XN000022-1983-11-24 — Page 4

CALENDAR YEAR TO-DATE

JAN.-OCT.

1983

3

THURSDAY, NOVEMBER 24, 1983

JAN.-OCT.

1982

INCREASE OR

DECREASE

$ MN.

$ MN.

$ MN.

%

DOMESTIC EXPORTS

83 114

(% OF TOTAL EXPORTS)

(65.2%)

67 493 (65.3%)

+15 621

+23.1

RE-EXPORTS

44 330

35 917

+ 8 413

+23.4

TOTAL EXPORTS

127 444

103 410

+24 034

+23.2

IMPORTS

139 488

116 649

+22 839

+19.6

TRADE BALANCE

-12 044

-13 239

+1 195

LAST 12 MONTHS

NOV. 1982

ΤΟ OCT. 1983

NOV. 1981

TO OCT. 1982

INCREASE OR

DECREASE

$ MN.

$ MN.

$ MN.

6

DOMESTIC EXPORTS

98 653

82 300

+16 353

+19.9

RE-EXPORTS

52 766

43 755

+ 9 011

+20.6

TOTAL EXPORTS

151 419

126 055

+25 364

+20.1

IMPORTS

165 732

142 112

+23 620

+16.6

TRADE BALANCE

-14 313

-16 057

+1 744

EXPORT-LED RECOVERY CONTINUES INTO THIRD QUARTER

*****

THE GOVERNMENT TODAY PUBLISHED THE THIRD QUARTER ECONOMIC REPORT 1983.

THE REPORT UPDATES THE ANALYSIS IN THE HALF-YEARLY ECONOMIC REPORT PUBLISHED IN AUGUST, AND REVIEWS DEVELOPMENTS IN THE ECONOMY IN THE THIRD QUARTER.

THE REPORT NOTES THAT THE EXPORT SECTOR HAS CLEARLY REBOUNDED SINCE THE BEGINNING OF THIS YEAR.

THE YEAR-ON-YEAR GROWTH RATE IN REAL TERMS OF DOMESTIC EXPORTS ACCELERATED TO ABOUT 19 PER CENT IN THE THIRD QUARTER, FROM 14 PER CENT IN THE SECOND QUARTER AND 3 PER CENT IN THE FIRST QUARTER OF THIS YEAR.

/SUCH IMPRESSIVE