XN000022-1984-07-04 — Page 8

WEDNESDAY, JULY 4, 1984

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PRICE, VOLUME MOVEMENTS OF APRIL EXTERNAL TRADE

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APRIL 1984 PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE, ON AVERAGE, BY 16 PER CENT AND 17 PER CENT RESPECTIVELY SO THAT FOR TOTAL ÉXPORTS, PRICES WERE UP BY 17 PER CENT AS COMPARED WITH APRIL 1983 PRICES, ACCORDING TO STATISTICS RELEASED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT.

PRICES OF IMPORTS ALSO ROSE BY 17 PER CENT.

AS A RESULT, THE TERMS OF TRADE INDEX (EXPRESSED AS A RATIO OF THE TOTAL EXPORT PRICE INDEX TO THE IMPORT PRICE INDEX) REMAINED AT THE LEVEL OF APRIL 1983.

THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY 18 PER CENT AND 25 PER CENT RESPECTIVELY, SO THAT THE VOLUME OF TOTAL EXPORTS INCREASED BY 20 PER CENT. MEANWHILE, THE VOLUME OF IMPORTS INCREASED BY 17 PER CENT.

A COMPARISON OF FIGURES FOR THE FIRST FOUR MONTHS OF 1984 WITH THOSE FOR THE SIMILAR PERIOD OF LAST YEAR, SHOWED THAT DOMESTIC EXPORTS AND RE-EXPORTS GREW BY 27 PER CENT AND 34 PER CENT RESPECTIVELY IN VOLUME TERMS. THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS BOTH INCREASED BY 16 PER CENT. AF TEL ALLOWING FOR THE EFFECT OF AN INCREASE OF 17 PER CENT IN PRICES, IMPORTS GREW BY 21 PER CENT IN VOLUME TERMS, A DEPARTMENT SPOKESMAN SAID.

A COMPARISON OF FIGURES FOR THE TWELVE MONTHS ENDING APRIL THIS YEAR WITH FIGURES FOR THE TWELVE MONTHS ENDING APRIL 1983, SHOWED THE PRICES OF DOMESTIC EXPORTS, RE-EXPORTS AND IMPORTS ROSE, ON AVERAGE, BY 13 PER CENT, 14 PER CENT AND 16 PER CENT RESPECTIVELY.

THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS INCREASED BY 21 PER CENT AND 25 PER CENT RESPECTIVELY, THUS GIVING A 22 PER CENT INCREASE IN THE VOLUME OF TOTAL EXPORTS. MEANWHILE, THE VOLUME OF IMPORTS ROSE BY 16 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 VALUE, UNIT VALUE AND VOLUME OF DOMESTIC EXPORTS BY COMMODITY GROUP ARE SHOWN IN TABLE 1.

AS SEEN FROM TABLE 1, THE EXPORT PRICES OF ALL COMMODITY GROUPS INCREASED, FROM FOUR PER CENT FOR WATCHES AND CLOCKS TO 24 PER CENT FOR CLOTHING.

THE DOMESTIC ...................