XN000022-1990-09-10 — Page 2

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MONDAY, SEPTEMBER 10, 1990

JUNE PRICE AND VOLUME MOVEMENTS OF EXTERNAL TRADE

THE

VOLUME OF DOMESTIC EXPORTS DECREASED BY 3 PER CENT, WHILE THAT OF RE-EXPORTS GREW BY 10 PER CENT IN THE FIRST HALF OF 1990 AS COMPARED WITH THE SAME PERIOD IN 1989, ACCORDING TO THE STATISTICS RELEASED TODAY (MONDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

TAKING THEM TOGETHER, THERE WAS AN OVERALL INCREASE OF 4 PER CENT IN THE VOLUME OF TOTAL EXPORTS. IMPORTS INCREASED BY 3 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 4 PER CENT RESPECTIVELY, WHILE THOSE OF IMPORTS ROSE BY 2 PER CENT. AS A RESULT, THE TERMS OF TRADE INDEX (EXPRESSED AS A RATIO OF TOTAL EXPORT PRICE INDEX TO IMPORT PRICE INDEX) INCREASED 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.

OF

COMPARING THE MONTH OF JUNE 1990 WITH JUNE 1989, THE VOLUME DOMESTIC EXPORTS DECREASED BY 2 PER CENT, WHILE THAT OF RE-EXPORTS INCREASED BY 11 PER CENT. TAKING THEM TOGETHER, THE VOLUME OF TOTAL EXPORTS INCREASED BY 6 PER CENT. THE VOLUME OF IMPORTS INCREASED ALSO BY 2 PER CENT.

OVER THE SAME PERIOD OF COMPARISON, PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY 2 PER CENT AND 3 PER CENT RESPECTIVELY. IMPORT PRICES INCREASED BY 2 PER CENT.

THE CHANGES IN THE VALUE, UNIT VALUE AND VOLUME OF DOMESTIC EXPORTS BY PRINCIPAL COMMODITY GROUP FOR JUNE 1990 AS COMPARED WITH JUNE 1989 ARE SHOWN IN TABLE 1.

THE VOLUME OF DOMESTIC EXPORTS OF MOST COMMODITY GROUPS DECREASED IN JUNE 1990 AS COMPARED WITH JUNE 1989, INCLUDING RADIOS OF ALL KINDS (-46 PER CENT); FOOTWEAR (-40 PER CENT); TRAVEL GOODS, HANDBAGS AND SIMILAR ARTICLES (-31 PER CENT); DOMESTIC ELECTRICAL APPLIANCES (-29 PER CENT); METAL MANUFACTURES (-25 PER CENT); METAL ORES AND SCRAP (-5 PER CENT); TEXTILE YARN AND THREAD (-4 PER CENT); AND CLOTHING (-3 PER CENT).

ON THE OTHER HAND, INCREASES IN DOMESTIC EXPORT VOLUME WERE RECORDED IN WATCHES AND CLOCKS (

(+33 PER CENT); ELECTRONIC COMPONENTS (+10 PER CENT); TEXTILE MADE-UPS AND RELATED ARTICLES (+9 PER CENT); AND TEXTILE FABRICS (+2 PER CENT).

/THE PRICES