOTAL EXPORTS FOR THE FIRST HALF OF 1990 WAS $283,635 MILLION, MADE UP OF DOMESTIC EXPORTS OF $100,538 MILLION AND RE-EXPORTS OF $183,097 MILLION.
GREW BY
COMPARED WITH THE FIRST HALF OF 1989, TOTAL EXPORTS $20,481 MILLION OR 7.8 PER CENT IN VALUE TERMS, WITH DOMESTIC EXPORTS FALLING BY $1,520 MILLION OR 1.5 PER CENT AND RE-EXPORTS RISING BY $22,001 MILLION OR 13.7 PER CENT.
OVER THE SAME PERIOD, THE VALUE OF IMPORTS ROSE BY $15,210 MILLION OR 5.5 PER CENT, TO $291,833 MILLION.
A VISIBLE TRADE DEFICIT OF $8,198 MILLION, EQUIVALENT TO 2.8 PER CENT OF THE VALUE OF IMPORTS, WAS RECORDED IN THE FIRST HALF OF 1990. THIS COMPARES WITH A DEFICIT OF $13,469 MILLION, EQUIVALENT TO 4.9 PER CENT OF THE VALUE OF IMPORTS, RECORDED IN THE SAME PERIOD IN 1989.
COMMENTING ON THESE FIGURES, A GOVERNMENT SECRETARIAT SPOKESMAN SAID THE PERFORMANCE OF DOMESTIC EXPORTS WAS STILL SLUGGISH IN JUNE 1990, AFTER A REVIVAL TO POSITIVE GROWTH IN MAY.
/ON THE
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