XN000022-1985-07-07 — Page 2

SUNDAY, JULY 7, 1985

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PRICE AND VOLUME MOVEMENTS OF APRIL EXTERNAL TRADE RELEASED

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THE VOLUME OF DOMESTIC EXPORTS DECLINED BY THREE PER CENT WHILE THAT OF RE-EXPORTS GREW BY 40 PER CENT, GIVING A 13 PER CENT INCREASE IN THE VOLUME OF TOTAL EXPORTS, COMPARING THE FIRST FOUR MONTHS OF 1985 WITH THE SAME PERIOD LAST YEAR, ACCORDING TO STATISTICS RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT.

IMPORTS INCREASED BY 11 PER CENT IN VOLUME TERMS. OVER THE SAME PERIOD, THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY FOUR PER CENT AND FIVE PER CENT RESPECTIVELY WHILE THOSE OF IMPORTS DECLINED BY ONE PER CENT,

COMPARING APRIL 1985 WITH APRIL 1984, THE VOLUME OF TOTAL EXPORTS INCREASED BY 13 PER CENT. WITHIN TOTAL EXPORTS, THE VOLUME OF DOMESTIC EXPORTS DECREASED BY NINE PER CENT WHILE THAT OF RE-EXPORTS ROSE BY 52 PER CENT, IMPORTS INCREASED BY 10 PER CENT IN VOLUME TERMS.

PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY TWO PER CENT AND THREE PER CENT RESPECTIVELY IN APRIL 1985 COMPARED WITH APRIL 1984, SO THAT FOR TOTAL EXPORTS, PRICES INCREASED BY THREE PER CENT.

PRICES OF IMPORTS, ON THE OTHER HAND, DECREASED BY THREE 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) ROSE BY SIX PER CENT.

EXTENDING THE PERIOD OF COMPARISON TO THE 12 MONTHS ENDING APRIL 1985 WITH THE 12 MONTHS ENDING APRIL 1984, THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS INCREASED BY EIGHT PER CENT AND 33 PER CENT RESPECTIVELY, GIVING A 17 PER CENT INCREASE IN THE VOLUME OF TOTAL EXPORTS.

MEANWHILE, THE VOLUME OF IMPORTS ROSE BY 12 PER CENT. PRICES OF DOMESTIC EXPORTS, RE-EXPORTS AND IMPORTS ROSE, ON AVERAGE, BY NINE PER CENT, 10 PER CENT AND SIX PER CENT RESPECTIVELY.

PRICES ARE BASED ON UNIT VALUES WHICH DO NOT TAKE INTO ACCOUNT CHANGES IN THE COMPOSITION OR QUALITY OF GOODS TRADED, EXCEPT FOR SOME SELECTED COMMODITIES FOR WHICH SPECIFICATION PRICE INDEXES ARE COMPILED. 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 FOR APRIL 1985 ARE SHOWN IN TABLE 1.

/AS SPON

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