FRIDAY, JUNE 26, 1992
16
PROVISIONAL TRADE FIGURES FOR MAY
* * * * * *
RE-EXPORTS LAST MONTH RECORDED A FURTHER MARKED INCREASE OVER A YEAR EARLIER, WHILE DOMESTIC EXPORTS SHOWED LITTLE CHANGES. IMPORTS CONTINUED TO RISE SIGNIFICANTLY.
THESE ARE SHOWN IN THE PROVISIONAL TRADE FIGURES RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
YEAR
THE VALUE OF RE-EXPORTS ROSE BY $12,252 MILLION OR 27.3% OVER A EARLIER TO $57,176 MILLION LAST MONTH.
ON THE OTHER HAND, THE VALUE OF DOMESTIC EXPORTS IN MAY. AT $19,406 MILLION, WAS $25 MILLION OR 0.1% LOWER.
TAKING RE-EXPORTS AND DOMESTIC EXPORTS TOGETHER, THE VALUE OF TOTAL EXPORTS IN MAY GREW BY $12,227 MILLION OR 19.0% OVER A YEAR EARLIER TO $76,582 MILLION.
MEANWHILE, THE VALUE OF IMPORTS IN MAY INCREASED BY $14,380 MILLION OR 21.4% OVER A YEAR EARLIER TO $81,518 MILLION.
AS THE VALUE OF TOTAL EXPORTS WAS SMALLER THAN THAT OF TOTAL IMPORTS, A VISIBLE TRADE DEFICIT OF $4,936 MILLION, EQUIVALENT TO 6.1% OF THE VALUE OF IMPORTS, WAS RECORDED IN MAY THIS YEAR.
THIS COMPARED WITH THE DEFICIT OF $2,783 MILLION, EQUIVALENT TO 4.1% OF THE VALUE OF IMPORTS, RECORDED IN MAY LAST YEAR.
IN THE FIRST FIVE MONTHS OF 1992, THE VALUE OF RE-EXPORTS INCREASED BY $59,320 MILLION OR 31.1% OVER A YEAR EARLIER TO $250,118 MILLION.
THE VALUE OF DOMESTIC EXPORTS AMOUNTED TO $85,830 MILLION, $283 MILLION OR 0.3% LESS THAN IN THE SAME PERIOD LAST YEAR.
OF
TAKING RE-EXPORTS AND DOMESTIC EXPORTS TOGETHER, THE VALUE TOTAL EXPORTS IN THE FIRST FIVE MONTHS OF 1992, AT $335,948 MILLION, WAS $59,037 MILLION OR 21.3% HIGHER THAN A YEAR EARLIER.
THE VALUE OF IMPORTS INCREASED BY $62,395 MILLION OR 21.1% ΤΟ $358,025 MILLION.
A VISIBLE TRADE DEFICIT OF $22,077 MILLION, EQUIVALENT TO 6.2% THE VALUE OF IMPORTS, WAS RECORDED IN THE FIRST FIVE MONTHS OF
OF
1992.
THIS COMPARED WITH THE DEFICIT OF $18,719 MILLION, EQUIVALENT TO 6.3% OF THE VALUE OF IMPORTS, RECORDED IN THE SAME PERIOD IN 1991.
/A GOVERNMENT