XN000022-1990-12-12 — Page 11

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EXTERNAL TRADE STATISTICS FOR OCTOBER RELEASED

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TOTAL MERCHANDISE TRADE IN OCTOBER 1990, AT $127,231 MILLION, GREW BY 25 PER CENT IN VALUE TERMS AS COMPARED WITH OCTOBER 1989, ACCORDING TO THE DETAILED FIGURES ON THE VALUE OF TRADE IN OCTOBER 1990 RELEASED TODAY (WEDNESDAY) BY THE CENSUS AND STATISTICS

DEPARTMENT.

OVER THE SAME PERIOD OF COMPARISON, THE VALUE OF DOMESTIC EXPORTS INCREASED BY 6 PER CENT TO $22,185 MILLION, WHILE THAT OF RE- EXPORTS ROSE BY 31 PER CENT TO $41,838 MILLION. THE VALUE OF TOTAL EXPORTS INCREASED BY 21 PER CENT TO $64,024 MILLION.

THE VALUE OF IMPORTS INCREASED BY 30 PER CENT TO $63,208

MILLION.

THE VALUE OF TOTAL MERCHANDISE TRADE IN OCTOBER 1990, AT $1,037,394 MILLION, INCREASED BY 10 COMPARED WITH THE SAME PERIOD IN 1989.

JANUARY ΤΟ PER CENT AS

OVER THE SAME PERIOD OF COMPARISON, THE VALUE OF DOMESTIC EXPORTS DECREASED BY 1 PER CENT TO $183,785 MILLION, WHILE THAT OF RE- EXPORTS INCREASED BY 17 PER CENT TO $334,532 MILLION.

THUS, THE VALUE OF TOTAL EXPORTS INCREASED BY 10 PER CENT ΤΟ $518,318 MILLION. THE VALUE OF IMPORTS INCREASED BY 11 PER CENT TO $519,076 MILLION.

THE CHANGES IN THE VALUE OF DOMESTIC EXPORTS TO 10 MAJOR MARKETS ARE SHOWN IN TABLE 1.

COMPARING OCTOBER 1990 WITH OCTOBER 1989, THE VALUE OF DOMESTIC EXPORTS TO SINGAPORE AND THE FEDERAL REPUBLIC OF GERMANY RECORDED SUBSTANTIAL INCREASES OF 54 PER CENT AND 37 PER CENT RESPECTIVELY. DOMESTIC EXPORTS TO THE NETHERLANDS, CHINA, THE UNITED KINGDOM, TAIWAN AND JAPAN ALSO INCREASED, BY 18 PER CENT, 14 PER CENT, 14 PER CENT, 5 PER CENT AND 2 PER CENT RESPECTIVELY.

HOWEVER, THE VALUE OF DOMESTIC EXPORTS ΤΟ CANADA, THE USA AND AUSTRALIA DECREASED BY 19 PER CENT, 9 PER CENT AND 4 PER CENT

RESPECTIVELY.

COMPARING JANUARY TO OCTOBER 1990 WITH THE SAME PERIOD IN 1989, SUBSTANTIAL INCREASES WERE RECORDED IN THE VALUE OF DOMESTIC EXPORTS TO TAIWAN AND SINGAPORE, BY 32 PER CENT AND 30 PER CENT RESPECTIVELY. THE VALUE OF DOMESTIC EXPORTS TO THE FEDERAL REPUBLIC OF GERMANY, CHINA AND THE NETHERLANDS INCREASED BY 10 PER CENT, 8 PER CENT AND 5 PER CENT RESPECTIVELY.

HOWEVER, THE VALUE OF DOMESTIC EXPORTS TO CANADA, AUSTRALIA AND THE UNITED KINGDOM DECREASED BY 16 PER CENT, 16 PER CENT AND 12 PER CENT

DOMESTIC EXPORTS то JAPAN AND THE USA ALSO DECREASED IN VALUE TERMS, BY 9 PER CENT AND 8 PER CENT RESPECTIVELY.

RESPECTIVELY.

/TABLE 2