XN000022-1989-01-08 — Page 2

SUNDAY, JANUARY 8, 1989

PRICE, VOLUME MOVEMENTS OF EXTERNAL TRADE IN OCTOBER

棠

*

THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS

OF

GREW BY 8 PER

THE CENT AND 45 PER CENT RESPECTIVELY IN

FIRST 10 MONTHS

1988

LAST COMPARED WITH THE SAME PERIOD

YEAR, ACCORDING TO RELEASED TODAY (SUNDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

STATISTICS

26 PER PER

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

+

FROM THE GROWTH

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

CENT AND

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

OF

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

ACCOUNT EXCEPT FOR INDEXES ARE

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

PRICE

1988 WITH

OCTOBER 1987.

THE

COMPARING THE MONTH OF OCTOBER

AND VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS INCREASED BY 9 PER CENT 50 PER

TAKING

EXPORTS AND CENT RESPECTIVELY. HENCE,

DOMESTIC BY 29 PER CENT IN VOLUME RE-EXPORTS TOGETHER, TOTAL EXPORTS GREW TERMS. IMPORT VOLUME ALSO INCREASED BY 27 PER CENT.

PRICES OF DOMESTIC

DURING THE SAME PERIOD OF COMPARISON, THE EXPORTS AND RE-EXPORTS ROSE BY 2 PER CENT AND 4 PER CENT RESPECTIVELY. PRICES OF IMPORTS ROSE BY 4 PER CENT.

THE CHANGES IN THE VALUE, UNIT VALUE

EXPORTS BY COMMODITY GROUP FOR 1987 ARE SHOWN IN TABLE 1.

AND VOLUME OF DOMESTIC OCTOBER 1988 COMPARED WITH OCTOBER

THE DOMESTIC

AS CAN BE SEEN FROM TABLE 1,

EXPORT, VOLUME OF OCTOBER MANY COMMODITY GROUPS INCREASED IN OCTOBER 1988 COMPARED WITH 1987.

COMPONENTS

PER

LENT);

CENT):

THESE GROUPS INCLUDED ELECTRONIC METAL MANUFACTURES (+21 PER CENT); WATCHES AND CLOCKS (+16 PER METAL ORES AND SCRAP (+7 PER CENT); AND CLOTHING +5 PER CENT).

/HOWEVER, DECREASES