TUESDAY, JANUARY 27, 1981
4
TRADE PRICE AND VOLUME CHANGES IN NOV 1980
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THE PRICES OF DOMESTIC EXPORTS AND IMPORTS ROSE BY 8 PER CENT AND 6 PER CENT RESPECTIVELY IN NOVEMBER 1980 COMPARED WITH THE SAME MONTH IN 1979, ACCORDING TO ECONOMIC STATISTICS RELEASED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT.
AS A RESULT, THE TERMS OF TRADE INDEX (EXPRESSED AS A RATIO OF THE DOMESTIC EXPORT PRICE INDEX TO THE IMPORT PRICE INDEX) IMPROVED SLIGHTLY BY 1 PER CENT. HOWEVER, A LARGER INCREASE IN VOLUME WAS REGISTERED FOR IMPORTS (+25%) THAN FOR DOMESTIC EXPORTS (+2%). ON THE OTHER HAND, THE PRICES OF RE-EXPORTS INCREASED BY & PER CENT, WITH VOLUME UP BY 35 PER CENT, SO THAT FOR TOTAL EXPORTS, PRICES ROSÉ BY 8 PER CENT AND VOLUME BY 11 PER CENT.
PRICES ARE BASED ON UNIT VALUES WHICH DO NOT TAKE INTO
ACCOUNT CHANGES IN THE COMPOSITION OR QUALITY OF GOODS TRADED. CHANGES IN THE VOLUME OF TRADE ARE DERIVED FROM CHANGES IN TRADE VALUES, AFTER DISCOUNTING THE EFFECT OF PRICE CHANGES.
THE CHANGES IN THE VALUES, UNIT VALUES AND VOLUMES OF DOMESTIC EXPORTS BY COMMODITY GROUP ARE AS FOLLOWS
CHANGES COMPARING NOV 1980 WITH NOV 1979
EXPORT
VALUES
EXPORT UNIT
VALUES
EXPORT
VOLUMES
CLOTHING (EXCEPT FUR)
6%
+ 10%
39%
TEXTILE FABRICS
1%
INSIGNIFICANT
1%
TEXTILE YARN AND THREAD
22%
1%
23%
TEXTILE MADE-UPS AND
RELATED ARTICLES
16%
+ 11%
25%
ALL TRANSISTORIZED RADIOS
5%
3%
2%
ELECTRONIC COMPONENTS
+ 31%
+ 13%
+ 15%
FOOTWEAR
+ 1496
9%
5%
METAL MANUFACTURES
+ 31%
+ 16%
+ 13%
METAL ORES AND SCRAP
+112%
3%
+105%
WATCHES AND CLOCKS
+ 26%
7%
+ 35%
ALL COMMODITIES
+ 10%
8%
296
APART FROM A DROP OF 7 PER CENT FOR WATCHES AND CLOCKS, AND AN INSIGNIFICANT DECREASE FOR TEXTILE FABRICS, THE EXPORT PRICES OF THE MAJOR COMMODITY GROUPS INCREASED AT VARYING RATES, FROM A 1 PER CENT INCREASE FOR TEXTILE YARN TO A 16 PER CENT INCREASE FOR METAL MANUFACTURES.
/CONSIDERABLE GROWTH
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