XN000022-1986-09-08 — Page 6

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MONDAY, SEPTEMBER 8, 1986

IMPORTS INCREASED BY 5 PER CENT IN VOLUME. ON THE SAME BASIS OF COMPARISON, THE PRICES OF DOMESTIC EXPORTS REMAINED UNCHANGED WHILE THOSE OF RE-EXPORTS ROSE BY 1 PER CENT, SO THAT FOR TOTAL EXPORTS PRICES INCREASED BY 1 PER CENT.

PRICES OF IMPORTS ROSE BY 4 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) DROPPED BY 3 PER CENT.

COMPARING JUNE 1986 WITH JUNE 1985, THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS INCREASED BY 13 PER CENT AND 12 PER CENT RESPECTIVELY. HENCE, TOTAL EXPORTS GREW BY 13 PER CENT IN VOLUME. IMPORT VOLUME INCREASED BY 10 PER CENT. OVER THE SAME PERIOD, THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY 1 PER CENT AND 3 PER CENT RESPECTIVELY WHILE IMPORT PRICES ROSE BY 5 PER CENT,

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. THE VOLUME OF TRADE IS DERIVED FROM TRADE VALUES BY DISCOUNTING THE EFFECT OF PRICE CHANGES.

EXTENDING THE PERIOD OF COMPARISON TO THE 12 MONTHS ENDING JUNE 1986 WITH THE 12 MONTHS ENDING JUNE 1985, THE VOLUME OF DOMESTIC EXPORTS INCREASED BY 1 PER CENT WHILE THAT OF RE-EXPORTS INCREASED BY 7 PER CENT, THUS GIVING AN INCREASE OF 3 PER CENT IN THE VOLUME OF TOTAL EXPORTS.

THE VOLUME OF IMPORTS INCREASED BY 5 PER CENT. OVER THE SAME PERIOD, THE PRICES OF DOMESTIC EXPORTS DROPPED BY 1 PER CENT WHILE THOSE OF RE-EXPORTS AND IMPORTS BOTH REMAINED UNCHANGED.

THE CHANGES IN THE VALUE, UNIT VALUE AND VOLUME OF DOMESTIC EXPORTS BY COMMODITY GROUP FOR JUNE 1986 AS COMPARED WITH JUNE 1985 ARE SHOWN IN TABLE 1.

AS CAN BE SEEN FROM TABLE 1, DOMESTIC EXPORT PRICES OF SOME COMMODITY GROUPS FELL IN JUNE 1986 COMPARED WITH JUNE 1985. THESE INCLUDED RADIOS OF ALL KINDS (-13 PER CENT) METAL ORES AND SCRAP (-9 PER CENT) DOMESTIC ELECTRICAL APPLIANCES (-7 PER CENT) AS WELL AS TEXTILE FABRICS (-2 PER CENT).

INCREASES IN DOMESTIC EXPORT PRICES WERE, HOWEVER,

HOWEVER, RECORDED FOR TRAVEL GOODS, HANDBAGS AND SIMILAR ARTICLES (+9 PER CENT); WATCHES AND CLOCKS (+9 PER CENT); FOOTWEAR (+3 PER CENT); TEXTILE MADE-UPS AND RELATED ARTICLES (+2 PER CENT) ELECTRONIC COMPONENTS (+2 PER CENT) AS WELL AS CLOTHING (+1 PER CENT).

/THE DOMESTIC