THURSDAY, MARCH 10, 1994
9
VOLUME AND PRICE MOVEMENTS OF EXTERNAL TRADE
IN DECEMBER AND 1993
THE
VOLUME OF DOMESTIC EXPORTS FOR THE WHOLE YEAR OF 1993 RECORDED A DECREASE OF 5.1% OVER 1992. OVER THE SAME PERIOD, THE VOLUME OF RE-EXPORTS INCREASED SIGNIFICANTLY BY 20%, ACCORDING ΤΟ STATISTICS RELEASED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
TAKING DOMESTIC EXPORTS AND RE-EXPORTS TOGETHER, THE VOLUME OF TOTAL EXPORTS INCREASED BY 14%. IMPORTS INCREASED BY 13% IN VOLUME.
THE GROWTH IN THE VOLUME OF TRADE IS DERIVED FROM THE GROWTH IN TRADE VALUES WITH THE EFFECT OF PRICE CHANGES BEING DISCOUNTED.
AS REGARDS PRICE CHANGES OVER THE SAME PERIOD OF COMPARISON, THE PRICES OF DOMESTIC EXPORTS INCREASED SLIGHTLY BY 0.3%. THE PRICES OF RE-EXPORTS AND IMPORTS BOTH DECREASED BY 0.6%.
WHICH
PRICE CHANGES ARE REFLECTED BY CHANGES IN UNIT VALUE ARE COMPILED BASED ON AVERAGE UNIT VALUES OR. FOR
COMMODITIES, BASED ON SPECIFIC PRICE DATA.
INDICES,
CERTAIN
EXPORT
THE TERMS OF TRADE INDEX, DEFINED AS THE RATIO OF TOTAL PRICE INDEX TO IMPORT PRICE INDEX, INCREASED SLIGHTLY BY 0.2% IN 1993 AS COMPARED WITH 1992.
TAKING DECEMBER 1993 ALONE AND COMPARING WITH DECEMBER 1992, THE VOLUME OF DOMESTIC EXPORTS DECREASED BY 5.8% WHILE THAT OF RE-EXPORTS INCREASED BY 16%. THE VOLUME OF TOTAL EXPORTS INCREASED BY
THE VOLUME OF IMPORTS GREW BY 6.6%.
10%.
OVER THE SAME PERIOD OF COMPARISON, THE PRICES OF DOMESTIC EXPORTS INCREASED BY 0.9% WHILE THOSE OF RE-EXPORTS DECREASED BY 0.9%. THE PRICES OF IMPORTS REMAINED VIRTUALLY UNCHANGED.
THE CHANGES IN THE VALUE, UNIT VALUE AND VOLUME OF DOMESTIC EXPORTS BY PRINCIPAL COMMODITY GROUP ARE SHOWN IN TABLE 1.
COMPARING DECEMBER 1993 WITH DECEMBER 1992, WITH THE EXCEPTION OF METAL MANUFACTURES WHICH RECORDED AN INCREASE OF 2.7%, THE VOLUME OF DOMESTIC EXPORTS FOR OTHER COMMODITY GROUPS DECREASED, PARTICULARLY RADIOS OF ALL KINDS (-73%); TEXTILE MADE-UPS AND RELATED ARTICLES (-40%); FOOTWEAR (-38%); AND METAL ORES AND SCRAP (-34%),
AS REGARDS DOMESTIC EXPORT PRICES, THE PRICES OF FOOTWEAR; AND ELECTRONIC COMPONENTS INCREASED BY 5.5% AND 3.4% RESPECTIVELY.
ON THE OTHER HAND, DECREASES IN DOMESTIC EXPORT PRICES WERE RECORDED FOR TEXTILE YARN AND THREAD (-10%); TEXTILE FABRICS (-6.3%); AND RADIOS OF ALL KINDS (-6.2%).
THE CHANGES IN THE VALUE, UNIT VALUE AND VOLUME OF IMPORTS BY END-USE CATEGORY ARE SHOWN IN TABLE 2.
/THE IMPORT
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