11
THURSDAY, NOVEMBER 26, 1992
PROVISIONAL TRADE FIGURES FOR OCTOBER
IN OCTOBER 1992, THE PERFORMANCE OF RE-EXPORTS REMAINED STRONG, WHILE DOMESTIC EXPORTS CONTINUED TO INCREASE.
IMPORTS ALSO GREW SHARPLY.
THESE ARE SHOWN IN THE PROVISIONAL TRADE FIGURES RELEASED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
THE VALUE OF RE-EXPORTS ROSE BY $16,825 MILLION OR 32.9% OVER A YEAR EARLIER TO $67,923 MILLION IN OCTOBER 1992.
THE VALUE OF DOMESTIC EXPORTS ALSO INCREASED BY $558 MILLION OR 2.6% TO $21,854 MILLION.
TAKING RE-EXPORTS AND DOMESTIC EXPORTS TOGETHER, THE VALUE OF TOTAL EXPORTS IN OCTOBER GREW BY $17,383 MILLION OR 24.0% OVER A YEAR EARLIER TO $89,777 MILLION.
MEANWHILE, THE VALUE OF IMPORTS INCREASED BY $20,739 MILLION OR 29.9% TO $90,021 MILLION.
AS THE VALUE OF TOTAL EXPORTS WAS SLIGHTLY SMALLER THAN THAT OF TOTAL IMPORTS, A VISIBLE TRADE DEFICIT OF $244 MILLION, EQUIVALENT то 0.3% OF THE VALUE OF IMPORTS, WAS RECORDED IN OCTOBER 1992.
THIS COMPARED WITH A SURPLUS OF $3,112 MILLION, EQUIVALENT ΤΟ 4.5% OF THE VALUE OF IMPORTS, RECORDED IN OCTOBER 1991.
IN THE FIRST 10 MONTHS OF 1992, THE VALUE OF RE-EXPORTS INCREASED BY $133, 185 MILLION OR 31.0% OVER A YEAR EARLIER TO $563,240 MILLION,
THE VALUE OF DOMESTIC EXPORTS AMOUNTED TO $192,139 MILLION, $3,850 MILLION OR 2.0% HIGHER THAN IN THE FIRST 10 MONTHS OF 1991.
TAKING RE-EXPORTS AND DOMESTIC EXPORTS TOGETHER, THE VALUE OF TOTAL EXPORTS, AT $755,379 MILLION IN THE FIRST 10 MONTHS OF 1992, WAS $137,035 MILLION OR 22.2% HIGHER THAN A YEAR EARLIER.
THE VALUE OF IMPORTS INCREASED BY $148,663 MILLION OR 23. 5% $779,956 MILLION.
TO
A VISIBLE TRADE DEFICIT OF $24,577 MILLION, EQUIVALENT TO 3.2% OF THE VALUE OF IMPORTS, WAS RECORDED IN THE FIRST 10 MONTHS OF 1992.
THIS COMPARED WITH A DEFICIT OF $12,949 MILLION, EQUIVALENT 2.1% OF THE VALUE OF IMPORTS, RECORDED IN THE SAME PERIOD LAST YEAR,
TO
COMMENTING ON THE OCTOBER TRADE FIGURES, A GOVERNMENT SPOKESMAN SAID WHILE RE-EXPORTS SURGED FURTHER, IT WAS ALSO ENCOURAGING TO THAT DOMESTIC EXPORTS HAD REGISTERED POSITIVE
FOR
GROWTH
NOTE
FIVE
CONSECUTIVE MONTHS.
/THE SUSTAINED