XN000022-1973-01-25 — Page 6

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Thursday, January 25, 1973

PROVISIONAL TRADE FIGURES FOR DECEMBER

Increases In Exports And Imports Shown

The value of domestic exports for last month, amounting to $1,213

million, represents an increase of $114 million or 10.3 per cent over the

same month in 1971.

The value of imports, according to provisional trade figures

published by the Census and Statistics Department today, was $1,980 million,

an increase of $255 million or 14.8 per cent.

For re-exports, the figure stood at $391 million which is a rise.

of $98 million or 33.3 per cent when compared with December, 1971.

A spokesman for the Commerce and Industry Department said that during

the three-month period from October to December, 1972, domestic exports totalled

$4,044 million, imports $5,796 million and re-exports #1,201 million.

Compared with the corresponding period in the previous year, these

figures represent increases of 13.5 per cent, 10.1 per cent and 24.1 per cent

respectively.

Figures for the whole of last year show increases over the same

period in 1971 of 10.9 per cent for domestic exports, 7.4 per cent for imports

and 21.7 per cent for re-exports.

The much improved figures for the second half of the year were most

gratifying, the spokesman said,

"Increases in imports and exports indicated that commerce and industry

had substantially recovered from the slow down in trade experienced earlier in

the year.

1The re-export trade during the year also showed encouraging growth

and significant improvement with the increase of nearly 22 per cent over 1971,"

he said.

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