XN000022-1988-12-06 — Page 3

TUESDAY, DECEMBER 6, 1988

EXTERNAL TRADE PRICE, VOLUME MOVEMENTS IN SEPTEMBER

THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS GREW BY 8 PER CENT AND 45 PER CENT RESPECTIVELY IN THE FIRST NINE MONTHS OF 1988 COMPARED WITH THE SAME PERIOD LAST YEAR, ACCORDING TO STATISTICS RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

TAKING THEM TOGETHER, THERE WAS AN OVERALL INCREASE OF 25 PER CENT IN THE VOLUME OF TOTAL EXPORTS. IMPORTS ALSO INCREASED BY 26 PER CENT IN VOLUME TERMS.

THE GROWTH IN THE VOLUME OF TRADE IS DERIVED FROM THE GROWTH IN TRADE VALUES, HAVING DISCOUNTED THE EFFECT OF PRICE CHANGES.

AS REGARDS PRICE CHANGES OVER THE SAME PERIOD OF COMPARISON, THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY 2 PER CENT AND 3 PER CENT RESPECTIVELY, WHILE THOSE OF IMPORTS ROSE BY 4 PER CENT.

AS A RESULT, THE TERMS OF TRADE INDEX (EXPRESSED AS A RATIO OF TOTAL EXPORT PRICE INDEX TO IMPORT PRICE INDEX) DROPPED BY 1 PER CENT.

PRICES ARE BASED ON UNIT VALUES WHICH DO NOT TAKE INTO ACCOUNT CHANGES IN THE COMPOSTITION OR QUALITY OF GOODS TRADED, EXCEPT SOME SELECTED COMMODITIES FOR WHICH SPECIFICATION PRICE INDEXES AVAILABLE.

FOR

ARR

THE

COMPARING THE MONTH OF SEPTEMBER 1988 WITH SEPTEMBER 1987, VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS INCREASED BY 11 PER CENT AND 54 PER CENT RESPECTIVELY.

TOGETHER, TOTAL

HENCE, TAKING DOMESTIC EXPORTS AND RE-EXPORTS EXPORTS GREW BY 31 PER CENT IN VOLUME TERMS. IMPORT VOLUME ALSO INCREASED BY 31 PER CENT.

DURING THE SAME PERIOD OF COMPARISON, THE EXPORTS AND RE-EXPORTS ROSE BY 1 PER CENT AND 3 OF IMPORTS ROSE BY 4 PER CENT.

PRICES OF DOMESTIC RESPECTIVELY. PRICES

THE CHANGES IN THE VALUE. UNIT VALUE AND VOLUME OF DOMESTIC EXPORTS BY COMMODITY GROUP FOR SEPTEMBER 1988 AS COMPARED WITH SEPTEMBER 1987 ARE SHOWN IN TABLE 1.

AS CAN BE SEEN FROM TABLE 1, THE DOMESTIC EXPORT VOLUME OF MANY COMMODITY GROUPS INCREASED IN SEPTEMBER 1988 COMPARED WITH SEPTEMBER 1987, INCLUDING ELECTRONIC COMPONENTS (+35 PER CENT); METAL MANUFACTURES (+23 PER CENT); WATCHES AND CLOCKS (+41 PER CENT); FOOTWEAR (+11 PER CENT); METAL ORES AND SCRAP (+10 PER CENT); AND CLOTHING (+3 PER CENT).

/HOWEVER, DECREASES