XN000022-1990-01-09 — Page 2

TUESDAY, JANUARY 9, 1990

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PRICE, VOLUME MOVEMENTS OF EXTERNAL TRADE IN OCTOBER

CENT

THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS GREW BY 2 PER AND 23 PER CENT RESPECTIVELY IN THE FIRST 10 MONTHS OF 1989 AS COMPARED WITH THE SAME PERIOD IN 1988, ACCORDING TO STATISTICS RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

TAKING THEM TOGETHER, THERE WAS AN OVERALL INCREASE OF 13 PER CENT IN THE VOLUME OF TOTAL EXPORTS. IMPORTS ALSO INCREASED BY 13 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.

OF COMPARISON, 3 PER CENT AND

AS REGARDS PRICE CHANGES OVER THE SAME PERIOD THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY 6 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) ROSE BY 1 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 AVAILABLE.

THE

RE-

COMPARING THE MONTH OF OCTOBER 1989 WITH OCTOBER 1988, VOLUME OF DOMESTIC EXPORTS INCREASED BY 1 PER CENT, WHILE THAT OF EXPORTS INCREASED BY 13 PER CENT. TAKING DOMESTIC EXPORTS AND EXPORTS TOGETHER, TOTAL EXPORTS GREW BY 8 PER CENT IN VOLUME TERMS. IMPORT VOLUME INCREASED BY 3 PER CENT.

RE-

OVER THE SAME PERIOD OF COMPARISON, THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY 3 PER CENT AND 6 PER CENT RESPECTIVELY. PRICES OF IMPORTS ROSE BY 4 PER CENT.

THE CHANGES IN THE VALUE, UNIT VALUE AND VOLUME OF DOMESTIC EXPORTS BY COMMODITY GROUP FOR OCTOBER 1989 AS COMPARED WITH OCTOBER 1988 ARE SHOWN IN TABLE 1.

AS CAN BE SEEN FROM TABLE 1, THE DOMESTIC EXPORT VOLUME OF SOME COMMODITY GROUPS DECREASED IN OCTOBER 1989 COMPARED WITH OCTOBER 1988, INCLUDING RADIOS OF ALL KINDS (-39 PER CENT); TRAVEL GOODS, HANDBAGS AND SIMILAR ARTICLES (-23 PER CENT); METAL MANUFACTURES (-21 PER CENT); FOOTWEAR (-15 PER CENT); TEXTILE MADE-UPS AND RELATED ARTICLES (-14 PER CENT); DOMESTIC ELECTRICAL APPLIANCES (-13 PER CENT); AND WATCHES AND CLOCKS (-1 PER CENT).

NEVERTHELESS, INCREASES IN DOMESTIC EXPORT VOLUME WERE RECORDED IN TEXTILE YARN AND THREAD (+20 PER CENT); ELECTRONIC COMPONENTS (+17 AND PER CENT); TEXTILE FABRICS (+9 PER CENT); CLOTHING (+7 PER CENT); METAL ORES AND SCRAP (+6 PER CENT).

/PRICES OF