XN000022-1989-04-26 — Page 35

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WEDNESDAY, APRIL 26, 1989

WAS

$16,623 1988,

PER

THE VALUE OF DOMESTIC EXPORTS IN MARCH 1989

MARCH THAN IN MILLION, $2,571 MILLION OR 18.3 PER CENT HIGHER WHILE THE VALUE OF RE-EXPORTS INCREASED BY $7,893 MILLION OR 42.5 CENT TO $26,483 MILLION.

RE-EXPORTS),

THE VALUE OF TOTAL EXPORTS (DOMESTIC EXPORTS PLUS AT $43,106 MILLION IN MARCH 1989, WAS THUS $10,464 MILLION OR 32.1 PER CENT HIGHER THAN IN MARCH 1988.

THE VALUE OF IMPORTS GREW BY 30.0 PER CENT OR $11,178 MILLION OVER A YEAR EARLIER, TO $48,424 MILLION IN MARCH 1989.

ΤΟ 11.0

A VISIBLE TRADE DEFICIT OF $5,318 MILLION, EQUIVALENT

IN MARCH 1989. THIS PER CENT OF THE VALUE OF IMPORTS, WAS RECORDED

ΤΟ EQUIVALENT COMPARES WITH A DEFICIT OF $4,604 CENT OF THE VALUE OF IMPORTS, RECORDED IN MARCH 1988.

MILLION,

12.4 PER

TOTAL

PUTTING THESE TRADE FIGURES IN PERSPECTIVE, THE VALUE OF EXPORTS IN THE FIRST QUARTER OF 1989 WAS $123,049 MILLION, MADE UP OF DOMESTIC EXPORTS OF $47,927 MILLION AND RE-EXPORTS OF $75,122 MILLION.

TERMS TOTAL COMPARED WITH THE FIRST QUARTER OF 1988, IN VALUE

BY EXPORTS GREW BY $26,012 MILLION OR 26.8 PER CENT, DOMESTIC EXPORTS

MILLION OR $3,758 MILLION OR 8.5 PER CENT, AND RE-EXPORTS BY $22,254 42.1 PER CENT.

$130,031

OF OVER THE SAME PERIOD, THE VALUE

IMPORTS GREW BY $31,164

PER CENT, TO MILLION OR 31.5

A MILLION.

VISIBLE TRADE DEFICIT OF $6,982 MILLION, EQUIVALENT TO 5.4 PER CENT OF THE VALUE IMPORTS, WAS RECORDED IN THE FIRST QUARTER OF 1989.

COMMENTING ON THESE FIGURES, A

GOVERNMENT

OF

SECRETARIAT IN VALUE TERMS OF CENT, WAS

SPOKESMAN SAID THAT THE YEAR-ON-YEAR GROWTH RATE DOMESTIC EXPORTS FOR THE FIRST QUARTER OF 1989, AT 8.5 PER LOWER THAN IN THE THIRD AND FOURTH QUARTERS OF 1988, WHEN IT PER CENT AND 13.3 PER CENT RESPECTIVELY.

WAS 9.8

REMAINED

THE PERFORMANCE OF BI STILL

IMPORTS

SHOULD MONTHS

HOWEVER, THE GROWTH RATE OF RETAINED SIGNIFICANT IN THE FIRST QUARTER, SUGGESTING THAT DOMESTIC EXPORTS SATISFACTORY.

IN THE NEXT

COUPLE OF

THE SPOKESMAN ADDED THAT, AS A RESULT OF THE STRONG RE-EXPORTS, 61.1 PER CENT BY VALUE OF THE TOTAL EXPORTS IN RE-EXPORTS, COMPARED QUARTER OF 1989 WERE REPRESENTED BY PER CENT IN THE SAME QUARTER IN 1988.

GROWTH IN THE FIRST WITH 54.5

THE FOLLOWING TABLE

FOR MARCH 1989.

MERCHANDISE:

PRESENTS

THE

PROVISIONAL TRADE FIGURES

DOMESTIC EXPORTS

$16,623 MILLION

RE-EXPORTS

$26,483 MILLION

TOTAL EXPORTS

IMPORTS

TRADE BALANCE

$43,106 MILLION $48,424 MILLION 35,318 MILLION

[IN DEFICIT]

/COMPARATIVE FIGURES ........